Globavend Holdings Ltd (NASDAQ:GVH) shares, rose in value, with the stock price up by 12.72% to the previous day’s close as strong demand from buyers drove the stock to $0.70.
Actively observing the price movement in the recent trading, the stock is buoying the session at $0.62, falling within a range of $0.618 and $0.76. The PE ratio was 11.53 over 12-month period. Referring to stock’s 52-week performance, its high was $2.57, and the low was $0.47. On the whole, GVH has fluctuated by 0.39% over the past month.
With the market capitalization of Globavend Holdings Ltd currently standing at about $10.45 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GVH’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of GVH currently trading nearly 5.14% and -0.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.99, while the 7-day volatility ratio is showing 11.06% which for the 30-day chart, stands at 8.92%. Furthermore, Globavend Holdings Ltd (GVH)’s beta value is 1.66, and its average true range (ATR) is 0.07.
A comparison of Globavend Holdings Ltd (GVH) with its peers suggests the former has fared considerably weaker in the market. GVH showed an intraday change of 12.72% in today’s session so far, and over the past year, it shrunk by -53.64%%.
Data on historical trading for Globavend Holdings Ltd (NASDAQ:GVH) indicates that the trading volumes over the past 10 days have averaged 59910.0 and over the past 3 months, they’ve averaged 89.00K. According to company’s latest data on outstanding shares, there are 14.93 million shares outstanding.
Nearly 76.65% of Globavend Holdings Ltd’s shares belong to company insiders and institutional investors own 0.28% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.15 million shares as on 2025-03-14, resulting in a short ratio of 12.54. According to the data, the short interest in Globavend Holdings Ltd (GVH) stood at 433.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 0.2 million. The stock has risen by 4.49% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GVH stock heading into the next quarter.
