Globavend Holdings Ltd (NASDAQ: GVH) is -89.64% 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 -87.15% and -92.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 41.46 million and changing -8.03% at the moment leaves the stock -90.06% off its SMA200. GVH registered -88.55% loss for a year compared to 6-month gain of -90.04%. The firm has a 50-day simple moving average (SMA 50) of $1.00954 and a 200-day simple moving average (SMA200) of $0.77132.
The stock witnessed a -94.72% loss in the last 1 month and extending the period to 3 months gives it a -84.73%, and is -6.00% 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 11.88% over the week and 26.26% over the month.
Globavend Holdings Ltd (GVH) has around 7 employees, a market worth around $1.15M and $10.90M in sales. Current P/E ratio is 1.26. Profit margin for the company is 8.07%. Distance from 52-week low is 23.71% and -95.79% 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 45.26%. Institutions hold 1.52% of the Float.
Globavend Holdings Ltd (GVH) Insider Activity
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