GDS Holdings (NASDAQ:GDS) Downgrade
GDS Holdings (NASDAQ:GDS)’s “Neutral” rating is no longer valid. expert analysts at Credit Suisse decreased Gds Holdings (NASDAQ:GDS)’s rating to “Underperform”.
Despite the company’s rating downgrade NASDAQ:GDS is right now trading 6.61% higher at $17.91 as of 8:07 AM New York time. GDS Holdings shares have [From2] 0% in the last 200 days, while the S&P 500 has added 6.00% in the same time.
GDS Holdings (NASDAQ:GDS) 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.
GDS Holdings (NASDAQ:GDS) traded up 6.61% on 26 January, hitting $17.91. A total of 811,249 shares of the company’s stock traded hands. This is up from average of 459,884 shares. GDS Holdings has a 52 week low of $6.90 and a 52 week high of $18.15. The company has a market cap of $1.75 billion and a P/E ratio of 0.
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