The whole world of gambling is on your smartphone with the Mostbet app - join us!
Home  »  Hot Stocks   »  TD Holdings Inc. (GLG) Shares Plummet Below 1-Year...

TD Holdings Inc. (GLG) Shares Plummet Below 1-Year High

The stock of TD Holdings Inc. (NASDAQ: GLG) has decreased by -5.44 when compared to last closing price of 0.17. Despite this, the company has experienced a -1.34% fall in its stock price over the last five trading sessions. Benzinga reported 2023-04-14 that The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Is It Worth Investing in TD Holdings Inc. (NASDAQ: GLG) Right Now?

compared to its average ratio and a 36-month beta value of 0.44. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


The average price point forecasted by analysts for TD Holdings Inc. (GLG) is $300.00, The public float for GLG is 107.60M, and currently, short sellers hold a 0.34% ratio of that float. The average trading volume of GLG on September 18, 2023 was 5.04M shares.

GLG’s Market Performance

The stock of TD Holdings Inc. (GLG) has seen a -1.34% decrease in the past week, with a -67.66% drop in the past month, and a -73.72% fall in the past quarter. The volatility ratio for the week is 12.83%, and the volatility levels for the past 30 days are at 32.84% for GLG. The simple moving average for the past 20 days is -57.51% for GLG’s stock, with a -80.50% simple moving average for the past 200 days.

GLG Trading at -64.58% from the 50-Day Moving Average

After a stumble in the market that brought GLG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.75% of loss for the given period.

Volatility was left at 32.84%, however, over the last 30 days, the volatility rate increased by 12.83%, as shares sank -69.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -73.22% lower at present.

During the last 5 trading sessions, GLG fell by -1.16%, which changed the moving average for the period of 200-days by -86.83% in comparison to the 20-day moving average, which settled at $0.3625. In addition, TD Holdings Inc. saw -86.18% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GLG starting from Zhang Shuxiang, who purchase 10,000,000 shares at the price of $1.21 back on Jan 30. After this action, Zhang Shuxiang now owns 27,934,000 shares of TD Holdings Inc., valued at $12,100,000 using the latest closing price.

Zhang Shuxiang, the 10% Owner of TD Holdings Inc., purchase 10,000,000 shares at $1.15 during a trade that took place back on Nov 28, which means that Zhang Shuxiang is holding 17,934,000 shares at $11,500,000 based on the most recent closing price.

Stock Fundamentals for GLG

Current profitability levels for the company are sitting at:

  • -5.01 for the present operating margin
  • +0.66 for the gross margin

The net margin for TD Holdings Inc. stands at +2.89. The total capital return value is set at -3.11, while invested capital returns managed to touch 1.83. Equity return is now at value -0.70, with -0.60 for asset returns.

Based on TD Holdings Inc. (GLG), the company’s capital structure generated 1.96 points at debt to equity in total, while total debt to capital is 1.93. Total debt to assets is 1.62, with long-term debt to equity ratio resting at 0.03. Finally, the long-term debt to capital ratio is 0.03.

When we switch over and look at the enterprise to sales, we see a ratio of 0.29, with the company’s debt to enterprise value settled at 0.08. The receivables turnover for the company is 1.14 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.40.


To put it simply, TD Holdings Inc. (GLG) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.