GDS Holdings Limited ADR’s filing revealed that its Officer Liang Yan acquired Company’s shares for reported $0.1 million on Dec 16 ’24. In the deal valued at $20.90 per share,5,000 shares were bought.
Then, Ye Judy Qing bought 4,183 shares, generating $86,002 in total proceeds.
Before that, Ye Judy Qing bought 3,257 shares. GDS Holdings Limited ADR shares valued at $67,876 were divested by the Director at a price of $20.84 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 jump 4.17% to $26.46. Over the last five days, the stock has gained 12.50%. GDS Holdings Limited ADR shares have risen nearly 11.36% since the year began. Nevertheless, the stocks have risen 241.42% over the past one year. While a 52-week high of $26.20 was reached on 01/07/25, a 52-week low of $5.01 was recorded on 01/02/25. SMA at 50 days reached $21.22, while 200 days put it at $14.50.
Levels Of Support And Resistance For GDS Stock
The 24-hour chart illustrates a support level at 25.88, which if violated will result in even more drops to 25.31. On the upside, there is a resistance level at 27.51. A further resistance level may holdings at 28.57. The Relative Strength Index (RSI) on the 14-day chart is 74.94, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.67%. Stochastics %K at 89.61% indicates the stock is a selling.
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.
