The stock of Garden Stage Ltd (GSIW) has seen a -55.18% decrease in the past week, with a -81.21% drop in the past month, and a -81.89% decrease in the past quarter. The volatility ratio for the week is 174.77%, and the volatility levels for the past 30 days are at 65.03% for GSIW. The simple moving average for the past 20 days is -81.20% for GSIW’s stock, with a -84.22% simple moving average for the past 200 days.
Is It Worth Investing in Garden Stage Ltd (NASDAQ: GSIW) Right Now?
The public float for GSIW is 4.15M, and at present, short sellers hold a 1.14% of that float. The average trading volume of GSIW on September 23, 2024 was 1.30M shares.
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GSIW) stock’s latest price update
The stock price of Garden Stage Ltd (NASDAQ: GSIW) has dropped by -82.89 compared to previous close of 7.83. Despite this, the company has seen a fall of -55.18% in its stock price over the last five trading days. globenewswire.com reported 2024-09-16 that Hong Kong, Sept. 16, 2024 (GLOBE NEWSWIRE) — I Win Securities Limited and I Win Asset Management Limited (“I Win”), both being wholly-owned subsidiaries of Garden Stage Limited (NASDAQ: GSIW) (“Garden Stage”), announced today that multiple strategic cooperation agreements have been reached with Indicator Global Inc (“Indicator”), an Investment Adviser Firm registered with US SEC with registration number 802-130189 and CRD number 331058. Indicator Global Inc is one of the leading investment advisers in the United States in a wide spectrum of industry practises. This cooperation further enhances the connectivity of the different clientele of I Win and Indicator and facilitates the development of the businesses of all parties involved. The cooperation agreements cover introduction of clients, derivatives, consulting, external asset management and a possible formation of a joint venture.
GSIW Trading at -81.28% from the 50-Day Moving Average
After a stumble in the market that brought GSIW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.62% of loss for the given period.
Volatility was left at 65.03%, however, over the last 30 days, the volatility rate increased by 174.77%, as shares sank -81.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -81.10% lower at present.
During the last 5 trading sessions, GSIW fell by -55.18%, in comparison to the 20-day moving average, which settled at $6.8363. In addition, Garden Stage Ltd saw -82.82% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GSIW starting from Oriental Moon Tree Limited, who proposed sale 231,245 shares at the price of $2.37 back on Sep 19 ’24. After this action, Oriental Moon Tree Limited now owns shares of Garden Stage Ltd, valued at $548,051 using the latest closing price.
Stock Fundamentals for GSIW
Current profitability levels for the company are sitting at:
- -3.25 for the present operating margin
- 0.98 for the gross margin
The net margin for Garden Stage Ltd stands at 32.32. The total capital return value is set at 0.58.
Based on Garden Stage Ltd (GSIW), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at -21.23.
Currently, EBITDA for the company is -0.57 million with net debt to EBITDA at -647.27. When we switch over and look at the enterprise to sales, we see a ratio of 22.43. The receivables turnover for the company is 8.0for trailing twelve months and the total asset turnover is 0.42.
Conclusion
In summary, Garden Stage Ltd (GSIW) 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.
