Globavend (NASDAQ:GVH – Get Free Report) is projected to post 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
Globavend stock opened at $1.05 on Tuesday. The company’s 50-day moving average price is $1.63 and its two-hundred day moving average price is $2.63. Globavend has a 52 week low of $0.87 and a 52 week high of $6.46.
Wall Street Analyst Weigh In
Separately, Weiss Ratings cut shares of Globavend from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, September 1st. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus 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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