Aegis Lifts Earnings Estimates for Greenland Technologies

Greenland Technologies Holding Co. (NASDAQ:GTEC) – Analysts at Aegis upped their FY2025 earnings estimates for shares of Greenland Technologies in a note issued to investors on Monday, December 9th. Aegis analyst R. Dionisio now expects that the company will earn $0.50 per share for the year, up from their previous estimate of $0.43. The consensus estimate for Greenland Technologies’ current full-year earnings is $0.61 per share.

Greenland Technologies Stock Performance

Shares of GTEC stock opened at $2.12 on Thursday. The business has a 50 day simple moving average of $2.30 and a 200 day simple moving average of $1.97. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.68 and a quick ratio of 1.31. The firm has a market capitalization of $28.82 million, a price-to-earnings ratio of -2.23 and a beta of 1.43. Greenland Technologies has a 12-month low of $1.36 and a 12-month high of $3.84.

Greenland Technologies Company Profile

Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, including electric wheeled front loader, electric excavator, and electric lithium forklifts; and provides charging solutions.