Chindata Group Holdings Limited (CD) saw downtrend of -4.38% in the recent trading with $18.10 being its most recent. The current price level -25.51% lower than the highest price of $24.30 marked by the stock while trading over the past 52-weeks, whereas it is 37.96% higher than the lowest price of $13.12 the company dropped to over past 52-weeks. The latest news story on CD appeared in PR Newswire under the title “Chindata Group releases 2030 carbon neutral roadmap” on Jan-14-21.
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Squeezing the time span to 30 day period shows us the stock is currently trading -25.51% below one month high and is +5.79% above of the lowest during that time. Looking into the simple moving average, Chindata Group Holdings Limited (CD)’s stock stands at a SMA-50 of $18.19 while that of 5-day is reading $18.32.
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. During the reported three-month period, company’s sales were $67.57 billion while analysts on average were estimating the same to be $78.5 million.
2 analysts covering the stock at Wall Street were agreed upon that EPS consensus.
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). The total number of common shares currently owned by the public is 369.67 million. CD does have institutional investors; and they hold 46.30% or $1357.5 of the stock.
As on Sep 29, 2020, Citigroup Inc. was the top most holder in Chindata Group Holdings Limited (NASDAQ:CD) with an ownership of 27.28 million shares of the company or 68.20% of the stake worth $442.73 million. The filing also reveals Capital World Investors as the second largest holder in the company with a control over 17.99% of the outstanding shares. Its stake is worth $116.8 million for having 7.2 million shares in hand.
Morgan Stanley also came holding a key position in the company during the recent quarter and it now holds 12.93% of the outstanding shares. With this there are now 75 institutions which have possession in CD’s shares.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the Chindata Group Holdings Limited And review of current evaluations agreed by the analysts discloses a Buy rating for CD. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock. Lower value of between 0 and 2 implies a Buy recommendation whereas the value in the range of 2 to 3 suggests Hold while above 3 recommends the investors to Sell the stock. Currently, the stock has been recommended as Moderate Buy by 6 of the Wall Street analysts.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Chindata Group Holdings Limited was 1.24 while posting a debt to equity ratio of 1.25. The count was 91.77 for long-term debt to equity ratio.