Is it Time to Sell/Buy Gridsum Holding Inc. (GSUM) Stock After Recent Trade?

GSUM Recent Trade

The share price of GSUM ascended by $0.16 during the exchanging session on 10/02/20 to exchange at $1.85. Gridsum Holding Inc. stock has an exchanging volume of 2.66 million shares, which is high, contrasted with its 3-months average volume of 539.10K shares. Its market capitalization has now reached to $58.50M.

GSUM Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, GSUM price has rose by 64.44%. In the course of past three months sees the stock go up around 156.23%, while it has gain 262.75% over the past six months and 51.64% since the start of the year.

GSUM Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Dec 2017), the firm recorded a revenue of 19.59 billion, which was higher than the gauge of 14.39M made by certain experts. For that equivalent quarter, Gridsum Holding Inc. posted -$0.14 earnings per share (EPS) which was underneath the consensus estimate of -$0.07 by -$0.07, which represents to a reduction by -100.00%.

GSUM Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Gridsum Holding Inc. has seen its stock exchanging -1.60% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +192.72% above its three-month low. A more extensive look sees GSUM exchanging -26.00% beneath its 52-week high and 680.59% above from its 52-week low price.

GSUM Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 11.30%, while it has a month to month instability of 13.74%. The company has an ATR (Average True Range) of 0.17 and a beta factor of 1.87.

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