Greenland Technologies (GTEC) Stock Price, News & Analysis

Company Overview

Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, including electric wheeled front loader, electric excavator, and electric lithium forklifts; and provides charging solutions. Its products are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports. Greenland Technologies Holding Corporation was and is headquartered in East Windsor, New Jersey.

Key Stats

• Today's Range: $1.76 to $1.88
• 50-Day Range: $1.85 to $2.81
• 52-Week Range: $1.36 to $3.84
• Volume: 156,430 shs
• Average Volume: 229,742 shs
• Market Capitalization: $25.42 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Greenland Technologies Stock Analysis - MarketRank™

Greenland Technologies scored higher than 27% of companies evaluated by MarketBeat, and ranked 540th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Greenland Technologies.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -24.59%

Earnings Growth

Earnings for Greenland Technologies are expected to decrease by -24.59% in the coming year, from $0.61 to $0.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Greenland Technologies is -1.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Greenland Technologies is -1.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Greenland Technologies has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.35% of the float of Greenland Technologies has been sold short.

Short Interest Ratio / Days to Cover

Greenland Technologies has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Greenland Technologies has recently decreased by 23.20%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Greenland Technologies does not currently pay a dividend.

Dividend Growth

Greenland Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.35% of the float of Greenland Technologies has been sold short.

Short Interest Ratio / Days to Cover

Greenland Technologies has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Greenland Technologies has recently decreased by 23.20%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Greenland Technologies has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Greenland Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

47.16% of the stock of Greenland Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 10.89% of the stock of Greenland Technologies is held by institutions.

GTEC Stock Analysis - Frequently Asked Questions

How have GTEC shares performed this year?

Greenland Technologies' stock was trading at $2.79 at the beginning of 2024. Since then, GTEC shares have decreased by 33.0% and is now trading at $1.87.
View the best growth stocks for 2024 here.

How were Greenland Technologies' earnings last quarter?

Greenland Technologies Holding Co. (NASDAQ:GTEC) announced its earnings results on Monday, November, 20th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.06 by $0.13. The business had revenue of $21.84 million for the quarter, compared to analyst estimates of $25 million. Greenland Technologies had a negative trailing twelve-month return on equity of 23.51% and a negative net margin of 14.16%.

How do I buy shares of Greenland Technologies?

Shares of GTEC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Greenland Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Greenland Technologies investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), General Electric (GE), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 11/20/2023
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: General industrial machinery & equipment
• Sub-Industry: N/A
• Current Symbol: NASDAQ:GTEC
• CUSIP: N/A
• CIK: 1735041
• Web: www.gtec-tech.com
• Phone: 888-827-4832
• Fax: N/A
• Employees: 325
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.95)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 3.07
• P/E Growth: N/A
• Net Income: $-15,880,000.00
• Net Margins: -14.16%
• Pretax Margin: -22.60%
• Return on Equity: -23.51%
• Return on Assets: -10.06%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 1.68
• Quick Ratio: 1.31

Sales & Book Value

• Annual Sales: $87.35 million
• Price / Sales: 0.29
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.73 per share
• Price / Book: 0.50

Miscellaneous

• Outstanding Shares: 13,595,000
• Free Float: 7,184,000
• Market Cap: $25.42 million
• Optionable: Not Optionable
• Beta: 1.43