Chindata Group Holdings Limited (CD) acknowledged active focus on shares in the last trading session.The stock disclosed a change of 15.13% and its listed share value at $7.23 in the recent trade transaction. This company belong to China Country and part of Technology sector. CD exchanged 5266132 shares on hands in most recent trading session and observed an average volume with 1127.14K shares. It has a market capitalization of $2283.22M. Using market capitalization to display company size because this is basic factor of different characteristics to develop the investors’ interests including risk.
TECHNICAL INTERPRETATION:
A Simple moving average is one of the most flexible as well as most-commonly used technical analysis indicators. It is highly popular among traders, mostly because of its simplicity. It works best in a trending environment. Simple Moving Average calculated as an average of the last N-periods (20-Day, 50-Day, 200-Day).The share price is an upside from its 20 days moving average with 27.08% and trading from 50 days moving average with 17.71%. The stock price is performing along rising drift from its 200 days moving average with 0.68%.Any type of moving average can be used to generate buy or sell signals and this process is very simple. The charting software plots the moving average as a line directly into the price chart.
Currently Relative Strength Index (RSI-14) reading of stock is 71.69. RSI reading varies between 0 and 100. Speed and change of stock price movement is measured by the RSI momentum oscillator. J. Welles Wilder developed Relative Strength Index (RSI) that is used most commonly as momentum indicator. Commonly when RSI goes below 30 then stock is overload and stock is overbought when it goes above 70. 30 to 70 are considered a normal reading of a stock. General trend, finding deviations and failure swings can be detected by using RSI.
VOLATILITY ANALYSIS:
Volatility remained at 9.14% over last week and shows 6.20% volatility in last month. VOLATILITY is also measured by ATR an exponential moving average (14-days) of the True Ranges. ATR value stands at 0.41.
PROFITABILITY SNAP:
Net profit margin of the company is 16.00% that shows the company earning by every dollar of sales. Gross margin is detected at 41.30% and Operating Margin is noted at 27.50%. Return on Assets (ROA) shows that the company is profitable as compared to its total assets which is 3.50%. Return on Investment (ROI) is 4.60%. Return on Equity (ROE) is 7.50%.
PERFORMANCE REVIEW:
CD revealed weekly performance of 26.84% and shown yearly performance of -0.69%. The stock moved to -5.98% in last six months and it maintained for the month at 17.18%. The stock noted year to date performance at -9.28% and changed about 5.24% over the last three months. The stock’s price situated at -21.50% from 52 week high and stock price seen at 48.77% when looking at 52 week low price.
ANALYSTS OPENION:
Looking ahead of 52-week period, the stock will achieve $11.66 price. This mean target price is expected by analysts.
