Ideas And Forecasts On Golden Heaven Group Holdings Ltd (NASDAQ: GDHG)

Golden Heaven Group Holdings Ltd (NASDAQ:GDHG) currently has a daily average trading volume of 1.90M but it saw 947509 shares traded in last market. With a market cap of 10.17M USD, the company’s current market price of $0.30 came rising about 2.85 while comparing to the previous closing price of $0.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.00 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.3005 while lowest mark touched by it was $0.3217.

Taking a look at 20-day trading activity of Golden Heaven Group Holdings Ltd (GDHG) gives us an average price of $1.1861, while its current price level is -98.41% below from 52-week high level whereas it is 19.11% 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 $1.1958 while that of 200 days or SMA-200 reads an average of $3.1401. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.62% during that period while stretching the period over a month that increases to 85.02%. 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 37.73 which implies that the stock is in neutral territory.

Over the week, GDHG’s stock price is moving -5.34% down while it is -84.55% when we observe its performance for the past one month. Year-to-date it is -86.89% down and over the past year, the stock is showing a downside performance of -97.42%.

Currently, Golden Heaven Group Holdings Ltd’s total number of outstanding shares is 3.92M with 197.58% of that held by the insiders while 0.17% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1.94% and return on equity (ROE) at -2.48%. It has a price to earnings ratio (P/E ratio) of 0.22. Stock’s beta reads -9.12. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.46. Its return on asset (ROA) is -1.99% on average.