Golden Heaven Group (NASDAQ:GDHG) Stock Price Down 14.4% – What’s Next?

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) shares dropped 14.4% during trading on Tuesday . The company traded as low as $1.11 and last traded at $1.22. Approximately 140,612 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 247,242 shares. The stock had previously closed at $1.42.

Golden Heaven Group Trading Down 14.4 %

The stock has a 50 day moving average price of $2.02 and a 200-day moving average price of $1.65. The company has a debt-to-equity ratio of 0.10, a quick ratio of 10.41 and a current ratio of 10.41.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Golden Heaven Group stock. Virtu Financial LLC acquired a new stake in shares of Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 16,889 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned about 0.41% of Golden Heaven Group at the end of the most recent quarter. 0.62% of the stock is currently owned by institutional investors.

Golden Heaven Group Company Profile

Golden Heaven Group Holdings Ltd., together with its subsidiaries, engages in the management and operation of urban amusement parks, water parks, and complementary recreational facilities in China. Its parks offer a range of recreational experiences, including thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities.