Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) has seen a decline in its stock price by -8.88 in relation to its previous close of 0.15. However, the company has experienced a -23.58% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-07-30 that NANPING, China, July 30, 2024 /PRNewswire/ — Golden Heaven Group Holdings Ltd. (“Golden Heaven” or the “Company”) (Nasdaq: GDHG), an amusement park operator in China, today announced its unaudited financial results for the six months ended March 31, 2024 (“First Half 2024”).
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 above average at 4.14x. The 36-month beta value for GDHG is also noteworthy at -4.65.
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The public float for GDHG is 17.62M, and at present, short sellers hold a 5.47% of that float. The average trading volume of GDHG on August 05, 2024 was 6.70M shares.
GDHG’s Market Performance
GDHG stock saw a decrease of -23.58% in the past week, with a monthly decline of -29.87% and a quarterly a decrease of -58.87%. The volatility ratio for the week is 17.18%, and the volatility levels for the last 30 days are 12.42% for Golden Heaven Group Holdings Ltd (GDHG). The simple moving average for the last 20 days is -24.43% for GDHG stock, with a simple moving average of -96.39% for the last 200 days.
GDHG Trading at -29.31% 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 -99.46% of loss for the given period.
Volatility was left at 12.42%, however, over the last 30 days, the volatility rate increased by 17.18%, as shares sank -28.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.10% lower at present.
During the last 5 trading sessions, GDHG fell by -23.58%, which changed the moving average for the period of 200-days by -99.06% in comparison to the 20-day moving average, which settled at $0.1753. In addition, Golden Heaven Group Holdings Ltd saw -81.56% 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:
- 0.15 for the present operating margin
- 0.47 for the gross margin
The net margin for Golden Heaven Group Holdings Ltd stands at 0.07. The total capital return value is set at 0.05. Equity return is now at value 2.73, with 2.05 for asset returns.
Based on Golden Heaven Group Holdings Ltd (GDHG), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -25.96. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 591.17.
Currently, EBITDA for the company is 14.32 million with net debt to EBITDA at 1.35. When we switch over and look at the enterprise to sales, we see a ratio of 0.62. The receivables turnover for the company is 459.55for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.
Conclusion
In summary, Golden Heaven Group Holdings Ltd (GDHG) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
