Streetbeat News

GVH

Globavend Holdings Limited

https://www.globavend.com

Industry

Integrated Freight & Logistics

Globavend Holdings Limited, through its subsidiary, provides integrated cross-border logistics services and air freight forwarding services in Hong Kong, Australia, and New Zealand. Its services include parcel consolidation, air freight forwarding, customs clearance, on-carriage parcel transportation, and delivery. It serves e-commerce merchants and operators of e-commerce platforms. The company was founded in 2016 and is based in Perth, Australia. Globavend Holdings Limited operates as subsidiary of Globavend Investments Limited.

Open

0.70

Mkt cap

9.9M

Volume

1K

High

0.72

P/E Ratio

6.80

52-wk high

2.57

Low

0.68

Div yield

N/A

52-wk low

0.47

Globavend Holdings reported a decrease in revenue for the first half of 2024, with $8.4 million compared to $9.4 million year-over-year. However, the company saw an increase in earnings per share, rising to $0.06 from $0.03 in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:07 pm

Globavend Holdings has received a notice from Nasdaq for non-compliance with the $1.00 minimum bid price requirement. The company has until February 12, 2025, to regain compliance, and its ordinary shares will continue trading on the Nasdaq Capital Market.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:16 pm

Pitney Bowes shares surged over 12% in pre-market trading after selling part of its e-commerce business to Stord. Other notable pre-market movers include Cognition Therapeutics, Longeveron, and Abbott Laboratories, among others.

Portfolio Pulse from Avi Kapoor

July 29, 2024 | 9:26 am

The article lists industrial stocks that moved significantly during Tuesday's pre-market session. Nauticus Robotics (KITT), ShiftPixy (PIXY), CPI Aerostructures (CVU), Babcock & Wilcox Enterprises (BWSN), Nuburu (BURU), and MingZhu Logistics Holdings (YGMZ) saw gains, while CoreCivic (CXW), Velo3D (VLD), New Horizon Aircraft (HOVR), Globavend Holdings (GVH), Roma Green Finance (ROMA), and VCI Global (VCIG) experienced losses.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 12:06 pm

The article highlights the pre-market movements of various industrial stocks on Wednesday. Notable gainers include Expion360 (XPON), 3D Sys (DDD), Avalon Holdings (AWX), iPower (IPW), Microvast Holdings (MVST), and GrafTech International (EAF). On the losing side, Vast Renewables (VSTE), Simpple (SPPL), MingZhu Logistics Hldgs (YGMZ), JE Cleantech Hldgs (JCSE), Globavend Holdings (GVH), and Nuburu (BURU) experienced declines.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 12:06 pm

The article highlights the pre-market movements of 12 industrial stocks on Tuesday. Jayud Global Logistics, New Horizon Aircraft, Pineapple Energy, Safe & Green Holdings, Roma Green Finance, and ESGL Holdings saw gains, while MingZhu Logistics, JE Cleantech Holdings, Globavend Holdings, Earlyworks Co, Sentage Holdings, and Primech Holdings experienced declines.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 12:06 pm

The article highlights the intraday movements of various industrial stocks on Thursday. JE Cleantech Holdings, Momentus, American Superconductor, AERWINS Technologies, Nano Nuclear Energy, and Forward Air saw significant gains, while flyExclusive, Pineapple Energy, Nauticus Robotics, Sky Harbour Group, Globavend Holdings, and Getaround experienced notable declines.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 4:32 pm

The article highlights the pre-market movements of 12 industrial stocks on Thursday. Momentus (MNTS) saw the highest gain with a 53.8% increase, while Globavend Holdings (GVH) experienced the largest decline at 17.5%. Other notable gainers include Gaucho Group Holdings (VINO) and American Superconductor (AMSC), while Northann (NCL) and Pineapple Energy (PEGY) were among the losers.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 12:06 pm

The article lists industrial stocks that moved significantly during Wednesday's after-market session. Notable gainers include Graphex Group, JE Cleantech Holdings, and SOS, while Pineapple Energy, Globavend Holdings, and Advent Technologies Holdings were among the losers.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 8:31 pm

Globavend Holdings, Inc. (NASDAQ:GVH) shares are trading higher following the announcement of a nonbinding memorandum of understanding to acquire Top Logistics Australia. The acquisition aligns with Globavend's strategy to expand its presence in Australia, leveraging the growing eCommerce market.

Portfolio Pulse from Dylan Berman

May 29, 2024 | 6:12 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.