The stock price of Globavend Holdings Ltd. (NASDAQ: GVH) has surged by 20.65 when compared to previous closing price of 0.54, but the company has seen a 34.03% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-22 that Ordinary shares will continue to trade on the Nasdaq Capital Market, and the Company’s listing on such exchange is not affected by the receipt of the Notice
Is It Worth Investing in Globavend Holdings Ltd. (NASDAQ: GVH) Right Now?
Globavend Holdings Ltd. (NASDAQ: GVH) has a higher price-to-earnings ratio of 11.93x compared to its average ratio.
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The public float for GVH is 3.18M, and currently, short sellers hold a 1.97% ratio of that float. The average trading volume of GVH on August 22, 2024 was 498.15K shares.
GVH’s Market Performance
GVH’s stock has seen a 34.03% increase for the week, with a 5.42% rise in the past month and a -57.14% fall in the past quarter. The volatility ratio for the week is 9.19%, and the volatility levels for the past 30 days are at 10.20% for Globavend Holdings Ltd. The simple moving average for the last 20 days is 13.55% for GVH stock, with a simple moving average of -42.07% for the last 200 days.
GVH Trading at -9.95% from the 50-Day Moving Average
After a stumble in the market that brought GVH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.15% of loss for the given period.
Volatility was left at 10.20%, however, over the last 30 days, the volatility rate increased by 9.19%, as shares surge +3.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.24% lower at present.
During the last 5 trading sessions, GVH rose by +29.60%, in comparison to the 20-day moving average, which settled at $0.5748. In addition, Globavend Holdings Ltd. saw -58.64% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GVH
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.1 for the gross margin
The net margin for Globavend Holdings Ltd. stands at 0.06. The total capital return value is set at 1.31. Equity return is now at value 155.85, with 31.65 for asset returns.
Based on Globavend Holdings Ltd. (GVH), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 11.13. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 1073.94.
Currently, EBITDA for the company is 1.2 million with net debt to EBITDA at -0.55. When we switch over and look at the enterprise to sales, we see a ratio of 0.73. The receivables turnover for the company is 6.27for trailing twelve months and the total asset turnover is 2.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
To put it simply, Globavend Holdings Ltd. (GVH) has had a mixed 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.
