Are Analysts Expecting A Better 2020 For GDS Holdings Limited ADR (GDS)?

GDS Holdings Limited ADR (GDS) concluded trading on Thursday at a closing price of $19.99, with 3.41 million shares of worth about $68.26 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 215.80% during that period and on September 26, 2024 the price saw a loss of about -0.89%. Currently the company’s common shares owned by public are about 185.11M shares, out of which, 176.10M shares are available for trading.

Stock saw a price change of 4.22% in past 5 days and over the past one month there was a price change of 20.35%. Year-to-date (YTD), GDS shares are showing a performance of 119.19% which increased to 93.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.01 but also hit the highest price of $22.77 during that period. The average intraday trading volume for GDS Holdings Limited ADR shares is 1.62 million. The stock is currently trading 12.73% above its 20-day simple moving average (SMA20), while that difference is up 38.94% for SMA50 and it goes to 110.85% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

GDS Holdings Limited ADR (NASDAQ: GDS) currently have 185.11M outstanding shares and institutions hold larger chunk of about 31.59% of that.

The stock has a current market capitalization of $3.78B and its 3Y-monthly beta is at 0.23. It has posted earnings per share of -$3.17 in the same period. It has Quick Ratio of 1.39 while making debt-to-equity ratio of 2.58. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GDS, volatility over the week remained 8.42% while standing at 5.83% over the month.

Stock’s fiscal year EPS is expected to drop by -139.41% while it is estimated to increase by 35.68% in next year. EPS is likely to grow at an annualized rate of 0.51% for next 5-years, compared to annual growth of -44.77% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on July 08, 2024 offering an Outperform rating for the stock and assigned a target price range of between $13 and $14 to it. Coverage by BofA Securities stated GDS Holdings Limited ADR (GDS) stock as a Buy in their note to investors on July 07, 2023, suggesting a price target of $15.50 for the stock. On June 12, 2023, HSBC Securities Resumed their recommendations, while on March 17, 2023, Deutsche Bank Upgrade their ratings for the stock with a price target of $20. Stock get a Sector perform rating from RBC Capital Mkts on August 26, 2022.

Most Popular

Related Posts