At the last check on Thursday, GDS Holdings Limited’s (NASDAQ:GDS) stock was up $0.12, moving up 1.05 percent to $11.99. The average number of shares traded per day over the past five days has been 728,979 shares. 4 times new highs have been achieved over the past 5 days, with a $0.73 gain in that time frame. In the last twenty days, the average volume was 833,610, while in the previous 50 days, it was 858,892.
Since last month, GDS stock retreated -0.04%. Shares of the company fell to $10.07 on 08/21/23, the lowest level in the past month. A 52-week high of $28.11 was reached on 01/04/23 after having rallying from a 52-week low of $8.41. Since the beginning of this year, GDS’s stock price has dropped by -41.83% or -$8.66, and marked a new high 2 times. However, the stock has declined by -57.33% since its 52-week high.
Valuation Metrics
The stock’s beta is 0.72. Besides these, the trailing price-to-sales (P/S) ratio of 1.73, the price-to-book (PB) ratio of 0.72.
Financial Health
In the three months ended June 29, GDS Holdings Limited’s quick ratio stood at 1.30, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.84, and the total debt-to-equity ratio was 2.08. On the profitability front, the trailing twelve-month gross margin is 21.00% percent. In the year ended June 29, EBITDA margin amounted to 46.89%, whereas operating margins totaled 9.20%. Based on annual data, GDS earned $287.67 million in gross profit and brought in $1.39 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.70%. Return on equity (ROE) for the past 12 months was -5.60%.
In GDS Holdings Limited’s quarter-end financial report for June 29, it reported total debt of $3.49 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. GDS’s revenue rose 16.16% during the quarter, while net income inched up to $1.38 billion. While analysts expected GDS Holdings Limited to report -$0.26 quarterly earnings, the actual figure was -$0.18 per share, beating the consensus estimate by 30.80%. During the quarter, the company generated $153.62 million in EBITDA. The liabilities of GDS Holdings Limited were 7.55 billion at the end of its most recent quarter ended June 29, and its total debt was $47.74 billion.
Technical Picture
This quick technical analysis looks at GDS Holdings Limited’s (GDS) price momentum. With a historical volatility rate of 34.79%, the RSI 9-day stood at 61.42% on 30 August.
With respect to its five-day moving average, the current GDS Holdings Limited price is up by +6.50% percent or $0.73. At present, GDS shares trade -5.23% below its 20-day simple moving average and -30.75% percent below its 100-day simple moving average. However, the stock is currently trading approximately +0.17% above its SMA50 and -10.34% below its SMA200.
Stochastic coefficient K was 89.85% and Stochastic coefficient D was 76.07%, while ATR was 0.58. Given the Stochastic reading of 96.92% for the 14-day period, the RSI (14) reading has been calculated as 55.45%. As of today, the MACD Oscillator reading stands at 0.63, while the 14-day reading stands at 0.76.
Analyst Ratings
GDS Holdings Limited (GDS) has been rated Buy by analysts. According to 0 brokerage firms, GDS is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate GDS Holdings Limited stock as buy, with 15 recommending it as overweight.
With a median target price of $115.59, the current consensus forecast for the stock is $87.52 – $221.25. Based on these forecasts, analysts predict GDS Holdings Limited (GDS) will achieve an average price target of $135.16.
