Greenland Technologies (GTEC) to Release Quarterly Earnings on Tuesday

Greenland Technologies (NASDAQ:GTEC) is anticipated to release its earnings data before the market opens on Tuesday, April 15th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

Greenland Technologies (NASDAQ:GTEC) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.37. The company had revenue of $19.37 million for the quarter, compared to the consensus estimate of $19.00 million. Greenland Technologies had a negative return on equity of 23.51% and a negative net margin of 14.16%. During the same quarter last year, the company earned ($1.20) earnings per share. On average, analysts expect Greenland Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Greenland Technologies Stock Performance

Shares of Greenland Technologies stock opened at $1.57 on Monday. Greenland Technologies has a one year low of $1.17 and a one year high of $2.94. The company has a market capitalization of $21.34 million, a PE ratio of -1.65 and a beta of 1.53. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.31 and a current ratio of 1.68. The company has a 50-day simple moving average of $1.68 and a two-hundred day simple moving average of $2.04.

About Greenland Technologies

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.