With 0.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.54 million shares. The 52-week range on GLDG shows that it touched its highest point at $1.06 and its lowest point at $0.71 during that stretch. It currently has a 1-year price target of $2.92. Beta for the stock currently stands at 1.31.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GLDG was up-trending over the past week, with a rise of 1.95%, but this was down by -6.53% over a month. Three-month performance dropped to -4.14% while six-month performance fell -17.17%. The stock lost -11.92% in the past year, while it has lost -5.02% so far this year. A look at the trailing 12-month EPS for GLDG yields -0.10 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.02. This implies an EPS growth rate of -3.71% for this year and -5.34% for next year.
Float and Shares Shorts:
At present, 195.94 million GLDG shares are outstanding with a float of 185.81 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GLDG since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.11519 being high and -$0.23037 being low. For GLDG, this leads to a yearly average estimate of -$0.17278. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.03. The average estimate for the next quarter is thus -$0.03.
