In a filing, GDS Holdings Limited ADR revealed its Officer Liang Yan acquired Company’s shares for reported $0.12 million on Sep 11 ’24. In the deal valued at $16.91 per share,7,341 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Qian Yixin bought 5,000 shares, generating $82,000 in total proceeds.
Before that, Liang Yan bought 10,000 shares. GDS Holdings Limited ADR shares valued at $164,000 were divested by the Officer at a price of $16.40 per share.
RBC Capital Mkts upgraded its GDS Holdings Limited ADR [GDS] rating to an Outperform from a a Sector perform in a research note published on July 08, 2024; the price target was increased to $14 from $13. Deutsche Bank revised its rating on March 17, 2023. It rated GDS as “a Buy” which previously was an “a Hold”.
Price Performance Review of GDS
On Tuesday, GDS Holdings Limited ADR [NASDAQ:GDS] saw its stock fall -7.69% to $20.30. Over the last five days, the stock has lost -9.29%. GDS Holdings Limited ADR shares have risen nearly 122.59% since the year began. Nevertheless, the stocks have risen 86.24% over the past one year. While a 52-week high of $23.81 was reached on 10/02/24, a 52-week low of $5.01 was recorded on 02/05/24. SMA at 50 days reached $16.22, while 200 days put it at $10.05.
Levels Of Support And Resistance For GDS Stock
The 24-hour chart illustrates a support level at 19.28, which if violated will result in even more drops to 18.26. On the upside, there is a resistance level at 21.15. A further resistance level may holdings at 21.99. The Relative Strength Index (RSI) on the 14-day chart is 55.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.99%. Stochastics %K at 63.62% indicates the stock is a holding.
How much short interest is there in GDS Holdings Limited ADR?
A steep rise in short interest was recorded in GDS Holdings Limited ADR stocks on 2024-09-13, dropping by -1.19 million shares to a total of 7.45 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 8.64 million shares. There was a decline of -15.99%, which implies that there is a negative sentiment for the stock.
