Golden Heaven Group Holdings Ltd (GDHG): Investing In A Time Of Crisis

Golden Heaven Group Holdings Ltd (NASDAQ:GDHG) currently has a daily average trading volume of 7.42M but it saw 2352242 shares traded in last market. With a market cap of 5.09M USD, the company’s current market price of $0.12 came falling about -1.21 while comparing to the previous closing price of $0.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.99 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.1162 while lowest mark touched by it was $0.1248.

Taking a look at 20-day trading activity of Golden Heaven Group Holdings Ltd (GDHG) gives us an average price of $0.1635, while its current price level is -99.51% below from 52-week high level whereas it is 20.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1787 while that of 200 days or SMA-200 reads an average of $3.3822. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.54% during that period while stretching the period over a month that decreases to 13.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.20 which implies that the stock is in neutral territory.

Over the week, GDHG’s stock price is moving -17.34% down while it is -32.97% when we observe its performance for the past one month. Year-to-date it is -83.28% down and over the past year, the stock is showing a downside performance of -96.25%.

Currently, Golden Heaven Group Holdings Ltd’s total number of outstanding shares is 51.75M. Company’s return on investment (ROI) stands at 2.28% and return on equity (ROE) at 2.73%. It has a price to earnings ratio (P/E ratio) of 3.75. Stock’s beta reads -3.29. Stock has a price to book (P/B) ratio of 0.10 while price to sale or P/S ratio amounts to 0.20. Its return on asset (ROA) is 2.05% on average.