Garden Stage Ltd (NASDAQ: GSIW)’s stock price has plunge by 11.37relation to previous closing price of 0.51. Nevertheless, the company has seen a 19.77% surge 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.
Is It Worth Investing in Garden Stage Ltd (NASDAQ: GSIW) Right Now?
The 36-month beta value for GSIW is at -3.15.
The public float for GSIW is 5.99M, and currently, shorts hold a 1.95% of that float. The average trading volume for GSIW on February 25, 2025 was 4.07M shares.
GSIW’s Market Performance
The stock of Garden Stage Ltd (GSIW) has seen a 19.77% increase in the past week, with a -14.67% drop in the past month, and a -21.28% fall in the past quarter. The volatility ratio for the week is 18.55%, and the volatility levels for the past 30 days are at 22.42% for GSIW. The simple moving average for the last 20 days is 8.55% for GSIW stock, with a simple moving average of -85.24% for the last 200 days.
GSIW Trading at -1.96% 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 -95.93% of loss for the given period.
Volatility was left at 22.42%, however, over the last 30 days, the volatility rate increased by 18.55%, as shares sank -16.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.39% lower at present.
During the last 5 trading sessions, GSIW rose by +19.77%, which changed the moving average for the period of 200-days by -91.94% in comparison to the 20-day moving average, which settled at $0.5207. In addition, Garden Stage Ltd saw -15.14% 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 15.2. 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 had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
