Is Globavend Holdings Ltd (NASDAQ: GVH) Potentially Life-Changing Stock?

In the last trading session, 585.72 million Globavend Holdings Ltd (NASDAQ:GVH) shares changed hands as the company’s beta touched 4.57. With the company’s per share price at $0.13 changed hands at -$0.05 or -25.49% during last session, the market valuation stood at $1.99M. GVH’s last price was a discount, traded about -1300.0% off its 52-week high of $1.82. The share price had its 52-week low at $0.16, which suggests the last value was -23.08% down since then. When we look at Globavend Holdings Ltd’s average trading volume, we note the 10-day average is 68.23 million shares, with the 3-month average coming to 1.70 million.

Globavend Holdings Ltd (NASDAQ:GVH) trade information

Instantly GVH was in red as seen at the end of in last trading. With action -90.83%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -84.71%, with the 5-day performance at -90.83% in the red. However, in the 30-day time frame, Globavend Holdings Ltd (NASDAQ:GVH) is -91.13% down. Looking at the short shares, we see there were 0.21 million shares sold at short interest cover period of 3.73 days.

GVH Dividends

Globavend Holdings Ltd is expected to release its next quarterly earnings report in July.

Globavend Holdings Ltd (NASDAQ:GVH)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 76.65% of Globavend Holdings Ltd shares while 1.53% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 6.55%.

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