Gridsum Holding Inc. (GSUM) saw an uptrend of 1.68% in the recent, registering $1.21 being its most recent bid. The distance of current price level is -51.60% lower than the highest price of $2.50 marked by the stock while trading over the past 52-weeks, whereas it is 410.55% higher than the lowest price of $0.24 the company dropped to over past 52-weeks. The latest news story on GSUM appeared in Insider Monkey under the title “Gridsum Holding Inc. (GSUM): Are Hedge Funds Right About This Stock?” on Jun-10-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -12.32% below one month high and is +43.40% above of the lowest during that time. Looking into the simple moving average, Gridsum Holding Inc. (GSUM)’s stock is currently standing at a SMA-50 of $0.9157 while that of 5-day is reading $1.1590.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and GSUM’s SMA-200 at this time is reading $0.9171.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Gridsum Holding Inc. (GSUM) releasing its most recent results for the quarter ended 9/29/2017 posted a surprise factor of -100.00% for net revenue. During the reported three-month period, company’s sales were $19.59 billion while analysts on average were estimating the same to be $14.39 million.
Looking into the perspective of Gridsum Holding Inc. (NASDAQ:GSUM)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.07 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -0.14.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 33.89 million of GSUM’s outstanding shares. That indicates a holding of about 25.10% or $18.15 of worth by institutional holders in the company.
As on Jun 29, 2020, Moon Capital Management LP was the top most holder in Gridsum Holding Inc. (NASDAQ:GSUM) with an ownership of 2.36 million shares of the company or 8.98% of the stake worth $1.65 million. The filing also reveals Renaissance Technologies, LLC as the second largest holder in the company with a control over 4.23% of the stake or worth of $0.78 million for having 1.11 million shares in hand.
Athos Capital Ltd also came increasing its position in the company during the recent quarter and it now holds 3.34% of the outstanding shares. With this there are now 15 institutions which have been in possession of GSUM’s shares.
Company attained a return on equity (ROE) of 277.70% in past 12 months against the same posted by peer companies of the relevant industry.
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term average volume of a stock is an effective way to make use of. When looking into those indicators for Gridsum Holding Inc. (GSUM), we notice that the stock’s 20-day average volume is at 285,765 shares and 100% of that short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 291,584 shares. And to end with, GSUM’s 100-day average volume are 363,238 shares with 50% of the long-term indicators pointing towards Buy for the stock.