Raymond James Maintains Strong Buy on GDS Holdings, Lowers Price Target to $75
Raymond James analyst Rob Palmisano maintains GDS Holdings (NASDAQ:GDS) with a Strong Buy and lowers the price target from $110 to $75.
GDS Holdings Q2 Revenue Surge 39%, Reiterates FY21 Outlook
GDS Holdings Ltd (NASDAQ:GDS) reported second-quarter FY21 revenue growth of 38.9% year-on-year to $288.7 million (RMB 1.86 billion). Service revenue increased…
GDS Holdings: Q2 Earnings Insights
Shares of GDS Holdings (NASDAQ:GDS) remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share fell 154.55% year over year to ($0.28), which beat the estimate of ($0.56).
Earnings Scheduled For August 17, 2021
Companies Reporting Before The Bell
• AiHuiShou Intl (NYSE:RERE) is expected to report earnings for its second quarter.
GDS Holdings: Debt Overview
Shares of GDS Holdings (NASDAQ:GDS) decreased by 18.53% in the past three months. Before having a look at the importance of debt, let us look at how much debt GDS Holdings has.
Understanding GDS Holdings’s Unusual Options Activity
On Thursday, shares of GDS Holdings (NASDAQ:GDS) saw unusual options activity. After the option alert, the stock price moved down to $58.94.
10 Information Technology Stocks Showing Unusual Options Activity In Today’s Session
This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
48 Stocks Moving In Monday’s Mid-Day Session
Gainers
Bit Digital, Inc. (NASDAQ: BTBT) gained 38% to $5.83 after the company announced it entered into a second strategic co-mining agreement with Digihost Technology Inc. The stock is also trading higher in sympathy with the price of Bitcoin.