Guardforce AI Co Ltd (NASDAQ: GFAI) has seen a decline in its stock price by 0.00 in relation to its previous close of 1.15. However, the company has experienced a -1.71% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-24 that Gross profit increased 50% in H1 2024 compared to H1 2023 Establishing a strong AI technology foundation for solution development in travel and retail NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) — Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced financial results and provided a business update for the first half of 2024 (H1 2024) ended June 30, 2024.
Is It Worth Investing in Guardforce AI Co Ltd (NASDAQ: GFAI) Right Now?
Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for GFAI is 8.36M and currently, short sellers hold a 6.65% of that float. On September 24, 2024, GFAI’s average trading volume was 253.27K shares.
GFAI’s Market Performance
GFAI stock saw a decrease of -1.71% in the past week, with a monthly decline of -20.69% and a quarterly a decrease of -47.96%. The volatility ratio for the week is 4.29%, and the volatility levels for the last 30 days are 7.37% for Guardforce AI Co Ltd (GFAI). The simple moving average for the last 20 days is -4.33% for GFAI stock, with a simple moving average of -55.97% for the last 200 days.
GFAI Trading at -26.68% from the 50-Day Moving Average
After a stumble in the market that brought GFAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.84% of loss for the given period.
Volatility was left at 7.37%, however, over the last 30 days, the volatility rate increased by 4.29%, as shares sank -21.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.63% lower at present.
During the last 5 trading sessions, GFAI fell by -1.71%, which changed the moving average for the period of 200-days by -67.05% in comparison to the 20-day moving average, which settled at $1.1865. In addition, Guardforce AI Co Ltd saw -65.36% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GFAI
Current profitability levels for the company are sitting at:
- -0.54 for the present operating margin
- 0.08 for the gross margin
The net margin for Guardforce AI Co Ltd stands at -0.82. The total capital return value is set at -0.62. Equity return is now at value -132.98, with -55.20 for asset returns.
Based on Guardforce AI Co Ltd (GFAI), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at -0.18. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is -30.06.
Currently, EBITDA for the company is -13.25 million with net debt to EBITDA at 0.94. When we switch over and look at the enterprise to sales, we see a ratio of -0.05. The receivables turnover for the company is 4.15for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.22.
Conclusion
To wrap up, the performance of Guardforce AI Co Ltd (GFAI) has been bad in recent times. The stock has received a bullish 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.
