GDS Holdings Limited ADR’s recent filing unveils that 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.
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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 -16.22% to $19.68. Over the last five days, the stock has lost -12.88%. GDS Holdings Limited ADR shares have risen nearly 115.79% since the year began. Nevertheless, the stocks have risen 70.39% over the past one year. While a 52-week high of $24.74 was reached on 11/11/24, a 52-week low of $5.01 was recorded on 02/05/24. SMA at 50 days reached $20.96, while 200 days put it at $12.28.
Levels Of Support And Resistance For GDS Stock
The 24-hour chart illustrates a support level at 18.48, which if violated will result in even more drops to 17.27. On the upside, there is a resistance level at 21.38. A further resistance level may holdings at 23.07. The Relative Strength Index (RSI) on the 14-day chart is 42.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.69%. Stochastics %K at 40.17% 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 2024-10-31, growing by 68914.0 shares to a total of 5.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 5.55 million shares. There was a rise of 1.23%, which implies that there is a positive sentiment for the stock.
