Globavend (NASDAQ:GVH – Get Free Report) is expected to be announcing its resultson Thursday, September 17th. Analysts expect Globavend to post earnings of $0.32 per share and revenue of $11.50 million for the quarter.
Globavend Price Performance
Shares of Globavend stock opened at $1.29 on Wednesday. Globavend has a fifty-two week low of $0.87 and a fifty-two week high of $6.46. The business’s fifty day moving average is $1.58 and its two-hundred day moving average is $2.63.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings lowered Globavend from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Globavend currently has an average rating of “Reduce”.
Globavend Company Profile
Globavend Holdings Limited, together with its subsidiaries, provides integrated cross-border logistics services and air freight forwarding services in Hong Kong, Australia, and New Zealand. The company's services include parcel consolidation, air freight forwarding, customs clearance, on-carriage parcel transportation, and delivery. It serves e-commerce merchants and operators of e-commerce platforms. The company was founded in 2016 and is based in Perth, Australia. Globavend Holdings Limited is subsidiary of Globavend Investments Limited.
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