Last Updated: 13 Sep 2024
Executive Summary
Garden Stage Limited Ordinary Shares (GSIW) is a common stock listed on the NASDAQ exchange. The company is a security and commodity broker-dealer headquartered in Hong Kong. As of March 31, 2024, GSIW had a market capitalization of $190.6 million.
Company Overview
Garden Stage Limited provides a range of financial services, including brokerage, investment banking, and asset management. The company operates in Hong Kong, China, and the United States.
Fundamental Analysis
GSIW's financial performance has been weak in recent quarters. The company reported a loss per share of $0.34 in the fiscal year ended March 31, 2024, and revenue declined by 0.68% year-over-year. GSIW's operating margin and return on equity are also negative.
The company's book value per share is $0.594, and its price-to-book ratio is 16.91. GSIW's price-to-sales ratio is 135.34, and its EV-to-revenue ratio is 113.34.
Technical Analysis
GSIW's stock price has been trading in a range between $4 and $16 over the past 52 weeks. The stock is currently trading at $12.2, which is above its 50-day and 200-day moving averages.
Short Term Outlook
GSIW's stock price is likely to remain range-bound in the short term. The company's weak financial performance and negative technical indicators suggest that the stock is not a good investment at this time.
Long Term Outlook
GSIW's long-term outlook is uncertain. The company faces a number of challenges, including competition from larger brokers and the impact of regulatory changes. If GSIW can improve its financial performance and execute its growth strategy, the stock could be a good investment over the long term.
Analyst Recommendations
Analysts have a negative outlook on GSIW's stock. None of the analysts covering the stock have a strong buy or buy rating.
