In recent trading session, GDS Holdings Limited ADR (NASDAQ:GDS) saw 0.83 million shares changing hands at last check today with its beta currently measuring 0.42. Company’s recent per share price level of $8.64 trading at $0.27 or 3.23% at last check today assigns it a market valuation of $1.58B. That most recent trading price of GDS’s stock is at a discount of -140.51% from its 52-week high price of $20.78 and is indicating a premium of 42.01% from its 52-week low price of $5.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.17 million shares which gives us an average trading volume of 1.61 million if we extend that period to 3-months.
GDS Holdings Limited ADR (NASDAQ:GDS) trade information
Upright in the green today for gaining 3.23%, in the last five days GDS remained trading in the green while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $8.64 price level, adding 0.58% to its value on the day. GDS Holdings Limited ADR’s shares saw a change of -5.26% in year-to-date performance and have moved 14.13% in past 5-day. GDS Holdings Limited ADR (NASDAQ:GDS) showed a performance of 20.84% in past 30-days. Number of shares sold short was 9.87 million shares which calculate 7.16 days to cover the short interests.
GDS Holdings Limited ADR (GDS) estimates and forecasts
Statistics highlight that GDS Holdings Limited ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -15.04% of value to its shares in past 6 months, showing an annual growth rate of -3.33% while that of industry is 18.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -126.70% in the current quarter and calculating 24.30% increase in the next quarter. This year revenue growth is estimated to rise 3.50% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $359.15 million for the same. And 4 analysts are in estimates of company making revenue of $364.34 million in the next quarter that will end on Mar 2024. Company posted $343 million and $344.61 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 4.70% while estimating it to be 5.70% for the next quarter.
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 -19.95% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -9.76% while estimates for its earnings growth in next 5 years are of 0.51%.
GDS Dividends
GDS Holdings Limited ADR is more likely to be releasing its next quarterly report between May 23 and May 27 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
GDS Holdings Limited ADR (NASDAQ:GDS)’s Major holders
Insiders are in possession of 0.69% of company’s total shares while institution are holding 39.94 percent of that, with stock having share float percentage of 40.22%. Investors also watch the number of corporate investors in a company very closely, which is 39.94% institutions for GDS Holdings Limited ADR that are currently holding shares of the company. Singapore Technologies Telemedia Pte Ltd is the top institutional holder at GDS for having 15.84 million shares of worth $139.04 million. And as of Dec 30, 2023, it was holding 8.62% of the company’s outstanding shares.
The second largest institutional holder is Canada Pension Plan Investment Board, which was holding about 9.68 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 5.27% of outstanding shares, having a total worth of $84.98 million.
On the other hand, MFS Series Trust X-MFS Emerging Markets Equity Fund and Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF are the top two Mutual Funds which own company’s shares. As of Nov 29, 2023, the former fund manager was holding 1.49 million shares of worth $13.07 million or 0.81% of the total outstanding shares. The later fund manager was in possession of 0.25 million shares on Oct 30, 2023, making its stake of worth around $2.21 million in the company or a holder of 0.14% of company’s stock.
