Aegis Forecasts Stronger Earnings for Greenland Technologies

Greenland Technologies Holding Co. (NASDAQ:GTEC) – Investment analysts at Aegis increased their FY2025 earnings per share (EPS) estimates for shares of Greenland Technologies in a research report issued to clients and investors on Monday, December 9th. Aegis analyst R. Dionisio now expects that the company will earn $0.50 per share for the year, up from their prior estimate of $0.43. The consensus estimate for Greenland Technologies’ current full-year earnings is $0.61 per share.

Greenland Technologies Trading Down 0.9 %

NASDAQ GTEC opened at $2.12 on Thursday. The firm has a market capitalization of $28.82 million, a PE ratio of -2.23 and a beta of 1.43. The stock’s 50 day moving average is $2.30 and its 200 day moving average is $1.97. Greenland Technologies has a twelve month low of $1.36 and a twelve month high of $3.84. The company has a quick ratio of 1.31, a current ratio of 1.68 and a debt-to-equity ratio of 0.02.

About Greenland Technologies

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.