Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $0.71 in the prior trading day, Gossamer Bio Inc (NASDAQ: GOSS) closed at $0.91, up 27.70%. In other words, the price has increased by $27.70 from its previous closing price. On the day, 16.99 million shares were traded. GOSS stock price reached its highest trading level at $1.1 during the session, while it also had its lowest trading level at $0.762.
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 6.74 and its Current Ratio is at 6.74. In the meantime, Its Debt-to-Equity ratio is 3.76 whereas as Long-Term Debt/Eq ratio is at 3.73.
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.
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 Jun 24 ’24 when Aranda Richard sold 1,908 shares for $0.66 per share. The transaction valued at 1,260 led to the insider holds 196,891 shares of the business.
Hasnain Faheem bought 372,000 shares of GOSS for $250,282 on Jun 21 ’24. The President & CEO now owns 5,408,073 shares after completing the transaction at $0.67 per share. On Jun 18 ’24, another insider, Giraudo Bryan, who serves as the COO/CFO of the company, bought 100,000 shares for $0.59 each. As a result, the insider paid 59,110 and bolstered with 480,010 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 206209648 and an Enterprise Value of 82801768. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 3.81. Its current Enterprise Value per Revenue stands at 0.786 whereas that against EBITDA is -1.34.
Stock Price History:
Over the past 52 weeks, GOSS has reached a high of $1.60, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is 7.31%, while the 200-Day Moving Average is calculated to be 0.07%.
Shares Statistics:
The stock has traded on average 1.02M shares per day over the past 3-months and 1468350 shares per day over the last 10 days, according to various share statistics. A total of 226.60M shares are outstanding, with a floating share count of 174.03M. Insiders hold about 23.20% of the company’s shares, while institutions hold 57.01% stake in the company. Shares short for GOSS as of 1732838400 were 6377139 with a Short Ratio of 6.25, compared to 1730332800 on 6304348. Therefore, it implies a Short% of Shares Outstanding of 6377139 and a Short% of Float of 2.9000001.
