Stocks of GDS Holdings Limited ADR (NASDAQ:GDS) traded higher last session on Wall Street, up 10.20% to $39.06.
GDS stock price is now 37.96% away from the 50-day moving average and 107.43% away from the 200-day moving average. The market capitalization of the company currently stands at $7.38B.
With the price target enhanced from $26 to $37, RBC Capital Mkts Downgraded its rating from Outperform to Sector Perform for GDS Holdings Limited ADR (NASDAQ: GDS). On February 24, 2025, Jefferies Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock increasing its target price from $27.06 to quote $45, while ‘Daiwa Securities’ rates the stock as ‘Buy’
In other news, Liang Yan, Officer bought 5,000 shares of the company’s stock on Dec 16 ’24. The stock was bought for $104,500 at an average price of $20.90. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13 ’24, Director Ye Judy Qing bought 4,183 shares of the business’s stock. A total of $86,002 was incurred on buying the stock at an average price of $20.56. A total of 2.61% of the company’s stock is owned by insiders.
During the past 12 months, GDS Holdings Limited ADR has had a low of $5.85 and a high of $52.50. As of last week, the company has a debt-to-equity ratio of 2.58, a current ratio of 1.19, and a quick ratio of 1.19.
The net profit margin was -36.21% and return on equity was -18.30% for GDS. The company reported revenue of $422.61 million for the quarter, compared to $345.26 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.4 percent.
