The stock of Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) has increased by 34.99 when compared to last closing price of 0.10.Despite this, the company has seen a gain of 11.59% in its stock price over the last five trading days. globenewswire.com reported 2024-08-14 that NANPING, China, Aug. 14, 2024 (GLOBE NEWSWIRE) — Golden Heaven Group Holdings Ltd. (“Golden Heaven” or the “Company”) (Nasdaq: GDHG), an amusement park operator in China, today announced the Company received a staff determination letter (the “Letter”), on August 9, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, due to the Company’s failure to regain compliance with the minimum bid price of $1.00 per share requirement for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Requirement”), Nasdaq has determined (the “Determination”) that the Company’s securities will be scheduled for delisting from Nasdaq unless the Company requests an appeal of such Determination to a Hearings Panel (the “Panel”).
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 4.00x compared to its average ratio, The 36-month beta value for GDHG is at -4.70.
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 78.75M, and currently, shorts hold a 0.60% of that float. The average trading volume for GDHG on August 16, 2024 was 7.58M shares.
GDHG’s Market Performance
GDHG’s stock has seen a 11.59% increase for the week, with a -24.42% drop in the past month and a -48.00% fall in the past quarter. The volatility ratio for the week is 12.59%, and the volatility levels for the past 30 days are at 14.30% for Golden Heaven Group Holdings Ltd The simple moving average for the past 20 days is -10.94% for GDHG’s stock, with a -95.75% simple moving average for the past 200 days.
GDHG Trading at -21.78% 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 -99.48% of loss for the given period.
Volatility was left at 14.30%, however, over the last 30 days, the volatility rate increased by 12.59%, as shares sank -33.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.86% lower at present.
During the last 5 trading sessions, GDHG fell by -7.98%, which changed the moving average for the period of 200-days by -99.15% in comparison to the 20-day moving average, which settled at $0.1433. In addition, Golden Heaven Group Holdings Ltd saw -82.18% 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 1.21. 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 conclusion, Golden Heaven Group Holdings Ltd (GDHG) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
