Following A -28.80% Weekly Decline, Is It Still A Buy For Greenland Technologies Holding Corp (NASDAQ: GTEC)?

Greenland Technologies Holding Corp (NASDAQ:GTEC)’s traded shares stood at 0.52 million during the last session, with the company’s beta value hitting 1.48. At the close of trading, the stock’s price was $1.31, to imply a decrease of -20.12% or -$0.33 in intraday trading. The GTEC share’s 52-week high remains $3.42, putting it -161.07% down since that peak but still an impressive -3.82% since price per share fell to its 52-week low of $1.36.

Greenland Technologies Holding Corp (NASDAQ:GTEC) trade information

After registering a -20.12% downside 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 -28.80%, and -44.96% over 30 days. With these gigs, the year-to-date price performance is -32.47%.

Greenland Technologies Holding Corp (GTEC) estimates and forecasts

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 April. 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.

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 Dec 31, 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 $17950.0. 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 6549.0.