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TD Holdings Inc. (GLG) weekly volatility stands at 3.95%: What It Means

TD Holdings Inc. (NASDAQ:GLG) Relative Strength Index (RSI) is 41.40, with weekly volatility at 3.95% and ATR at 0.08. The GLG stock’s 52-week price range has touched low of $0.94 and a $4.02 high. Intraday shares traded counted 0.64 million, which was 30.97% higher than its 30-day average trading volume of 930.17K. Its shares traded higher over the last trading session, gaining 0.95% on 06/09/21. The shares fell to a low of $1.03 before closing at $1.06. GLG’s previous close was $1.05 while the outstanding shares total 74.00M. The firm has a beta of 0.39.

Investors have identified the Rental & Leasing Services company TD Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $102.78 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Potential earnings growth for TD Holdings Inc. (GLG)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/23/2021 quarter of the year, TD Holdings Inc. recorded a total of -2.79 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 73.55% coming in sequential stages and their sales for the 08/23/2021 quarter increasing by 34.82%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 2.79 million trying to sell their products during the last quarter, with the result yielding a gross income of 18.25 million. This allows shareholders to hold on to 74.00M with the recently reported earning now reading 0.03 cents per share. This is a figure that compared to analyst’s prediction for their 08/23/2021.

Is the stock of GLG attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 28.63%.

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