GDS Holdings Limited ADR (NASDAQ:GDS) has a beta value of 0.34 and has seen 1.15 million shares traded in the recent trading session. The company, currently valued at $1.56B, closed the recent trade at $8.51 per share which meant it gained $0.75 on the day or 9.66% during that session. The GDS stock price is -84.61% off its 52-week high price of $15.71 and 41.13% above the 52-week low of $5.01. The 3-month trading volume is 1.78 million shares.
GDS Holdings Limited ADR (NASDAQ:GDS) trade information
Sporting 9.66% in the green today, the stock has traded in the green over the last five days, when the GDS stock price touched $8.51. Year-to-date, GDS Holdings Limited ADR shares have moved -6.69%, while the 5-day performance has seen it change 29.14%. Over the past 30 days, the shares of GDS Holdings Limited ADR (NASDAQ:GDS) have changed 27.97%.
GDS Holdings Limited ADR (GDS) estimates and forecasts
Figures show that GDS Holdings Limited ADR shares have underperformed across the wider relevant industry. The company’s shares have lost -12.54% over the past 6 months, with this year growth rate of 15.23%, compared to 18.70% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 24.30% and -52.90% for the next quarter. Revenue growth from the last financial year stood is estimated to be 15.40%.
4 analysts offering their estimates for the company have set an average revenue estimate of $374.22 million for the current quarter. 4 have an estimated revenue figure of $389.66 million for the next quarter concluding in Jun 2024. Year-ago sales stood $344.61 million and $337.33 million respectively for this quarter and the next, and analysts expect sales will grow by 8.60% for the current quarter and 15.50% for the next.
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 -44.77% over the past 5 years. Earnings growth for 2024 is a modest -197.49% while over the next 5 years, the company’s earnings are expected to increase by 0.51%.
GDS Dividends
GDS Holdings Limited ADR is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
