GBS Inc Shares Close the Day 10.3% Higher - Daily Wrap

The company saw its shares close the day 10.3% higher than yesterday, with trading volume lower than its 30 day average.

Dec 26, 2021 by Kwhen Finance Editors

GBS Inc Shares Close the Day 10.3% Higher - Daily Wrap
GBS Inc (GBS) shares closed today 10.3% higher than it did at the end of yesterday. The stock is currently down 78.2% year-to-date, down 84.7% over the past 12 months, and down 85.4% over the past five years. Today, the Dow Jones Industrial Average rose 0.6%, and the S&P 500 rose 0.6%.

Trading Activity

  • Shares traded as high as $1.67 and as low as $1.26 this week.
  • Shares closed 83.7% below its 52-week high and 27.8% above its 52-week low.
  • Trading volume this week was 51.9% lower than the 10-day average and 88.8% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.4.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
GBS Inc10.3-78.2-84.7-85.613.5
Dow Jones Industrial Average0.619.521.0-1.622.0
S&P 500 Index0.627.529.2-0.730.2
Technology Industry-1.7-67.2-68.0-69.63.3

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 172.9%
  • The company's stock price performance over the past 12 months lags the peer average by 179.7%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
GBS IncGBS0-78.2-84.7-85.613.5
Peer AvgN/A0-28.7-30.3-31.935.5
ORIC Pharmaceuticals IncORIC0-50.3-57.7-59.546.3
Otonomy IncOTIC0-64.5-63.5-68.195.6

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