Greenland Technologies Holding Corp (NASDAQ: GTEC): Do Not Miss The Gain Train

Greenland Technologies Holding Corp (GTEC) concluded trading on Wednesday at a closing price of $1.31, with 5.42 million shares of worth about $7.1 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -40.72% during that period and on March 26, 2025 the price saw a gain of about 1.55%. Currently the company’s common shares owned by public are about 13.59M shares, out of which, 7.18M shares are available for trading.

Stock saw a price change of 0.77% in past 5 days and over the past one month there was a price change of -20.12%. Year-to-date (YTD), GTEC shares are showing a performance of -32.47% which decreased to -39.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.17 but also hit the highest price of $2.94 during that period. The average intraday trading volume for Greenland Technologies Holding Corp shares is 197.56K. The stock is currently trading -3.43% below its 20-day simple moving average (SMA20), while that difference is down -29.86% for SMA50 and it goes to -33.65% lower than SMA200.

Greenland Technologies Holding Corp (NASDAQ: GTEC) currently have 13.59M outstanding shares and institutions hold larger chunk of about 12.37% of that.

The stock has a current market capitalization of $17.81M and its 3Y-monthly beta is at 1.74. It has posted earnings per share of -$0.91 in the same period. It has Quick Ratio of 1.30 while making debt-to-equity ratio of 0.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GTEC, volatility over the week remained 5.15% while standing at 8.22% over the month.

Stock’s fiscal year EPS is expected to rise by 146.67% while it is estimated to decrease by -26.79% in next year.

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 Aegis Capital on May 13, 2021 offering a Buy rating for the stock and assigned a target price of $14 to it.

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