The stock of Golden Sun Health Technology Group Ltd (NASDAQ: GSUN) has increased by 22.64 when compared to last closing price of 2.65. Despite this, the company has experienced a 21.27% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-14 that SHANGHAI, Oct. 14, 2024 (GLOBE NEWSWIRE) — Golden Sun Health Technology Group Limited, formerly known as Golden Sun Education Group Limited (the “Company” or “Golden Sun”) (Nasdaq: GSUN), a provider of tutorial services in China, today announced the results of its annual general meeting of shareholders (the “AGM”) held in Shanghai on October 8, 2024.
Is It Worth Investing in Golden Sun Health Technology Group Ltd (NASDAQ: GSUN) Right Now?
The 36-month beta value for GSUN is also noteworthy at 2.37.
The public float for GSUN is 1.26M, and at present, short sellers hold a 3.04% of that float. The average trading volume of GSUN on February 24, 2025 was 20.86K shares.
GSUN’s Market Performance
GSUN stock saw an increase of 21.27% in the past week, with a monthly gain of 14.84% and a quarterly increase of 16.49%. The volatility ratio for the week is 6.92%, and the volatility levels for the last 30 days are 6.05% for Golden Sun Health Technology Group Ltd (GSUN). The simple moving average for the past 20 days is 13.45% for GSUN’s stock, with a -34.72% simple moving average for the past 200 days.
GSUN Trading at 14.43% from the 50-Day Moving Average
After a stumble in the market that brought GSUN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.27% of loss for the given period.
Volatility was left at 6.05%, however, over the last 30 days, the volatility rate increased by 6.92%, as shares surge +19.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.88% upper at present.
During the last 5 trading sessions, GSUN rose by +32.84%, which changed the moving average for the period of 200-days by +21.50% in comparison to the 20-day moving average, which settled at $2.88. In addition, Golden Sun Health Technology Group Ltd saw 22.08% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GSUN starting from Well Joy International Investm, who proposed sale 15,779 shares at the price of $2.73 back on Dec 31 ’24. After this action, Well Joy International Investm now owns shares of Golden Sun Health Technology Group Ltd, valued at $43,076 using the latest closing price.
Stock Fundamentals for GSUN
Current profitability levels for the company are sitting at:
- -0.52 for the present operating margin
- 0.34 for the gross margin
The net margin for Golden Sun Health Technology Group Ltd stands at -0.61. The total capital return value is set at -0.93. Equity return is now at value -144.05, with -20.29 for asset returns.
Based on Golden Sun Health Technology Group Ltd (GSUN), the company’s capital structure generated 0.86 points at debt to capital in total, while cash flow to debt ratio is standing at -1.62. The debt to equity ratio resting at 6.28. The interest coverage ratio of the stock is -10.88.
Currently, EBITDA for the company is -3.23 million with net debt to EBITDA at -1.24. When we switch over and look at the enterprise to sales, we see a ratio of 1.61. The receivables turnover for the company is 10.31for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.
Conclusion
In summary, Golden Sun Health Technology Group Ltd (GSUN) has had a better 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.
