During the last session, GDS Holdings Limited ADR (NASDAQ:GDS)’s traded shares were 1.76 million, with the beta value of the company hitting 0.35. At the end of the trading day, the stock’s price was $7.26, reflecting an intraday gain of 7.24% or $0.49. The 52-week high for the GDS share is $16.20, that puts it down -123.14 from that peak though still a striking 30.99% gain since the share price plummeted to a 52-week low of $5.01. The company’s market capitalization is $1.33B, and the average trade volume was 1.77 million shares over the past three months.
GDS Holdings Limited ADR (NASDAQ:GDS) trade information
GDS Holdings Limited ADR (GDS) registered a 7.24% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.24% in intraday trading to $7.26, hitting a weekly high. The stock’s 5-day price performance is 16.16%, and it has moved by -13.26% in 30 days. Based on these gigs, the overall price performance for the year is -53.76%.
GDS Holdings Limited ADR (GDS) estimates and forecasts
Statistics show that GDS Holdings Limited ADR has underperformed its competitors in share price, compared to the industry in which it operates. GDS Holdings Limited ADR (GDS) shares have gone down -27.54% during the last six months, with a year-to-date growth rate less than the industry average at 15.23% against 18.50. In the rating firms’ projections, revenue will increase 15.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 367.15M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 382.29M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 344.61M and 337.33M respectively. In this case, analysts expect current quarter sales to grow by 6.50% and then jump by 13.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -44.77%. While earnings are projected to return -203.71% in 2024, the next five years will return 0.51% per annum.
GDS Dividends
GDS Holdings Limited ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
