A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 33.51% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 68.18%. Over the past 30 days, the price of GTEC has fallen by 27.59%. And in the last five days, it has fallen by -5.47%.
Greenland Technologies Holding Corp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $3.69 on 02/16/24, while the lowest value for the same period was recorded at $1.36 on 08/05/24.
52-week price history of GTEC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Greenland Technologies Holding Corp’s current trading price is -29.81% away from its 52-week high, while its distance from the 52-week low is 90.44%. The stock’s price range during this period has varied between$1.36 and $3.69. The Greenland Technologies Holding Corp’s shares, which operate in the Industrials, saw a trading volume of around 0.51 million for the day, a figure considerably higher than their average daily volume of 0.17 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Greenland Technologies Holding Corp (GTEC) has experienced a quarterly decline of -1.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 35.20M and boasts a workforce of 325 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.26, with a change in price of +0.46. Similarly, Greenland Technologies Holding Corp recorded 162,739 in trading volume during the last 100 days, posting a change of +21.60%.
GTEC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GTEC stands at 0.54. Similarly, the long-term debt-to-equity ratio is also 0.02.
GTEC Stock Stochastic Average
Greenland Technologies Holding Corp’s raw stochastic average for the past 50 days is presently 71.79%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 71.79%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 59.54% and 62.71%, respectively.
