Golden Heaven Group (NASDAQ:GDHG) Trading Down 2.4% – Should You Sell?

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG)’s stock price fell 2.4% on Friday . The company traded as low as $1.19 and last traded at $1.20. 119,827 shares were traded during trading, an increase of 44% from the average session volume of 83,439 shares. The stock had previously closed at $1.23.

Golden Heaven Group Stock Down 2.4%

The business has a 50-day moving average price of $4.51 and a two-hundred day moving average price of $29.45. The company has a current ratio of 10.41, a quick ratio of 10.41 and a debt-to-equity ratio of 0.10.

Hedge Funds Weigh In On Golden Heaven Group

An institutional investor recently bought a new position in Golden Heaven Group stock. Virtu Financial LLC purchased a new position in shares of Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 16,889 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.41% of Golden Heaven Group as of its most recent filing with the SEC. 0.62% of the stock is currently owned by institutional investors and hedge funds.

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.