China HGS Real Estate Inc. [NASDAQ: HGSH] stock went on an upward path that rose over 18.38% on Tuesday, amounting to a one-week price increase of more than 22.35%. The company report on May 18, 2021 that China HGS Announces First Six Months of Fiscal 2021 Financial Results.
Revenue Up by Approximately 867% and 402% for the three and six months of Fiscal 2021, Respectively.
China HGS Real Estate Inc. (NASDAQ: HGSH) (“China HGS” or the “Company”), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, announced its interim financial results for the first half of fiscal 2021 ended March 31, 2021.
Over the last 12 months, HGSH stock rose by 166.16%.
The market cap for the stock reached $48.09 million, with 22.52 million shares outstanding and 6.79 million shares in the current float. Compared to the average trading volume of 371.46K shares, HGSH stock reached a trading volume of 16007410 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on China HGS Real Estate Inc. [HGSH]:
The Average True Range (ATR) for China HGS Real Estate Inc. is set at 0.25, with the Price to Sales ratio for HGSH stock in the period of the last 12 months amounting to 3.62. The Price to Book ratio for the last quarter was 0.28, with the Price to Cash per share for the same quarter was set at 0.06. Price to Free Cash Flow for HGSH in the course of the last twelve months was 120.23.
HGSH Stock Performance Analysis:
China HGS Real Estate Inc. [HGSH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 22.35. With this latest performance, HGSH shares dropped by -1.35% in over the last four-week period, additionally plugging by 57.55% over the last 6 months – not to mention a rise of 166.16% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HGSH stock in for the last two-week period is set at 54.88, with the RSI for the last a single of trading hit 59.02, and the three-weeks RSI is set at 52.97 for China HGS Real Estate Inc. [HGSH]. The present Moving Average for the last 50 days of trading for this stock 2.10, while it was recorded at 1.84 for the last single week of trading, and 1.77 for the last 200 days.
Insight into China HGS Real Estate Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and China HGS Real Estate Inc. [HGSH] shares currently have an operating margin of +4.00 and a Gross Margin at +26.72. China HGS Real Estate Inc.’s Net Margin is presently recorded at +7.68.
Return on Total Capital for HGSH is now 0.19, given the latest momentum, and Return on Invested Capital for the company is 0.52. Return on Equity for this stock inclined to 0.60, with Return on Assets sitting at 0.28. When it comes to the capital structure of this company, China HGS Real Estate Inc. [HGSH] has a Total Debt to Total Equity ratio set at 65.31. Additionally, HGSH Total Debt to Total Capital is recorded at 39.51, with Total Debt to Total Assets ending up at 31.06. Long-Term Debt to Equity for the company is recorded at 10.60, with the Long-Term Debt to Total Capital now at 6.41.
Reflecting on the efficiency of the workforce at the company, China HGS Real Estate Inc. [HGSH] managed to generate an average of $7,061 per employee. Receivables Turnover for the company is 0.79 with a Total Asset Turnover recorded at a value of 0.04.
China HGS Real Estate Inc. [HGSH] Insider Position Details
There are presently around $0 million, or 0.20% of HGSH stock, in the hands of institutional investors. The top three institutional holders of HGSH stocks are: MARSHALL WACE, LLP with ownership of 105,485, which is approximately New of the company’s market cap and around 86.60% of the total institutional ownership; HRT FINANCIAL LP, holding 35,129 shares of the stock with an approximate value of $77000.0 in HGSH stocks shares; and CITADEL ADVISORS LLC, currently with $74000.0 in HGSH stock with ownership of nearly 157.253% of the company’s market capitalization.
Positions in China HGS Real Estate Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 6 institutional holders increased their position in China HGS Real Estate Inc. [NASDAQ:HGSH] by around 207,769 shares. Additionally, 1 investors decreased positions by around 7,298 shares, while 0 investors held positions by with 5,835 shares. The mentioned changes placed institutional holdings at 220,902 shares, according to the latest SEC report filing. HGSH stock had 5 new institutional investments in for a total of 187,117 shares, while 1 institutional investors sold positions of 7,298 shares during the same period.