In the last trading session, 1,135,324 shares of the TD Holdings, Inc. (NASDAQ:GLG) were traded, and its beta was 0.21. Most recently the company’s share price was $1.82, and it changed around -$0.13 or -0.07% from the last close, which brings the market valuation of the company to $174.78 Million. GLG currently trades at a discount to its 52-week high of $4.02, offering almost -120.88% off that amount. The share price’s 52-week low was $1.39, which indicates that the current value has risen by an impressive 23.63% since then. We note from TD Holdings, Inc.’s average daily trading volume that its 10-day average is 546.98 Million shares, with the 3-month average coming to 1.22 Million.
TD Holdings, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended GLG as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight.
TD Holdings, Inc. (NASDAQ:GLG): Trading Information
Although GLG has showed a red trend with a performance of -6.67% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $2.11 on Thursday, Apr 01 increased the stock’s daily price by 13.74%. The company’s shares are currently up 0.14% year-to-date, but still down -0.0619 over the last five days. On the other hand, TD Holdings, Inc. (NASDAQ:GLG) is -0.22% down in the 30-day period. We can see from the shorts that 144.04 Million shares have been sold at a short interest cover period of 118.07 day (s).
The consensus price target as assigned by Wall Street analysts is $60, which translates to bears needing to increase their stock price by 3196.7% from its current value. Analyst projections state that GLG is forecast to be at a low of $60 and a high of $60. In order for the stock price to hit the forecast high, the stock would need to surge +3196.7% from its current level, while the stock would need to crash 3196.7% from its current level to reach the projected low.
TD Holdings, Inc. (GLG) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 40.3%. TD Holdings, Inc. earnings are expected to decrease by -76.6% in 2021, but the outlook is negative 0% per year for the next five years.
TD Holdings, Inc. (NASDAQ:GLG)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 9.29% of TD Holdings, Inc. shares, and 0.31% of them are in the hands of institutional investors. The stock currently has a share float of 0.35%. TD Holdings, Inc. stock is held by 10 institutions, with Two Sigma Investments, LP being the largest institutional investor. By Dec 30, 2020, it held 0.11% of the shares, which is about 89.29 Thousand shares worth $141.97 Thousand.
Invesco Ltd., with 0.08% or 61.48 Thousand shares worth $97.75 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
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Invesco ETF Tr-Invesco Golden Dragon China ETF and Fidelity NASDAQ Composite Index Fund were the top two Mutual Funds as of Feb 27, 2021. The former held 102494 shares worth $253.16 Thousand, making up 0.13% of all outstanding shares. On the other hand, Fidelity NASDAQ Composite Index Fund held roughly 38.57 Thousand shares worth around $95.26 Thousand, which represents about 0.05% of the total shares outstanding.