Greenland Technologies Holding Corp (NASDAQ:GTEC)’s traded shares stood at 0.38 million during the last session, with the company’s beta value hitting 1.46. At the close of trading, the stock’s price was $2.27, to imply an increase of 3.65% or $0.08 in intraday trading. The GTEC share’s 52-week high remains $3.84, putting it -69.16% down since that peak but still an impressive 40.09% since price per share fell to its 52-week low of $1.36. The company has a valuation of $30.86M, with an average of 0.34 million shares in intraday trading volume over the past 10 days and average of 139.66K shares over the past 3 months.
Greenland Technologies Holding Corp (NASDAQ:GTEC) trade information
After registering a 3.65% upside in the last session, Greenland Technologies Holding Corp (GTEC) has traded red over the past five days. The 5-day price performance for the stock is 20.74%, and 10.73% over 30 days. With these gigs, the year-to-date price performance is 17.01%. Short interest in Greenland Technologies Holding Corp (NASDAQ:GTEC) saw shorts transact 0.16 million shares and set a 1.45 days time to cover.
Greenland Technologies Holding Corp (GTEC) estimates and forecasts
Looking at statistics comparing Greenland Technologies Holding Corp share performance against respective industry, we note that the company has outperformed competitors. Greenland Technologies Holding Corp (GTEC) shares are 26.58% up over the last 6 months, with its year-to-date growth rate higher than industry average at 147.50% against 8.00%. The rating firms project that company’s revenue will shrink -7.48% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 19M.
GTEC Dividends
Greenland Technologies Holding Corp has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Greenland Technologies Holding Corp (NASDAQ:GTEC)’s Major holders
Greenland Technologies Holding Corp insiders hold 47.17% of total outstanding shares, with institutional holders owning 11.32% of the shares at 21.43% float percentage. In total, 11.32% institutions holds shares in the company, led by LPL FINANCIAL LLC. As of 2024-06-30, the company held over 0.38 million shares (or 2.7827% of shares), all amounting to roughly $0.53 million.
The next major institution holding the largest number of shares is WELLS FARGO & COMPANY/MN with 0.25 million shares, or about 1.8749% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.36 million.
We also have Fidelity NASDAQ Composite Index Fund and Bridgeway Fds Inc-Omni Small Cap Value Fund as the top two Mutual Funds with the largest holdings of the Greenland Technologies Holding Corp (GTEC) shares. Going by data provided on Nov 30, 2024 , Fidelity NASDAQ Composite Index Fund holds roughly 13.7 shares. This is just over 0.10% of the total shares, with a market valuation of $31105.0. Data from the same date shows that the other fund manager holds a little less at 5.0, or 0.04% of the shares, all valued at about 11349.0.
