Streetbeat News

GTEC

Greenland Technologies Holding Corporation

https://ir.gtec-tech.com

Industry

Industrial - Machinery

Greenland Technologies Holding Corporation develops, manufactures, and sells drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles. The company offers transmission products for forklift trucks that are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports. It also develops robotic cargo carriers. The company was founded in 2006 and is based in East Windsor, New Jersey.

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Greenland Technologies shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:12 pm

Shares of Greenland Technologies Holding Corporation (NASDAQ:GTEC) surged 40.2% in pre-market trading after reporting better-than-expected Q2 EPS results. Other notable pre-market movers include Cingulate Inc. (NASDAQ:CING) up 81.3%, Seelos Therapeutics, Inc. (NASDAQ:SEEL) up 48.4%, and Shimmick Corporation (NASDAQ:SHIM) down 25.9%.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 10:55 am

Greenland Technologies shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:21 pm

Greenland Technologies (NASDAQ:GTEC) reported Q2 2024 earnings per share (EPS) of $0.34, significantly beating the analyst estimate of $0.04. However, the company's sales of $23.017 million missed the $27.000 million estimate and were down 2.34% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:05 pm

Shares of companies within the broader industrial sector are trading higher following positive Core Retail Sales and Retail Sales economic data. Additionally, trader optimism about potential Fed rate cuts is contributing to the sector's strength.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 6:14 pm

Greenland Technologies (GTEC) and Lonking have announced a partnership to develop the U.S. heavy machinery industry with HEVI electric equipment.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 11:03 am

The article lists industrial stocks that moved significantly during Thursday's pre-market session. Notable gainers include Zoomcar Holdings (ZCAR), Greenwave Tech Solns (GWAV), Expion360 (XPON), Nuburu (BURU), Volato Group (SOAR), and Cadeler (CDLR). Significant losers include Titan Machinery (TITN), Nxu (NXU), Jayud Global Logistics (JYD), Greenland Technologies (GTEC), Exela Technologies (XELA), and Swvl Hldgs (SWVL).

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 12:06 pm

Greenland Technologies (NASDAQ:GTEC) reported Q1 2024 earnings per share (EPS) of $0.18, significantly beating the analyst estimate of $0.03. However, the company's sales of $22.724 million slightly missed the estimate of $23.000 million.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 1:24 pm

In Wednesday's intraday session, notable movements were observed in the industrials stocks sector. Ryde Group (RYDE) led the gainers with a 73.9% increase, while iSun (ISUN) experienced the largest drop among the losers, declining by 23.8%. Other significant movements included CEA Industries (CEAD) and Beam Global (BEEM) with substantial gains, and SolarMax Technology (SMXT) and Greenland Technologies (GTEC) with notable losses. Earnings reports released around this period appear to have influenced stock performances, with companies like Beam Global, Agrify, United Airlines Holdings, iSun, and Greenland Technologies releasing their quarterly results.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:31 pm

In Wednesday's pre-market session, several industrials stocks showed significant movement. Agrify (AGFY) led the gainers with a 65.9% increase following its Q4 earnings report. Other notable gainers include Pineapple Energy (PEGY), Complete Solaria (CSLR), and Beam Global (BEEM), with their stocks rising due to various factors. On the losing side, iSun (ISUN) experienced the largest drop of 12.7% after its Q4 earnings release, followed by Castor Maritime (CTRM) and Dragonfly Energy Holdings (DFLI). The movements were largely influenced by recent earnings reports.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 12:08 pm

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