Media stories about GDS (NASDAQ:GDS) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. GDS earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.3011544189601 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several research firms have recently commented on GDS. BidaskClub raised shares of GDS from a “hold” rating to a “buy” rating in a research note on Thursday, October 12th. Credit Suisse Group reissued a “neutral” rating and issued a $23.00 price objective on shares of GDS in a research note on Wednesday, December 20th. Finally, Royal Bank of Canada raised their price objective on shares of GDS to $26.00 and gave the company an “outperform” rating in a research note on Wednesday, December 13th.
Shares of GDS (NASDAQ GDS) traded down $1.22 during trading on Thursday, reaching $23.97. 730,400 shares of the company were exchanged, compared to its average volume of 279,914. GDS has a one year low of $6.90 and a one year high of $25.30. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $2,760.00 and a P/E ratio of -41.33.
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GDS Company Profile
GDS Holdings Ltd is a developer and operator of data centers in China. The Company is engaged in design, build-out and operation of data centers. It operates as a carrier and cloud neutral, which enables its customers to connect to all the People’s Republic of China telecommunications carriers, and to access a number of the People’s Republic of China cloud service providers, whom it hosts in its facilities.
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