Globavend Holdings Limited Stock Today
| GVH Stock | 0.69 0.02 2.82% |
Performance2 of 100
| Odds Of DistressLess than 7
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Globavend Holdings is trading at 0.69 as of the 22nd of November 2024. This is a 2.82 percent down since the beginning of the trading day. The stock's open price was 0.71. Globavend Holdings has only a 7 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Globavend Holdings Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Transportation | IPO Date 8th of November 2023 | Category Industrials |
Globavend Holdings is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 14.93 M outstanding shares of which 45.6 K shares are currently shorted by investors with about 1.57 days to cover. More on Globavend Holdings Limited
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Globavend Stock Highlights
| Chairman Founder | Wai Yau | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Air Freight & Logistics, Integrated Freight & Logistics, Industrials, NASDAQ Composite, Industrials, Air Freight & Logistics, Integrated Freight & Logistics, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Globavend Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Globavend Holdings' financial leverage. It provides some insight into what part of Globavend Holdings' total assets is financed by creditors.
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Globavend Holdings Limited (GVH) is traded on NASDAQ Exchange in USA. It is located in Office 1401, Level 14, Perth, WA, Australia, 6000 and employs 7 people. Globavend Holdings is listed under Air Freight & Logistics category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 10.6 M. Globavend Holdings runs under Air Freight & Logistics sector within Industrials industry. The entity has 14.93 M outstanding shares of which 45.6 K shares are currently shorted by investors with about 1.57 days to cover.
Globavend Holdings generates positive cash flow from operations, but has no cash available
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Ownership AllocationThe market capitalization of Globavend Holdings is USD10.6 Million. Globavend Holdings retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 78.25 (percent) of Globavend Holdings outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
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Globavend Holdings Historical Income Statement
Globavend Stock Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globavend Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globavend Holdings. If investors know Globavend will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globavend Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.831 | Earnings Share 0.1 | Revenue Per Share 1.282 | Quarterly Revenue Growth (0.11) | Return On Assets 0.244 |
The market value of Globavend Holdings is measured differently than its book value, which is the value of Globavend that is recorded on the company's balance sheet. Investors also form their own opinion of Globavend Holdings' value that differs from its market value or its book value, called intrinsic value, which is Globavend Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globavend Holdings' market value can be influenced by many factors that don't directly affect Globavend Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globavend Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globavend Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globavend Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.