Chindata Group Holdings Limited (NASDAQ:CD) saw a downside of -0.11% to close Tuesday at $9.15 after subtracting -$0.01 on the day. The 5-day average trading volume is 1,069,900 shares of the company’s common stock. It has gained $9.63 in the past week. An average of 1,668,185 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,536,584.
CD’s 1-month performance is -18.67% or -$2.56 on its low of $7.75 reached on 09/29/21. The company’s shares have touched a 52-week low of $7.75 and high of $27.47, with the stock’s rally to the 52-week high happening on 02/26/21. YTD, CD has lost -61.81% or -$14.81. However, the current price is down -66.69%% from the 52-week high price.
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Chindata Group Holdings Limited (CD) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 36.86 for the sector.CD stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 9.10 while the price-to-book (PB) in the most recent quarter is 2.15.
Chindata Group Holdings Limited’s quick ratio for the period ended June 29 was 4.20, with the current ratio over the same period at 4.20 meaning that CD stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.48, while the total debt to equity was 0.53. In terms of profitability, the gross margin trailing 12 months is 40.50%. The trailing 12-month EBITDA margin is 24.04% while for the period ending June 29; Chindata Group Holdings Limited’s operating margin was 9.30%. The firm’s gross profit as reported stood at $112.3 million against revenue of $280.62 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected CD to announce $0.02 per share in earnings in its latest quarter, but it posted $0.03, representing a 50.00% surprise. EBITDA for the quarter stood at more than $46.61 million. CD stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 1.16 billion, with total debt at $5.47 billion
Let’s look briefly at Chindata Group Holdings Limited (CD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 48.27% to suggest the stock is trending Neutral, with historical volatility in this time period at 50.01%.
The stock’s 5-day moving average is $9.14, reflecting a +4.69% or $0.41 change from its current price. CD is currently trading -11.59% above its 20-day SMA, -39.28% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -26.51% and -52.07% respectively.
Stochastic %K and %D was 67.43% and 63.77% and the average true range (ATR) pointed at 0.54. The RSI (14) points at 43.89%, while the 14-day stochastic is at 64.22% with the period’s ATR at 0.59. The stock’s 9-day MACD Oscillator is pointing at 0.36 and 0.48 on the 14-day charts.
In the most recent analyst report for Chindata Group Holdings Limited (NASDAQ: CD), JP Morgan launched coverage with an Overweight rating. Analysts offering their rating for CD stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate CD as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 8 have offered a “buy” rating.
What is CD’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $100.83 and a high of $157.08, with their median price target at $122.53. Looking at these predictions, the average price target given by analysts is for Chindata Group Holdings Limited (CD) stock is $127.93.