Should You Invest in Golden Heaven Group Holdings Ltd (GDHG) Now?

Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) has a higher price-to-earnings ratio of 3.60x compared to its average ratio, The 36-month beta value for GDHG is at -5.01.

The public float for GDHG is 11.72M, and currently, shorts hold a 5.38% of that float. The average trading volume for GDHG on August 27, 2024 was 7.77M shares.

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

GDHG) stock’s latest price update

Golden Heaven Group Holdings Ltd (NASDAQ: GDHG)’s stock price has decreased by -0.89 compared to its previous closing price of 0.12. However, the company has seen a -3.74% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2024-08-27 that NANPING, China, Aug. 27, 2024 /PRNewswire/ — Golden Heaven Group Holdings Ltd. (“Golden Heaven” or the “Company”) (Nasdaq: GDHG), an amusement park operator in China, today announced that it was granted the land use rights for an approximately 26,000-square-meter plot (the “Plot”) located in Yunhe Sanwan Scenic Spot in Yangzhou, Jiangsu Province, China on August 16, 2024 by Yangzhou Lemandi Tourism Development and Investment Co., Ltd.

GDHG’s Market Performance

GDHG’s stock has fallen by -3.74% in the past week, with a monthly drop of -34.61% and a quarterly drop of -54.30%. The volatility ratio for the week is 8.96% while the volatility levels for the last 30 days are 16.35% for Golden Heaven Group Holdings Ltd The simple moving average for the last 20 days is -8.40% for GDHG stock, with a simple moving average of -95.31% for the last 200 days.

GDHG Trading at -25.18% 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 -99.53% of loss for the given period.

Volatility was left at 16.35%, however, over the last 30 days, the volatility rate increased by 8.96%, as shares sank -35.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.44% lower at present.

During the last 5 trading sessions, GDHG fell by -4.44%, which changed the moving average for the period of 200-days by -99.40% in comparison to the 20-day moving average, which settled at $0.1245. In addition, Golden Heaven Group Holdings Ltd saw -83.95% 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 1.26. 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.

Most Popular

Related Posts