Does selling Global Sources Ltd. (NASDAQ:GSOL) in order?

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The EPS of $0.38 that Global Sources Ltd. (NASDAQ:GSOL) posted in the previous quarter came from sales of 75.85M%. Sales increased -11.80%% from the prior quarter, whereas EPS increased 19.60% also from the previous quarter.

To generate 75.85M% in sales, the company invested $49.21M, as the cost of goods sold. The gross margin for the quarter amounted to $26.64M after removing the cost of goods sold out of the sales figure.

Let?s look into the stock charts.

The Barchart Technical Opinion rating is a 96% Buy with a Average short term outlook on maintaining the current direction. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend. The market is in highly overbought territory. Beware of a trend reversal.

Can Global Sources Ltd. fund its operations in the predictable future? The firm closed the previous quarter with cash balance of 88.75M%. It recorded free cash flow of $- in the quarter, with operating activities resulting in $- in net cash flow.

Digging deeper into Global Sources Ltd.’s liquidity, you note that its current ratio closing the most recent quarter was 1.30, which quick ratio for the equivalent period was 1.30.

Global Sources Ltd. closed the quarter with debt of -%, indicating that debt increased/decreased by falling from the previous quarter.

That said, the firm’s long-term debt/equity was at 0.00 while and debt/equity ratios was 0.00, respectively.

Global Sources Ltd.’s total assets at the close of the latest quarter were $271.45M, while total liabilities were $105.48M.

Analysts have an average recommendation of 2.00 on the stock Global Sources Ltd.. In deciphering the analyst call, investors should keep in mind that a call of 1 signifies BUY, 3 implies HOLD and 5 indicates SELL.

As for the price target, market analysts are projecting the stock to hit $10.00 by the close of the imminent 12 months. Considering the stock’s current price of $20.90, you can see what market analyst expect to occur to the price in the coming period.

To trade at the existing price of $20.90, the stock has traded in the 52-week range of $168.29% to $-4.13%.

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