Globavend Holdings Ltd (NASDAQ: GVH) is -90.73% lower on its value in year-to-date trading and has touched a low of $0.06 and a high of $1.82 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 $0.08 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.08, the stock is -91.33% and -92.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 63.17 million and changing 7.94% at the moment leaves the stock -89.68% off its SMA200. GVH registered -87.82% loss for a year compared to 6-month gain of -87.45%. The firm has a 50-day simple moving average (SMA 50) of $1.05066 and a 200-day simple moving average (SMA200) of $0.78991.
The stock witnessed a -94.13% loss in the last 1 month and extending the period to 3 months gives it a -85.25%, and is -38.65% down 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 23.32% over the week and 24.40% over the month.
Globavend Holdings Ltd (GVH) has around 7 employees, a market worth around $1.22M and $10.90M in sales. Current P/E ratio is 1.34. Profit margin for the company is 8.07%. Distance from 52-week low is 31.61% and -95.52% from its 52-week high. The company has generated returns on investments over the last 12 months (24.48%).
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Globavend Holdings Ltd (GVH) Top Institutional Holders
5.0 institutions hold shares in Globavend Holdings Ltd (GVH), with institutional investors hold 6.46% of the company’s shares. The shares outstanding are 14.93M, and float is at 3.50M with Short Float at 5.90%. Institutions hold 1.52% of the Float.
