GDS Holdings Limited (GDS) Reaches $37.77 High on May, 20; Shorts at INVESTOR AB STOCKHOLM FRIA B ORDINARY SH (IVSBF) Lowered By 11.95%

May 20, 2018 - By Kurt Siggers

Investor AB (OTCMKTS:IVSBF) Logo

The stock of GDS Holdings Limited (NASDAQ:GDS) reached all time high today, May, 20 and still has $40.04 target or 6.00% above today’s $37.77 share price. This indicates more upside for the $3.68B company. This technical setup was reported by Barchart.com. If the $40.04 PT is reached, the company will be worth $220.98 million more. The stock increased 8.63% or $3 during the last trading session, reaching $37.77. About 1.50M shares traded or 118.24% up from the average. GDS Holdings Limited (NASDAQ:GDS) has risen 203.82% since May 20, 2017 and is uptrending. It has outperformed by 192.27% the S&P500.

INVESTOR AB STOCKHOLM FRIA B ORDINARY SH (OTCMKTS:IVSBF) had a decrease of 11.95% in short interest. IVSBF’s SI was 283,800 shares in May as released by FINRA. Its down 11.95% from 322,300 shares previously. With 2,200 avg volume, 129 days are for INVESTOR AB STOCKHOLM FRIA B ORDINARY SH (OTCMKTS:IVSBF)’s short sellers to cover IVSBF’s short positions. The SI to INVESTOR AB STOCKHOLM FRIA B ORDINARY SH’s float is 0.05%. The stock decreased 0.34% or $0.15 during the last trading session, reaching $43.63. About 408 shares traded. Investor AB (OTCMKTS:IVSBF) has 0.00% since May 20, 2017 and is . It has underperformed by 11.55% the S&P500.

Investor AB is a private equity and venture capital firm operating through four business areas including core, private equity, operating, and financial investments. The company has market cap of $33.50 billion. For core investments, the firm invests in health care, care, and education sectors and considers investments in listed companies in leading minority positions. It has a 6.18 P/E ratio. The firm seeks to invest globally and acquire a board seat.

More recent GDS Holdings Limited (NASDAQ:GDS) news were published by: Nasdaq.com which released: “GDS Reports First Quarter 2018 Results” on May 10, 2018. Also Nasdaq.com published the news titled: “GDS to Report First Quarter 2018 Financial Results on Thursday, May 10, 2018” on April 26, 2018. Seekingalpha.com‘s news article titled: “GDS Holdings’ (GDS) CEO William Huang on Q1 2018 Results – Earnings Call Transcript” with publication date: May 10, 2018 was also an interesting one.

GDS Holdings Limited, together with its subsidiaries, designs, builds, and operates data centers in the People's Republic of China. The company has market cap of $3.68 billion. The firm provides colocation, managed hosting, and managed cloud services. It currently has negative earnings. The Company’s data centers service clients that primarily operate in the Internet and banking industries in Shanghai, Beijing, Shenzhen, Guangzhou, and Chengdu.

GDS Holdings Limited (NASDAQ:GDS) Ratings Chart

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