Golden Heaven Group (NASDAQ:GDHG) Stock Price Up 9% – Should You Buy?

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

Analysts Set New Price Targets

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

Golden Heaven Group Trading Up 9.0%

The company has a current ratio of 25.01, a quick ratio of 25.01 and a debt-to-equity ratio of 0.04. The firm has a 50-day simple moving average of $2.34 and a two-hundred day simple moving average of $4.88.

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

Golden Heaven Group Company Profile

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.