Galaxy Payroll Group Ltd (GLXG): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Staffing & Employment Services industry segment, falling under the Industrials sector. The current market capitalization of Galaxy Payroll Group Ltd is $19.99M. A total of 1.48 million shares were traded on the day, compared to an average of 1.27M shares.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, GLXG has a high of $16.93 and a low of $0.70.

As of this writing, GLXG has an earnings estimate of $0 per share for the current quarter.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. GLXG’s latest balance sheet shows that the firm has $12.97M in Cash & Short Term Investments as of fiscal 2022. There were $5.04M in debt and $16.57M in liabilities at the time. Its Book Value Per Share was $0.01, while its Total Shareholder’s Equity was $15.20M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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