TD Holdings Inc. (GLG) is priced at $1.07 after the most recent trading session. At the very opening of the session, the stock price was $1.05 and reached a high price of $1.39, prior to closing the session it reached the value of $1.01. The stock touched a low price of $0.9613.
Recently in News on July 16, 2021, TD Holdings, Inc. Announces Entry into Non-Binding Letter of Intent for the Acquisition of Two Companies to Step into Unmanned Logistics and New Energy Vehicle Industry. TD Holdings, Inc. (GLG), a commodities trading service provider in China, recently announced that it has entered into a non-binding letter of intent with Guangdong Jinbochuang Special Purpose Vehicle Co., Ltd. and (“Jinbochuang”) and Hunan Jinmeike New Material Co., Ltd. (“Jinmeike”) and their shareholders to acquire both Jinbochuang and Jinmeike to step into the unmanned logistics and new energy vehicle industry. You can read further details here
TD Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded at $2.7700 on 02/18/21, with the lowest value was $0.7656 for the same time period, recorded on 07/08/21.
TD Holdings Inc. (GLG) full-year performance was -59.44%
Price records that include a history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and future performance. Presently, TD Holdings Inc. shares are logging -73.47% during the 52-week period from the high price, and 39.33% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.77 and $4.02.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 11567128 for the day, which was evidently higher when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, TD Holdings Inc. (GLG) recorded performance in the market was -36.48%, having the revenues showcasing -25.19% on a quarterly basis in comparison with the same period the year before. At the time of this writing, the total market value of the company is set at 78.80M, as it employs a total of 25 workers.
The Analysts eye on TD Holdings Inc. (GLG)
During the last month, 0 analysts gave the TD Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.4000, with a change in the price was noted -1.41. In a similar fashion, TD Holdings Inc. posted a movement of -57.69% for the period of the last 100 days, recording 2,893,248 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metric that describes the debt, the company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GLG is recording 0.00 at the time of this writing. In addition, the long-term Debt to Equity ratio is set at 0.00.
Technical rundown of TD Holdings Inc. (GLG)
Raw Stochastic average of TD Holdings Inc. in the period of the last 50 days is set at 40.18%. The result represents a downgrade in oppose to the Raw Stochastic average for the period of the last 20 days, recording 43.40%. In the last 20 days, the company’s Stochastic %K was 33.14% and its Stochastic %D was recorded at 25.50%.
Considering, the past performance of TD Holdings Inc., multiple moving trends are noted. The year-to-date price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -36.48%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -46.28%, alongside a downfall of -59.44% for the period of the last 12 months. The shares increased approximately by 13.10% in the 7-day charts and went up by -0.98% in the period of the last 30 days. Common stock shares were lifted by -25.19% during the last recorded quarter.