Golden Heaven Group Holdings Ltd (GDHG) Stock: A Guide to the Market Trend

The stock of Golden Heaven Group Holdings Ltd (GDHG) has gone down by -10.43% for the week, with a -14.67% drop in the past month and a -37.48% drop in the past quarter. The volatility ratio for the week is 9.56%, and the volatility levels for the past 30 days are 8.56% for GDHG. The simple moving average for the past 20 days is -11.76% for GDHG’s stock, with a -92.44% simple moving average for the past 200 days.

Is It Worth Investing in Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) Right Now?

The price-to-earnings ratio for Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) is 3.19x, which is above its average ratio. Moreover, the 36-month beta value for GDHG is -6.15.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for GDHG is 7.62M and currently, short sellers hold a 8.63% of that float. On April 03, 2024, GDHG’s average trading volume was 1.97M shares.

GDHG) stock’s latest price update

The stock of Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) has decreased by -6.71 when compared to last closing price of 0.45.Despite this, the company has seen a loss of -10.43% in its stock price over the last five trading days. MarketBeat reported 2024-02-21 that 3M NYSE: MMM, International Business Machines NYSE: IBM, Realty Income Inc. NYSE: O, Target Corp. NYSE: TGT and the Southern Company NYSE: SO are among dividend aristocrats with a history of increasing shareholder payouts for a history of increasing shareholder payouts for  25 years or more.

GDHG Trading at -17.32% from the 50-Day Moving Average

After a stumble in the market that brought GDHG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.32% of loss for the given period.

Volatility was left at 8.56%, however, over the last 30 days, the volatility rate increased by 9.56%, as shares sank -11.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.81% lower at present.

During the last 5 trading sessions, GDHG fell by -11.67%, which changed the moving average for the period of 200-days by -90.48% in comparison to the 20-day moving average, which settled at $0.4730. In addition, Golden Heaven Group Holdings Ltd saw -42.45% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for GDHG

Current profitability levels for the company are sitting at:

  • 0.34 for the present operating margin
  • 0.61 for the gross margin

The net margin for Golden Heaven Group Holdings Ltd stands at 0.21. The total capital return value is set at 0.16. Equity return is now at value 11.84, with 8.43 for asset returns.

Based on Golden Heaven Group Holdings Ltd (GDHG), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at -3.07. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is 1785.18.

Currently, EBITDA for the company is 14.32 million with net debt to EBITDA at 0.42. When we switch over and look at the enterprise to sales, we see a ratio of 0.87. The receivables turnover for the company is 550.68for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.

Conclusion

To wrap up, the performance of Golden Heaven Group Holdings Ltd (GDHG) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.

Related Posts