Golden Heaven Group Holdings Ltd (NASDAQ: GDHG)’s stock price has plunge by -15.99relation to previous closing price of 0.33. Nevertheless, the company has seen a -19.23% plunge in its stock price over the last five trading sessions. 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.
Is It Worth Investing in Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) Right Now?
Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) has a higher price-to-earnings ratio of 2.13x compared to its average ratio. GDHG has 36-month beta value of -4.51.
The public float for GDHG is 17.62M, and currently, short sellers hold a 3.28% ratio of that float. The average trading volume of GDHG on May 08, 2024 was 2.98M shares.
GDHG’s Market Performance
The stock of Golden Heaven Group Holdings Ltd (GDHG) has seen a -19.23% decrease in the past week, with a -14.45% drop in the past month, and a -47.35% fall in the past quarter. The volatility ratio for the week is 22.59%, and the volatility levels for the past 30 days are at 19.32% for GDHG. The simple moving average for the last 20 days is -0.13% for GDHG stock, with a simple moving average of -94.47% for the last 200 days.
GDHG Trading at -28.36% 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 -98.88% of loss for the given period.
Volatility was left at 19.32%, however, over the last 30 days, the volatility rate increased by 22.59%, as shares sank -11.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.49% lower at present.
During the last 5 trading sessions, GDHG fell by -19.23%, which changed the moving average for the period of 200-days by -92.27% in comparison to the 20-day moving average, which settled at $0.2792. In addition, Golden Heaven Group Holdings Ltd saw -61.54% 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 0.65. 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 put it simply, Golden Heaven Group Holdings Ltd (GDHG) has had a bad 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’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.
