Greenland Technologies (NASDAQ:GTEC – Get Rating) is scheduled to be announcing its earnings results before the market opens on Thursday, March 30th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Investors who wish to register for the company’s conference call can do so using this link.
Greenland Technologies Stock Performance
Shares of Greenland Technologies stock opened at $1.75 on Tuesday. The company has a market capitalization of $22.72 million, a PE ratio of 4.17 and a beta of 1.58. The company has a 50-day simple moving average of $2.18 and a two-hundred day simple moving average of $2.28. Greenland Technologies has a one year low of $1.60 and a one year high of $5.73.
Institutional Investors Weigh In On Greenland Technologies
A hedge fund recently raised its stake in Greenland Technologies stock. Wells Fargo & Company MN boosted its position in Greenland Technologies Holding Co. (NASDAQ:GTEC – Get Rating) by 6.7% during the fourth quarter, according to the company’s most recent disclosure with the Securities & Exchange Commission. The fund owned 154,580 shares of the company’s stock after buying an additional 9,746 shares during the period. Wells Fargo & Company MN owned approximately 1.19% of Greenland Technologies worth $337,000 as of its most recent filing with the Securities & Exchange Commission. 10.67% of the stock is owned by hedge funds and other institutional investors.
About Greenland Technologies
Greenland Technologies Holding Corporation develops, manufactures, and sells transmission products for material handling machines in the People’s Republic of China. The company offers transmission products for forklift trucks that are used in manufacturing and logistics applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports.
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