GDS Holdings Ltd – (NASDAQ:GDS) shares traded up 6% on Tuesday . The company traded as high as $41.91 and last traded at $40.90, 1,874,809 shares were traded during trading. An increase of 100% from the average session volume of 936,208 shares. The stock had previously closed at $38.57.

A number of equities analysts recently weighed in on the stock. TheStreet lowered shares of GDS from a “c-” rating to a “d” rating in a research report on Monday, May 6th. Zacks Investment Research upgraded shares of GDS from a “sell” rating to a “hold” rating in a research report on Tuesday, May 21st. BidaskClub lowered shares of GDS from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Finally, ValuEngine upgraded shares of GDS from a “hold” rating to a “buy” rating in a research report on Thursday, June 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. GDS has an average rating of “Buy” and an average target price of $39.33.

The firm has a market cap of $4.53 billion, a PE ratio of -80.20 and a beta of 3.04. The stock has a 50-day moving average price of $38.76. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.22 and a quick ratio of 2.22.

GDS (NASDAQ:GDS) last posted its quarterly earnings results on Tuesday, May 14th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.05). The business had revenue of $891.80 million for the quarter, compared to analyst estimates of $888.42 million. GDS had a negative return on equity of 7.56% and a negative net margin of 15.41%. The business’s revenue was up 58.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.71) earnings per share. As a group, equities analysts expect that GDS Holdings Ltd – will post -0.47 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of the business. Aviva PLC boosted its holdings in GDS by 1.7% in the 2nd quarter. Aviva PLC now owns 18,200 shares of the company’s stock valued at $684,000 after purchasing an additional 300 shares during the last quarter. Comerica Bank boosted its holdings in GDS by 6.6% in the 2nd quarter. Comerica Bank now owns 7,807 shares of the company’s stock valued at $304,000 after purchasing an additional 486 shares during the last quarter. SeaBridge Investment Advisors LLC boosted its holdings in GDS by 100.0% in the 1st quarter. SeaBridge Investment Advisors LLC now owns 1,000 shares of the company’s stock valued at $36,000 after purchasing an additional 500 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in GDS by 93.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,440 shares of the company’s stock valued at $54,000 after purchasing an additional 696 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in GDS by 7.2% in the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 12,726 shares of the company’s stock valued at $454,000 after purchasing an additional 852 shares during the last quarter. Institutional investors own 62.54% of the company’s stock.

About GDS (NASDAQ:GDS)

GDS Holdings Limited, together with its subsidiaries, designs, builds, and operates data centers in the People's Republic of China. The company provides colocation, managed hosting, and managed cloud services, as well as consulting services. Its data centers service customers that primarily operate in the Internet and banking industries in Shanghai and Beijing municipalities; and Jiangsu, Guangdong, Sichuan, and Hebei Provinces.

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