Graphex Group Limited ADR (AMEX: GRFX) Surprises The Bears, Looks Good Going Forward

In the last trading session, 1.86 million shares of the Graphex Group Limited ADR (AMEX:GRFX) were traded, and its beta was 1.38. Most recently the company’s share price was $0.32, and it changed around -$0.12 or -26.44% from the last close, which brings the market valuation of the company to $18.78M. GRFX currently trades at a discount to its 52-week high of $1.00, offering almost -212.5% off that amount. The share price’s 52-week low was $0.14, which indicates that the current value has risen by an impressive 56.25% since then. We note from Graphex Group Limited ADR’s average daily trading volume that its 10-day average is 1.55 million shares, with the 3-month average coming to 471.81K.

Graphex Group Limited ADR stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended GRFX as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Graphex Group Limited ADR is expected to report earnings per share of 0 for the current quarter.

Graphex Group Limited ADR (AMEX:GRFX) trade information

Instantly GRFX has showed a red trend with a performance of -26.44% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.5500 on recent trading dayincreased the stock’s daily price by 41.82%. The company’s shares are currently down -63.23% year-to-date, but still up 60.00% over the last five days. On the other hand, Graphex Group Limited ADR (AMEX:GRFX) is 67.54% up in the 30-day period. We can see from the shorts that 18376.0 shares have been sold at a short interest cover period of 0.23 day(s).

The consensus price target as assigned by Wall Street analysts is $0.4, which translates to bulls needing to increase their stock price by 20.0% from its current value. Analyst projections state that GRFX is forecast to be at a low of $0.4 and a high of $0.4.

Graphex Group Limited ADR (GRFX) estimates and forecasts

The year-over-year growth rate is expected to be -41.50%, down from the previous year.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -11.86%.

GRFX Dividends

Graphex Group Limited ADR’s next quarterly earnings report is expected to be released in January.

UBS GROUP AG, with 0.0035% or 27328.0 shares worth $9756.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.