Chindata Group Holdings Limited (NASDAQ: CD) on January 24, 2023, started off the session at the price of $8.38, plunging -1.65% from the previous trading day. During the day, the shares moved up to $8.56 and dropped to $8.305 before settling in for the closing price of $8.50. Within the past 52 weeks, CD’s price has moved between $3.75 and $9.08.
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The company achieved an average annual earnings per share of 194.00%. With a float of $178.21 million, this company’s outstanding shares have now reached $365.21 million.
The extent of productivity of a business whose workforce counts for 1315 workers is very important to gauge. In terms of profitability, gross margin is +40.60, operating margin of +23.67, and the pretax margin is +16.51.
Chindata Group Holdings Limited (CD) Insider and Institutional Ownership
Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of Chindata Group Holdings Limited is 0.64%, while institutional ownership is 48.70%.
Chindata Group Holdings Limited (CD) Latest Financial update
As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported $0.04 earnings per share (EPS) for the period topping the consensus outlook (set at $0.03) by $0.01. This company achieved a net margin of +11.09 while generating a return on equity of 3.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 194.00% per share during the next fiscal year.
Chindata Group Holdings Limited (NASDAQ: CD) Trading Performance Indicators
Chindata Group Holdings Limited (CD) is currently performing well based on its current performance indicators. A quick ratio of 2.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26
Technical Analysis of Chindata Group Holdings Limited (CD)
The latest stats from [Chindata Group Holdings Limited, CD] show that its last 5-days average volume of 1.22 million was inferior to 1.78 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 54.23%. Additionally, its Average True Range was 0.44.
During the past 100 days, Chindata Group Holdings Limited’s (CD) raw stochastic average was set at 82.35%, which indicates a significant increase from 66.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.73% in the past 14 days, which was lower than the 66.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.51, while its 200-day Moving Average is $7.15. Now, the first resistance to watch is $8.51. This is followed by the second major resistance level at $8.66. The third major resistance level sits at $8.77. If the price goes on to break the first support level at $8.26, it is likely to go to the next support level at $8.15. The third support level lies at $8.00 if the price breaches the second support level.
Chindata Group Holdings Limited (NASDAQ: CD) Key Stats
Market capitalization of the company is 3.05 billion based on 366,280K outstanding shares. Right now, sales total 447,580 K and income totals 49,650 K. The company made 169,070 K in profit during its latest quarter, and 33,880 K in sales during its previous quarter.