The -13.88% Decline of Golden Heaven Group Holdings Ltd’s (GDHG) Stock in the Past Quarter

In the past week, GDHG stock has gone up by 8.32%, with a monthly decline of -19.44% and a quarterly plunge of -55.55%. The volatility ratio for the week is 20.50%, and the volatility levels for the last 30 days are 16.39% for Golden Heaven Group Holdings Ltd The simple moving average for the past 20 days is -10.47% for GDHG’s stock, with a -95.70% 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 3.97x, which is above its average ratio. Moreover, the 36-month beta value for GDHG is -4.83.

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The public float for GDHG is 78.75M and currently, short sellers hold a 0.60% of that float. On August 20, 2024, GDHG’s average trading volume was 7.83M shares.

GDHG) stock’s latest price update

Golden Heaven Group Holdings Ltd (NASDAQ: GDHG)’s stock price has increased by 7.42 compared to its previous closing price of 0.12. However, the company has seen a 8.32% increase in its stock price over the last five trading sessions. 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”).

GDHG Trading at -21.71% 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 16.39%, however, over the last 30 days, the volatility rate increased by 20.50%, as shares sank -30.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.66% lower at present.

During the last 5 trading sessions, GDHG rose by +8.32%, which changed the moving average for the period of 200-days by -99.05% in comparison to the 20-day moving average, which settled at $0.1412. In addition, Golden Heaven Group Holdings Ltd saw -82.33% 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 1.34. 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

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.

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