Green Dragon Gas Ltd.’s Trend Down, Especially After Today’s Weak Session

 Green Dragon Gas Ltd.'s Trend Down, Especially After Today's Weak Session

The stock of Green Dragon Gas Ltd. (LON:GDG) is a huge mover today! The stock closed at GBX 192.5 during the last session. It is down 27.36% since May 2, 2016 and is downtrending. It has underperformed by 32.62% the S&P500.
The move comes after 8 months negative chart setup for the GBX 303.47M company. It was reported on Nov, 29 by Barchart.com. We have GBX 179.03 PT which if reached, will make LON:GDG worth GBX 21.24 million less.

Green Dragon Gas Ltd. (LON:GDG) Ratings Coverage

Out of 3 analysts covering Green Dragon Gas Ltd (LON:GDG), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Green Dragon Gas Ltd has been the topic of 13 analyst reports since July 23, 2015 according to StockzIntelligence Inc. As per Wednesday, August 26, the company rating was maintained by Cantor Fitzgerald. The firm has “Buy” rating given on Wednesday, February 3 by Cantor Fitzgerald. The stock of Green Dragon Gas Ltd. (LON:GDG) earned “Buy” rating by Cantor Fitzgerald on Monday, August 17. Peel Hunt maintained the shares of GDG in a report on Wednesday, February 3 with “Buy” rating. As per Thursday, October 13, the company rating was downgraded by Peel Hunt. The firm earned “Buy” rating on Thursday, July 23 by Cantor Fitzgerald. As per Monday, April 4, the company rating was maintained by Peel Hunt. Peel Hunt maintained the stock with “Buy” rating in Thursday, November 26 report. The firm has “Buy” rating by Peel Hunt given on Tuesday, October 4. The rating was maintained by Cantor Fitzgerald on Monday, January 4 with “Buy”.

More news for Green Dragon Gas Ltd. (LON:GDG) were recently published by: Fool.Co.Uk, which released: “Are Green Dragon Gas Ltd., Centrica PLC And Lamprell Plc About To Mount …” on January 25, 2016. Fool.Co.Uk‘s article titled: “Why Are Green Dragon Gas Ltd, Falkland Oil and Gas Limited & Range Resources …” and published on August 17, 2015 is yet another important article.

Green Dragon Gas Ltd. is a Hong Kong investment holding company. The company has a market cap of 303.47 million GBP. The Company, through its subsidiaries, is engaged in the exploration, development and production of coal bed methane in the People’s Republic of China . It currently has negative earnings. The coal bed methane activities in the PRC are conducted through production sharing arrangements with China United Coal Bed Methane Corporation Ltd. and PetroChina Company Limited.

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