Financial Analysis: Guardant Health Inc (GH)’s Ratios Unveil Key Insights

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As of close of business last night, Guardant Health Inc’s stock clocked out at $29.73, up 1.26% from its previous closing price of $29.36. In other words, the price has increased by $1.26 from its previous closing price. On the day, 1.92 million shares were traded. GH stock price reached its highest trading level at $30.1799 during the session, while it also had its lowest trading level at $29.09.

Ratios:

To gain a deeper understanding of GH’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.85 and its Current Ratio is at 6.22.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 12 ’24 when CLARK IAN T bought 8,318 shares for $29.45 per share.

Joyce Meghan V. sold 100 shares of GH for $2,787 on Jun 04 ’24. The Director now owns 4,621 shares after completing the transaction at $27.87 per share. On Mar 18 ’24, another insider, Kalia Kumud, who serves as the Chief Information Officer of the company, bought 2,187 shares for $17.82 each. As a result, the insider paid 38,963 and bolstered with 12,722 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 3673289984 and an Enterprise Value of 3982344704. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.31. Its current Enterprise Value per Revenue stands at 5.753 whereas that against EBITDA is -10.309.

Stock Price History:

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 27.55%, while the 200-Day Moving Average is calculated to be 23.20%.

Shares Statistics:

It appears that GH traded 2.11M shares on average per day over the past three months and 2517410 shares per day over the past ten days. A total of 121.63M shares are outstanding, with a floating share count of 118.22M. Insiders hold about 4.32% of the company’s shares, while institutions hold 103.37% stake in the company. Shares short for GH as of 1728950400 were 13683984 with a Short Ratio of 4.86, compared to 1726185600 on 11351165. Therefore, it implies a Short% of Shares Outstanding of 13683984 and a Short% of Float of 11.59.

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