TD Holdings Inc. (NASDAQ:GLG) has a beta value of 0.58 and has seen 0.32 million shares traded in the last trading session. The company, currently valued at $88.30M, closed the last trade at $0.85 per share which meant it lost -$0.04 on the day or -4.64% during that session. The GLG stock price is -288.24% off its 52-week high price of $3.30 and 23.53% above the 52-week low of $0.65. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.18 million shares traded. The 3-month trading volume is 4.72 million shares.
TD Holdings Inc. (NASDAQ:GLG) trade information
Sporting -4.64% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the GLG stock price touched $0.85 or saw a rise of 16.67%. Year-to-date, TD Holdings Inc. shares have moved -46.79%, while the 5-day performance has seen it change 5.08%. Over the past 30 days, the shares of TD Holdings Inc. (NASDAQ:GLG) have changed 15.46%. Short interest in the company has seen 0.62 million shares shorted with days to cover at 0.06.
Wall Street analysts have a consensus price target for the stock at $60.00, which means that the shares’ value could jump 98.58% from current levels. The projected low price target is $60.00 while the price target rests at a high of $60.00. In that case, then, we find that the current price level is -6958.82% off the targeted high while a plunge would see the stock gain -6958.82% from current levels.
TD Holdings Inc. (GLG) estimates and forecasts
The company’s shares have lost -63.06% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 71.50% over the past 5 years.
TD Holdings Inc. is expected to release its next earnings report on November 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
TD Holdings Inc. (NASDAQ:GLG)’s Major holders
Insiders own 27.64% of the company shares, while shares held by institutions stand at 0.70% with a share float percentage of 0.96%. Investors are also buoyed by the number of investors in a company, with TD Holdings Inc. having a total of 11 institutions that hold shares in the company. The top two institutional holders are Renaissance Technologies, LLC with over 0.2 million shares worth more than $0.2 million. As of Jun 29, 2021, Renaissance Technologies, LLC held 0.20% of shares outstanding.
The other major institutional holder is HRT Financial LLC, with the holding of over 91597.0 shares as of Jun 29, 2021. The firm’s total holdings are worth over $92512.0 and represent 0.09% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Invesco ETF Tr-Invesco Golden Dragon China ETF and Fidelity NASDAQ Composite Index Fund. As of Jun 29, 2021, the former fund manager holds about 0.06% shares in the company for having 55325.0 shares of worth $55878.0 while later fund manager owns 38567.0 shares of worth $38952.0 as of Jun 29, 2021, which makes it owner of about 0.04% of company’s outstanding stock.