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GDS Holdings (GDS) Looks Good: Stock Adds 11.8% in Session

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GDS Holdings Limited (GDS - Free Report) was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $22.16 –$28.10 in the past one-month time frame, witnessed a sharp increase yesterday.

The move came after the company reported solid third-quarter 2018 results.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

GDS Holdings currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

GDS HOLDINGS Price

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