The stock of Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) has decreased by -0.85 when compared to last closing price of 0.12. Despite this, the company has experienced a -0.93% fall 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.
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 3.60x. The 36-month beta value for GDHG is also noteworthy at -5.08.
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The public float for GDHG is 81.92M, and at present, short sellers hold a 0.77% of that float. The average trading volume of GDHG on September 04, 2024 was 7.64M shares.
GDHG’s Market Performance
GDHG’s stock has seen a -0.93% decrease for the week, with a -13.01% drop in the past month and a -50.00% fall in the past quarter. The volatility ratio for the week is 10.96%, and the volatility levels for the past 30 days are at 14.87% for Golden Heaven Group Holdings Ltd The simple moving average for the past 20 days is -1.87% for GDHG’s stock, with a -94.40% simple moving average for the past 200 days.
GDHG Trading at -23.09% 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 14.87%, however, over the last 30 days, the volatility rate increased by 10.96%, as shares sank -18.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.69% lower at present.
During the last 5 trading sessions, GDHG fell by -0.93%, 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 $0.1179. In addition, Golden Heaven Group Holdings Ltd saw -83.96% 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 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.
