Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) Gains 3.58% And Its 19.85% Stock Volatility Is Bewildering

Golden Heaven Group Holdings Ltd (NASDAQ:GDHG) does about 7.00M shares in volume on a normal day but saw 3144567 shares change hands in Monday trading. The company now has a market cap of 8.09M USD. Its current market price is $0.19, marking an increase of 3.58% compared to the previous close of $0.19. The 52 week high reached by this stock is $24.99 whilst the lowest price level in 52 weeks is $0.15.

Golden Heaven Group Holdings Ltd (GDHG) has a 20-day trading average at $0.1765 and the current price is -99.22% off the 52-week high compared with 31.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2302 and its 200-day simple moving average is $4.3838. If we look at the stock’s price movements over the week, volatility stands at 19.85%, which decreases to 14.33% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 49.56 to suggest the stock is neutral.

Golden Heaven Group Holdings Ltd (GDHG) stock is up 28.28% over the week and -2.17% over the past month. Its price is -73.45% year-to-date and -95.55% over the past year.

Outstanding shares total 51.75M with insiders holding 57.79% of the shares and institutional holders owning 0.37% of the company’s common stock. The company has a return on investment of 9.80% and return on equity of 11.84%. The price to earnings ratio (P/E ratio) amounts to 1.47. The beta has a value of -5.04. Price to book ratio is 0.16 and price to sales ratio is 0.25.