For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $1.3 in the prior trading day, Gossamer Bio Inc (NASDAQ: GOSS) closed at $1.25, down -3.85%. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 26.04 million shares were traded. GOSS stock price reached its highest trading level at $1.3298 during the session, while it also had its lowest trading level at $1.2.
Ratios:
Our goal is to gain a better understanding of GOSS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.71 and its Current Ratio is at 5.71.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on June 25, 2024, initiated with a Outperform rating and assigned the stock a target price of $9.
UBS Downgraded its Buy to Neutral on July 27, 2023, whereas the target price for the stock was revised from $8 to $1.25.
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 284127488 and an Enterprise Value of 228980672. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.28. Its current Enterprise Value per Revenue stands at 1.838 whereas that against EBITDA is -4.226.
Stock Price History:
The Beta on a monthly basis for GOSS is 1.88, which has changed by 0.31856537 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, GOSS has reached a high of $1.55, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is 9.78%, while the 200-Day Moving Average is calculated to be 22.07%.
Shares Statistics:
The stock has traded on average 1.54M shares per day over the past 3-months and 3853640 shares per day over the last 10 days, according to various share statistics. A total of 227.22M shares are outstanding, with a floating share count of 182.66M. Insiders hold about 19.64% of the company’s shares, while institutions hold 58.35% stake in the company. Shares short for GOSS as of 1749772800 were 11076527 with a Short Ratio of 7.20, compared to 1747267200 on 10540492. Therefore, it implies a Short% of Shares Outstanding of 11076527 and a Short% of Float of 5.19.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Its stock is currently analyzed by 8.0 different market analysts. The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.15 and low estimates of -$0.21.
Analysts are recommending an EPS of between -$0.61 and -$0.8 for the fiscal current year, implying an average EPS of -$0.69. EPS for the following year is -$0.5, with 8.0 analysts recommending between -$0.11 and -$0.81.
Revenue Estimates
A total of 9 analysts have provided revenue estimates for GOSS’s current fiscal year. The highest revenue estimate was $59.8M, while the lowest revenue estimate was $9.89M, resulting in an average revenue estimate of $26.71M. In the same quarter a year ago, actual revenue was $114.7M
