GDHG Stock Dips Amid Broader Leisure Industry Decline

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Nov 08, 2024

Goldman Entertainment Holdings (GDHG, Financial) experienced a significant stock price drop of 6.60%, currently trading at $2.12 per share with a trading volume of 45,866 shares and a turnover rate of 1.17%. The stock's volatility reached 6.75%.

In recent financial disclosures, Goldman Entertainment reported a revenue of $13.82 million, a net profit of $2.54 million, and earnings per share of $0.05, with a gross profit of $7.18 million and a price-to-earnings ratio of 1.34. No institutional recommendations for buying, holding, or selling the stock are available at the moment.

Within the leisure and entertainment sector, which saw an overall decline of 2.21%, specific stocks displayed notable performance. Xponential Fitness, Inc., Peloton, and Mattel saw significant gains, while Peloton, Xponential Fitness, Inc., and Sacks Parente Golf, Inc. showed high trading activity with turnover rates of 4.54%, 4.09%, and 3.82%, respectively. Volatility was particularly high for Xponential Fitness, Inc. (14.69%), Srm Entertainment, Inc. (12.13%), and Sacks Parente Golf, Inc. (11.73%).

Goldman Entertainment Holdings is an offshore holding firm that operates amusement and water parks, alongside other entertainment facilities, across six properties in China. The parks offer a variety of attractions, including thrilling rides, family-friendly activities, water features, festivals, circus performances, and high-tech amenities, with nearly 159 rides and attractions in total. Revenue streams include the sale of ride usage rights, special event rentals, and routine rental income from commercial tenants.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.