GDS Holdings Limited ADR (GDS) average volume reaches $1.75M: Is Wall Street expecting a rally?

A new trading day began on Tuesday, with GDS Holdings Limited ADR (NASDAQ: GDS) stock price down -1.68% from the previous day of trading, before settling in for the closing price of $7.74. GDS’s price has ranged from $5.01 to $14.24 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 28.45%. Meanwhile, its annual earnings per share averaged -175.12%. With a float of $175.69 million, this company’s outstanding shares have now reached $185.11 million.

Let’s determine the extent of company efficiency that accounts for 2345 employees.

GDS Holdings Limited ADR (GDS) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of GDS Holdings Limited ADR is 7.02%, while institutional ownership is 24.00%.

GDS Holdings Limited ADR (GDS) Earnings and Forecasts

In its latest quarterly report, released on 3/31/2024, the company reported earnings of -0.17 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -175.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.51% during the next five years compared to -44.77% drop over the previous five years of trading.

GDS Holdings Limited ADR (NASDAQ: GDS) Trading Performance Indicators

Here are GDS Holdings Limited ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.18, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.83 in one year’s time.

Technical Analysis of GDS Holdings Limited ADR (GDS)

Looking closely at GDS Holdings Limited ADR (NASDAQ: GDS), its last 5-days average volume was 1.85 million, which is a jump from its year-to-date volume of 1.72 million. As of the previous 9 days, the stock’s Stochastic %D was 7.71%. Additionally, its Average True Range was 0.54.

During the past 100 days, GDS Holdings Limited ADR’s (GDS) raw stochastic average was set at 54.17%, which indicates a significant increase from 3.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.15% in the past 14 days, which was lower than the 96.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.67, while its 200-day Moving Average is $8.77. However, in the short run, GDS Holdings Limited ADR’s stock first resistance to watch stands at $7.79. Second resistance stands at $7.97. The third major resistance level sits at $8.09. If the price goes on to break the first support level at $7.49, it is likely to go to the next support level at $7.37. Should the price break the second support level, the third support level stands at $7.19.

GDS Holdings Limited ADR (NASDAQ: GDS) Key Stats

With a market capitalization of 1.44 billion, the company has a total of 190,554K Shares Outstanding. Currently, annual sales are 1,407 M while annual income is -606,180 K. The company’s previous quarter sales were 369,910 K while its latest quarter income was -447,850 K.