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Do Analysts Expect Greenland Technologies Holding Corp (GTEC) Stock to Rise After It Has Fallen -11.39% in a Month?

Friday, January 14, 2022 01:47 PM | InvestorsObserver Analysts

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Do Analysts Expect Greenland Technologies Holding Corp (GTEC) Stock to Rise After It Has Fallen -11.39% in a Month?

Analysts who follow Greenland Technologies Holding Corp (GTEC) on average expect it to rise 146.48% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns the stock an Analyst Ranking of 74, which means it ranks higher than 74 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating GTEC a Strong Buy today. Find out what this means to you and get the rest of the rankings on GTEC!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Greenland Technologies Holding Corp Stock Today?

Greenland Technologies Holding Corp (GTEC) stock is trading at $5.68 as of 1:29 PM on Friday, Jan 14, a loss of -$0.26, or -4.38% from the previous closing price of $5.94. The stock has traded between $5.58 and $5.95 so far today. Volume today is less active than usual. So far 45,891 shares have traded compared to average volume of 159,218 shares. Click Here to get the full Stock Report for Greenland Technologies Holding Corp stock.

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