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Chindata Group Holdings Limited (CD): A Technical Analysis

Chindata Group Holdings Limited (NASDAQ: CD) has a higher price-to-earnings ratio of 26.95x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.69. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

The average price point forecasted by analysts for Chindata Group Holdings Limited (CD) is $69.48, which is $3.12 above the current market price. The public float for CD is 184.57M, and currently, short sellers hold a 9.37% ratio of that float. The average trading volume of CD on September 19, 2023 was 1.82M shares.

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CD) stock’s latest price update

Chindata Group Holdings Limited (NASDAQ: CD) has experienced a rise in its stock price by 0.06 compared to its previous closing price of 8.35. However, the company has seen a gain of 0.54% in its stock price over the last five trading days. Seeking Alpha reported 2023-08-31 that Chindata Group Holdings Limited (NASDAQ:CD ) Q2 2023 Earnings Conference Call August 31, 2023 8:00 AM ET Company Participants Don Zhou – Investor Relations Nick Wang – Chief Financial Officer Zoe Zhuang – Senior Vice President, Finance Conference Call Participants Yang Liu – Morgan Stanley Sara Wang – UBS Mingran Li – CICC Operator Good morning and good evening, ladies and gentlemen. Thank you for joining, and welcome to Chindata Group Holdings Limited Second Quarter 2023 Earnings Conference Call.

CD’s Market Performance

CD’s stock has risen by 0.54% in the past week, with a monthly rise of 0.42% and a quarterly rise of 15.88%. The volatility ratio for the week is 0.49% while the volatility levels for the last 30 days are 0.75% for Chindata Group Holdings Limited The simple moving average for the past 20 days is 0.40% for CD’s stock, with a 13.13% simple moving average for the past 200 days.

Analysts’ Opinion of CD

Many brokerage firms have already submitted their reports for CD stocks, with Credit Suisse repeating the rating for CD by listing it as a “Outperform.” The predicted price for CD in the upcoming period, according to Credit Suisse is $8.30 based on the research report published on March 07, 2022 of the previous year 2022.

CD Trading at 2.30% from the 50-Day Moving Average

After a stumble in the market that brought CD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.28% of loss for the given period.

Volatility was left at 0.75%, however, over the last 30 days, the volatility rate increased by 0.49%, as shares surge +1.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.95% upper at present.

During the last 5 trading sessions, CD rose by +0.72%, which changed the moving average for the period of 200-days by +16.90% in comparison to the 20-day moving average, which settled at $8.33. In addition, Chindata Group Holdings Limited saw 4.83% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for CD

Current profitability levels for the company are sitting at:

  • +26.11 for the present operating margin
  • +40.67 for the gross margin

The net margin for Chindata Group Holdings Limited stands at +14.32. The total capital return value is set at 6.65, while invested capital returns managed to touch 4.02. Equity return is now at value 7.50, with 3.40 for asset returns.

Based on Chindata Group Holdings Limited (CD), the company’s capital structure generated 79.35 points at debt to equity in total, while total debt to capital is 44.24. Total debt to assets is 37.47, with long-term debt to equity ratio resting at 67.88. Finally, the long-term debt to capital ratio is 37.85.

When we switch over and look at the enterprise to sales, we see a ratio of 2.91, with the company’s debt to enterprise value settled at 0.35. The receivables turnover for the company is 2.72 and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.59.


To put it simply, Chindata Group Holdings Limited (CD) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.