GDS Holdings Limited ADR (NASDAQ: GDS) – Time For Strategy Change?

GDS Holdings Limited ADR (NASDAQ:GDS) currently has a daily average trading volume of 1.39M but it saw 2082540 shares traded in last market. With a market cap of 3.10B USD, the company’s current market price of $16.40 came falling about -1.26 while comparing to the previous closing price of $16.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.36 and as low as $5.01. In the recent trading on the day, stock has struck highest price mark of $15.88 while lowest mark touched by it was $16.505.

Taking a look at 20-day trading activity of GDS Holdings Limited ADR (GDS) gives us an average price of $12.96, while its current price level is -5.53% below from 52-week high level whereas it is 227.35% 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 $11.57 while that of 200 days or SMA-200 reads an average of $8.81. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.21% during that period while stretching the period over a month that decreases to 6.34%. 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 74.23 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the RBC Capital Mkts which upgraded the stock as “Outperform” in its note to investors issued on July 08, 2024, recommending a price target of between $13 and $14 for it. HSBC Securities issued its recommendations for the stock as it resumed the price target for the stock in the range of between $28.80 and $13.60.

Over the week, GDS’s stock price is moving 11.11% up while it is 54.86% when we observe its performance for the past one month. Year-to-date it is 79.82% up and over the past year, the stock is showing an upside performance of 43.36%.

Currently, GDS Holdings Limited ADR’s total number of outstanding shares is 185.11M. Company’s return on investment (ROI) stands at -6.63% and return on equity (ROE) at -19.58%. Stock’s beta reads 0.22. Stock has a price to book (P/B) ratio of 1.26 while price to sale or P/S ratio amounts to 2.13. Its return on asset (ROA) is -5.35% on average.