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The closing price of Guardant Health Inc (NASDAQ: GH) was $21.35 for the day, down -3.66% from the previous closing price of $22.16. In other words, the price has decreased by -$3.66 from its previous closing price. On the day, 1.94 million shares were traded. GH stock price reached its highest trading level at $22.15 during the session, while it also had its lowest trading level at $21.17.
Ratios:
Our analysis of GH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.07 and its Current Ratio is at 6.40.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 04 ’24 when Joyce Meghan V. sold 100 shares for $27.87 per share. The transaction valued at 2,787 led to the insider holds 4,621 shares of the business.
Kalia Kumud bought 2,187 shares of GH for $38,963 on Mar 18 ’24. The Chief Information Officer now owns 12,722 shares after completing the transaction at $17.82 per share. On Mar 04 ’24, another insider, Joyce Meghan V., who serves as the Director of the company, sold 100 shares for $19.05 each. As a result, the insider received 1,905 and left with 4,521 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, GH now has a Market Capitalization of 2626519808 and an Enterprise Value of 2981477376. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.08. Its current Enterprise Value per Revenue stands at 4.631 whereas that against EBITDA is -7.801.
Stock Price History:
The Beta on a monthly basis for GH is 1.10, which has changed by -0.22868085 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, GH has reached a high of $37.04, while it has fallen to a 52-week low of $15.81. The 50-Day Moving Average of the stock is -21.13%, while the 200-Day Moving Average is calculated to be -12.84%.
Shares Statistics:
GH traded an average of 2.23M shares per day over the past three months and 1596850 shares per day over the past ten days. A total of 121.63M shares are outstanding, with a floating share count of 117.72M. Insiders hold about 4.31% of the company’s shares, while institutions hold 95.51% stake in the company. Shares short for GH as of 1726185600 were 11351165 with a Short Ratio of 5.08, compared to 1723680000 on 9387842. Therefore, it implies a Short% of Shares Outstanding of 11351165 and a Short% of Float of 9.62.
