Golden Heaven Group (NASDAQ:GDHG) Shares Up 9% – What’s Next?

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) rose 9% on Friday . The stock traded as high as $2.1286 and last traded at $2.06. Approximately 7,934 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 6,699 shares. The stock had previously closed at $1.89.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Golden Heaven Group in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Golden Heaven Group Stock Up 9.0%

The business’s 50 day simple moving average is $2.34 and its 200 day simple moving average is $4.88. The company has a debt-to-equity ratio of 0.04, a current ratio of 25.01 and a quick ratio of 25.01.

Golden Heaven Group (NASDAQ:GDHG) last issued its earnings results on Wednesday, January 21st. The company reported $300.06 earnings per share (EPS) for the quarter. The firm had revenue of $3.57 million during the quarter.

About Golden Heaven Group

Golden Heaven Group Inc (NASDAQ:GDHG) is a China-based company specializing in the research, development, production and distribution of environmentally friendly agricultural and industrial chemical products. Its core business activities include the manufacturing of organic and bio-based agricultural inputs such as organic fertilizers, biopesticides and plant growth regulators designed to enhance soil health and crop yields. In addition, Golden Heaven offers water‐treatment chemicals and air‐quality control agents for industrial applications.

The company’s product portfolio features Bacillus‐based biopesticides, proprietary organic fertilizer blends containing beneficial microorganisms and enzymatic additives, and specialty agents for industrial boiler desulfurization and wastewater remediation.