Global Sources Ltd. (NASDAQ:GSOL):
Global Sources 2016 fall trade shows in Hong Kong to feature more than 8,500 booths of electronics, gifts, home and fashion items.
The company is down by -0.82 percent from yesterday’s close.
Shares are trading at $8.43 a bit lower than the 50 day moving average which is $8.56 and just below the 200 day moving average of $8.63. The 50 day moving average went down $-0.13 or -1.56% and the 200 day average went down by -2.29%.
Global Sources Ltd. currently has a P/E ratio of 8.97 and the market value is 201.19M.
Traders are feeling more bullish on Global Sources Ltd. looking at the change in short interest. The company had a fall in short interest of -0.02% as of September 15, 2016 from the last reporting period. Short shares decreased from 128,660 to 125,513 over that period. The days to cover increased to 10.2 and the percentage of shorted shares was 0.01% on September 15.