Additionally, the 36-month beta value for GSIW is -2.73.
The public float for GSIW is 5.99M and currently, short sellers hold a 2.20% ratio of that float. The average trading volume of GSIW on January 31, 2025 was 308.54K shares.
GSIW) stock’s latest price update
The stock price of Garden Stage Ltd (NASDAQ: GSIW) has plunged by -10.38 when compared to previous closing price of 0.53, but the company has seen a -29.85% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-30 that Hong Kong, Dec. 30, 2024 (GLOBE NEWSWIRE) — Garden Stage Limited (NASDAQ: GSIW) (“GSIW” or the “Company”), today announced that it received a delinquency notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on December 24, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq’s Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company’s ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until June 23, 2025, to regain compliance with the minimum bid price requirement.
GSIW’s Market Performance
GSIW’s stock has fallen by -29.85% in the past week, with a monthly drop of -24.48% and a quarterly drop of -57.21%. The volatility ratio for the week is 9.66% while the volatility levels for the last 30 days are 11.13% for Garden Stage Ltd The simple moving average for the past 20 days is -22.02% for GSIW’s stock, with a -89.09% simple moving average for the past 200 days.
GSIW Trading at -23.01% 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 -97.03% of loss for the given period.
Volatility was left at 11.13%, however, over the last 30 days, the volatility rate increased by 9.66%, as shares sank -26.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.87% lower at present.
During the last 5 trading sessions, GSIW fell by -27.63%, which changed the moving average for the period of 200-days by -93.84% in comparison to the 20-day moving average, which settled at $0.6099. In addition, Garden Stage Ltd saw -28.68% 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:
- -1.38 for the present operating margin
- 0.95 for the gross margin
The net margin for Garden Stage Ltd stands at 31.38. The total capital return value is set at -0.06. Equity return is now at value -159.22, with -59.86 for asset returns.
Based on Garden Stage Ltd (GSIW), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -25.07.
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 11.6. The receivables turnover for the company is 0.49for trailing twelve months and the total asset turnover is 0.03.
Conclusion
In conclusion, Garden Stage Ltd (GSIW) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
