GDHG Stock Surges Over 5% Amid Strong Financial Performance

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Nov 15, 2024

Goldstone Recreation (GDHG, Financial) saw a significant stock movement with an increase of 5.71% in its share price. The stock is currently priced at $2.02 per share with a trading volume of 44,549 shares and a turnover rate of 1.13%. The stock's volatility stands at 10.21%.

Recently released financial data reveals a robust performance for GDHG, with the company reporting a revenue of $13.82 million and a net profit of $2.54 million. The earnings per share (EPS) are $0.05, and the gross profit stands at $7.18 million, with a price-to-earnings ratio of 1.25. Currently, no institutional recommendations are available for buy, hold, or sell actions on the stock.

In the leisure and entertainment sector, where Goldstone Recreation operates, there was an overall decline of 0.63%. However, other companies such as Plby Group, Inc. and Connexa Sports Technologies Inc. also experienced notable gains. Within this sector, Goldstone Recreation remained a prominent player with an active turnover rate and significant price swings, alongside companies like Alta Global Group Limited and Plby Group, Inc.

Goldstone Recreation is an offshore holding company, managing several properties in China that include amusement parks, water parks, and entertainment facilities. Their parks offer a wide range of attractions from thrilling rides to family-friendly activities, circus performances, and high-tech amenities. The company's revenue streams from selling access to attractions, event rental fees, and regular 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.