Greenland Technologies Holding Corp (NASDAQ:GTEC) has a beta value of 1.53 and has seen 0.39 million shares traded in the recent trading session. The company, currently valued at $27.45M, closed the recent trade at $2.02 per share which meant it gained $0.27 on the day or 15.40% during that session. The GTEC stock price is -45.54% off its 52-week high price of $2.94 and 42.08% above the 52-week low of $1.17. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.02 million shares traded. The 3-month trading volume is 1.72 million shares.
Greenland Technologies Holding Corp (NASDAQ:GTEC) trade information
Sporting 15.40% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GTEC stock price touched $2.02 or saw a rise of 21.71%. Year-to-date, Greenland Technologies Holding Corp shares have moved 4.10%, while the 5-day performance has seen it change 56.55%. Over the past 30 days, the shares of Greenland Technologies Holding Corp (NASDAQ:GTEC) have changed 44.25%. Short interest in the company has seen 10411.0 shares shorted with days to cover at 0.08.
Greenland Technologies Holding Corp (GTEC) estimates and forecasts
The company’s shares have lost -10.24% over the past 6 months. 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 12.95% over the past 5 years.
GTEC Dividends
Greenland Technologies Holding Corp is expected to release its next earnings report on 2025-Mar-25 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 Concord Street Trust-Fidelity Nasdaq Composite Index Fund and Bridgeway Funds, Inc.-Omni Small-Cap Value Fund. As of Jan 31, 2025, the former fund manager holds about 0.10% shares in the company for having 13.7 shares of worth $26224.0 while later fund manager owns 5.0 shares of worth $9569.0 as of Dec 31, 2024, which makes it owner of about 0.04% of company’s outstanding stock.
