In the last trading session, 1,706,841 shares of the Chindata Group Holdings Limited (NASDAQ:CD) were traded, and its beta was 0. Most recently the company’s share price was $16.3, and it changed around -$0.61 or -0.04% from the last close, which brings the market valuation of the company to $5.86 Billion. CD currently trades at a discount to its 52-week high of $27.47, offering almost -68.53% off that amount. The share price’s 52-week low was $13.12, which indicates that the current value has risen by an impressive 19.51% since then. We note from Chindata Group Holdings Limited’s average daily trading volume that its 10-day average is 1.93 Million shares, with the 3-month average coming to 979.21 Million.

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Chindata Group Holdings Limited stock received a consensus recommendation rating of Buy, based on a mean score of 1.9. If we narrow it down even further, the data shows that none out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended CD as a Hold, whereas 6 deemed it a Buy, and no one rated it as Underweight. Chindata Group Holdings Limited is expected to report earnings per share of $0.03 for the current quarter.

Chindata Group Holdings Limited (NASDAQ:CD): Trading Information

Although CD has showed a red trend with a performance of -3.61% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $17.48 on Tuesday, Apr 06 increased the stock’s daily price by 6.75%. The company’s shares are currently down -0.32% year-to-date, but still up 0.0612 over the last five days. On the other hand, Chindata Group Holdings Limited (NASDAQ:CD) is -0.13% down in the 30-day period. We can see from the shorts that 3.94 Million shares have been sold at a short interest cover period of 0 day (s).

Chindata Group Holdings Limited (CD) projections and forecasts

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Chindata Group Holdings Limited earnings are expected to decrease by -62.4% in 2021, but the outlook is negative 0% per year for the next five years.

Chindata Group Holdings Limited (NASDAQ:CD)’s Biggest Investors

Upon looking at major shareholders, it appears that insiders hold 0% of Chindata Group Holdings Limited shares, and 28% of them are in the hands of institutional investors. The stock currently has a share float of 28%. Chindata Group Holdings Limited stock is held by 68 institutions, with Goldman Sachs Group, Inc. being the largest institutional investor. By Dec 30, 2020, it held 7.41% of the shares, which is about 12.11 Million shares worth $290.11 Million.

Capital World Investors, with 4.42% or 7.22 Million shares worth $172.88 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.

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Smallcap World Fund and New World Fund, Inc. were the top two Mutual Funds as of Dec 30, 2020. The former held 3693029 shares worth $88.48 Million, making up 2.26% of all outstanding shares. On the other hand, New World Fund, Inc. held roughly 2.22 Million shares worth around $36.89 Million, which represents about 1.36% of the total shares outstanding.


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