In the past week, GSIW stock has gone down by -24.45%, with a monthly decline of -58.79% and a quarterly plunge of -90.42%. The volatility ratio for the week is 11.84%, and the volatility levels for the last 30 days are 12.54% for Garden Stage Ltd The simple moving average for the past 20 days is -34.23% for GSIW’s stock, with a -90.26% 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 5.99M, and currently, short sellers hold a 2.68% ratio of that float. The average trading volume of GSIW on November 15, 2024 was 3.64M shares.
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GSIW) stock’s latest price update
Garden Stage Ltd (NASDAQ: GSIW) has experienced a decline in its stock price by -10.14 compared to its previous closing price of 0.76. However, the company has seen a fall of -24.45% 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 -71.06% 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 -95.75% of loss for the given period.
Volatility was left at 12.54%, however, over the last 30 days, the volatility rate increased by 11.84%, as shares sank -55.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -91.65% lower at present.
During the last 5 trading sessions, GSIW fell by -24.45%, which changed the moving average for the period of 200-days by -94.88% in comparison to the 20-day moving average, which settled at $1.0340. In addition, Garden Stage Ltd saw -91.28% 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 350,000 shares at the price of $0.90 back on Nov 12 ’24. After this action, Oriental Moon Tree Limited now owns shares of Garden Stage Ltd, valued at $315,000 using the latest closing price.
Oriental Moon Tree Limited, the Affiliate of Garden Stage Ltd, proposed sale 400,000 shares at $1.11 during a trade that took place back on Oct 31 ’24, which means that Oriental Moon Tree Limited is holding shares at $444,000 based on the most recent 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 12.48. The total capital return value is set at 0.58.
Currently, EBITDA for the company is -4.54 million with net debt to EBITDA at 4.13. When we switch over and look at the enterprise to sales, we see a ratio of 9.33. The receivables turnover for the company is 1.02for trailing twelve months and the total asset turnover is 0.42.
Conclusion
To put it simply, Garden Stage Ltd (GSIW) has had a bad 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.
