Greenland Technologies Holding Corp (NASDAQ:GTEC) has a beta value of 1.40 and has seen 0.25 million shares traded in the last trading session. The company, currently valued at $26.50M, closed the last trade at $1.95 per share which meant it lost -$0.21 on the day or -9.72% during that session. The GTEC stock price is -89.23% off its 52-week high price of $3.69 and 30.26% above the 52-week low of $1.36. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.14 million shares traded. The 3-month trading volume is 187.63K shares.
Greenland Technologies Holding Corp (NASDAQ:GTEC) trade information
Sporting -9.72% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GTEC stock price touched $1.95 or saw a rise of 23.35%. Year-to-date, Greenland Technologies Holding Corp shares have moved 0.52%, while the 5-day performance has seen it change -19.09%. Over the past 30 days, the shares of Greenland Technologies Holding Corp (NASDAQ:GTEC) have changed 4.28%. Short interest in the company has seen 89512.0 shares shorted with days to cover at 0.25.
Greenland Technologies Holding Corp (GTEC) estimates and forecasts
The company’s shares have gained 31.76% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -7.48%.
1 analysts offering their estimates for the company have set an average revenue estimate of 19M for the current quarter.
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 -148.76% over the past 5 years.
GTEC Dividends
Greenland Technologies Holding Corp is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Greenland Technologies Holding Corp (NASDAQ:GTEC)’s Major holders
Insiders own 47.17% of the company shares, while shares held by institutions stand at 12.41% with a share float percentage of 23.48%. Investors are also buoyed by the number of investors in a company, with Greenland Technologies Holding Corp having a total of 23.0 institutions that hold shares in the company. The top two institutional holders are LPL FINANCIAL LLC with over 0.38 million shares worth more than $0.53 million. As of 2024-06-30, LPL FINANCIAL LLC held 2.7827% of shares outstanding.
The other major institutional holder is WELLS FARGO & COMPANY/MN, with the holding of over 0.25 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.36 million and represent 1.8749% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity NASDAQ Composite Index Fund and Bridgeway Fds Inc-Omni Small Cap Value Fund. As of Nov 30, 2024, the former fund manager holds about 0.10% shares in the company for having 13.7 shares of worth $26720.0 while later fund manager owns 5.0 shares of worth $9750.0 as of Sep 30, 2024, which makes it owner of about 0.04% of company’s outstanding stock.
