In last trading session, China HGS Real Estate Inc. (NASDAQ:HGSH) saw 10,561,223 shares changing hands with its beta currently measuring 1.54. Company’s recent per share price level of $1.54 trading at $0.51 or 50.07% at ring of the bell on the day assigns it a market valuation of $34.69 Million. That closing price of HGSH’s stock is at a discount of -185.71% from its 52-week high price of $4.4 and is indicating a premium of 68.83% from its 52-week low price of $0.48. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 15.79 Million shares which gives us an average trading volume of 106.97 Million if we extend that period to 3-months.
China HGS Real Estate Inc. (NASDAQ:HGSH) trade information
Upright in the green today for gaining 50.07%, in the last five days HGSH remained trading in the green while hitting it’s week-highest on Thursday, Oct 15 when the stock touched $1.96 price level, adding 21.43% to its value on the day. China HGS Real Estate Inc.’s shares saw a change of 6.94% in year-to-date performance and have moved 45.28% in past 5-day. China HGS Real Estate Inc. (NASDAQ:HGSH) showed a performance of 56.12% in past 30-days. Number of shares sold short was 81.91 Million shares which calculate 0.77 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $2.98 to the stock, which implies a rise of 93.51% to its current value. Analysts have been projecting $2.98 as a low price target for the stock while placing it at a high target of $2.98. It follows that stock’s current price would jump +93.51% in reaching the projected high whereas dropping to the targeted low would mean a loss of 93.51% for stock’s current value.
China HGS Real Estate Inc. (HGSH) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -35.2% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -50.9% while estimates for its earnings growth in next 5 years are of 0%