Is Globavend Holdings Ltd (GVH) a good stock to buy now?

Globavend Holdings Ltd (NASDAQ: GVH) is -4.46% lower on its value in year-to-date trading and has touched a low of $0.47 and a high of $2.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GVH stock was last observed hovering at around $0.51 in the last trading session, with the day’s gains setting it 0.13%.

Currently trading at $0.64, the stock is 24.74% and 7.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.7 million and changing 26.71% at the moment leaves the stock -6.04% off its SMA200. GVH registered -47.29% loss for a year compared to 6-month loss of -18.73%.

The stock witnessed a 15.65% gain in the last 1 month and extending the period to 3 months gives it a 5.34%, and is 29.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 21.49% over the week and 10.87% over the month.

Globavend Holdings Ltd (GVH) has around 7 employees, a market worth around $9.56M and $10.90M in sales. Current P/E ratio is 10.54. Profit margin for the company is 8.07%. Distance from 52-week low is 35.97% and -75.10% from its 52-week high. The company has generated returns on investments over the last 12 months (24.48%).