Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Gossamer Bio Inc (NASDAQ: GOSS) closed the day trading at $0.78 down -2.75% from the previous closing price of $0.81. In other words, the price has decreased by -$2.75 from its previous closing price. On the day, 0.67 million shares were traded. GOSS stock price reached its highest trading level at $0.8499 during the session, while it also had its lowest trading level at $0.769.
Ratios:
For a better understanding of GOSS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.94 and its Current Ratio is at 5.94. In the meantime, Its Debt-to-Equity ratio is 3.38 whereas as Long-Term Debt/Eq ratio is at 3.15.
On July 27, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $8 to $1.25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 27 ’24 when Hasnain Faheem sold 23,172 shares for $1.16 per share. The transaction valued at 26,773 led to the insider holds 120,293 shares of the business.
Giraudo Bryan sold 6,430 shares of GOSS for $7,431 on Mar 27 ’24. The COO/CFO now owns 92,737 shares after completing the transaction at $1.16 per share. On Mar 27 ’24, another insider, Christian Waage, who serves as the EVP, Tech Ops and Admin of the company, sold 6,430 shares for $1.16 each. As a result, the insider received 7,430 and left with 585,934 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOSS now has a Market Capitalization of 176811168 and an Enterprise Value of 92850368.
Stock Price History:
Over the past 52 weeks, GOSS has reached a high of $1.88, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -33.42%, while the 200-Day Moving Average is calculated to be -21.16%.
Shares Statistics:
Over the past 3-months, GOSS traded about 1.29M shares per day on average, while over the past 10 days, GOSS traded about 1183660 shares per day. A total of 225.41M shares are outstanding, with a floating share count of 188.87M. Insiders hold about 16.27% of the company’s shares, while institutions hold 79.45% stake in the company. Shares short for GOSS as of 1711584000 were 10763954 with a Short Ratio of 8.33, compared to 1709164800 on 14301960. Therefore, it implies a Short% of Shares Outstanding of 10763954 and a Short% of Float of 5.609999999999999.
Earnings Estimates
At present, Gossamer Bio, Inc. analysts are actively evaluating the performance of Gossamer Bio Inc (GOSS) in the stock market.The consensus estimate for the next quarter is $11.42, with high estimates of $1.99 and low estimates of $2.78.
