Globavend Holdings Ltd (NASDAQ:GVH) does about 62.93K shares in volume on a normal day but saw 10653542 shares change hands in the recent trading day. The company now has a market cap of 9.56M USD. Its current market price is $0.64, marking an increase of 26.71% compared to the previous close of $0.51. The 52 week high reached by this stock is $2.57 whilst the lowest price level in 52 weeks is $0.47.
Globavend Holdings Ltd (GVH) has a 20-day trading average at $0.5133 and the current price is -75.10% off the 52-week high compared with 35.97% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5964 and its 200-day simple moving average is $0.6812. If we look at the stock’s price movements over the week, volatility stands at 21.49%, which decreases to 10.87% 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 65.58 to suggest the stock is neutral.
The current price level is 24.74%, 7.32%, and -6.04% away from its SMA20, SMA50, and SMA200 respectively, with the GVH price moving below the 50-day SMA on current market day. Globavend Holdings Ltd (GVH) stock is up 29.65% over the week and 15.65% over the past month. Its price is -4.46% year-to-date and -47.29% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 14.93M with insiders holding 76.65% of the shares and institutional holders owning 0.22% of the company’s common stock. The company has a return on investment of 24.48% and return on equity of 44.81%. The price to earnings ratio (P/E ratio) amounts to 10.54. The beta has a value of 1.96. Price to book ratio is 2.66 and price to sales ratio is 0.88.
