Golden Heaven Group Holdings Ltd (NASDAQ: GDHG)’s stock price has gone decline by -0.96 in comparison to its previous close of 2.09, however, the company has experienced a 5.61% increase in its stock price over the last five trading days. prnewswire.com reported 2024-11-19 that NANPING, China, Nov. 19, 2024 /PRNewswire/ — Golden Heaven Group Holdings Ltd. (“Golden Heaven” or the “Company”) (Nasdaq: GDHG), an amusement park operator in China, today announced that on November 18, 2024, the Company entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain investors.
Is It Worth Investing in Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) Right Now?
Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) has a higher price-to-earnings ratio of 63.69x compared to its average ratio. GDHG has 36-month beta value of -4.92.
The public float for GDHG is 1.97M, and currently, short sellers hold a 1.28% ratio of that float. The average trading volume of GDHG on December 31, 2024 was 146.56K shares.
GDHG’s Market Performance
The stock of Golden Heaven Group Holdings Ltd (GDHG) has seen a 5.61% increase in the past week, with a 31.01% rise in the past month, and a -19.46% fall in the past quarter. The volatility ratio for the week is 41.35%, and the volatility levels for the past 30 days are at 19.34% for GDHG. The simple moving average for the past 20 days is 10.31% for GDHG’s stock, with a -73.51% simple moving average for the past 200 days.
GDHG Trading at 7.40% 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 -95.11% of loss for the given period.
Volatility was left at 19.34%, however, over the last 30 days, the volatility rate increased by 41.35%, as shares surge +5.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.95% lower at present.
During the last 5 trading sessions, GDHG fell by -10.71%, which changed the moving average for the period of 200-days by -92.05% in comparison to the 20-day moving average, which settled at $1.86. In addition, Golden Heaven Group Holdings Ltd saw -94.32% 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 591.18.
Currently, EBITDA for the company is 14.16 million with net debt to EBITDA at 1.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.5. 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
To put it simply, Golden Heaven Group Holdings Ltd (GDHG) has had a mixed 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.
