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The closing price of Glaukos Corporation (NYSE: GKOS) was $133.00 for the day, down -0.66% from the previous closing price of $133.89. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 0.58 million shares were traded. GKOS stock price reached its highest trading level at $136.605 during the session, while it also had its lowest trading level at $132.0.
Ratios:
Our analysis of GKOS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.67 and its Current Ratio is at 5.48. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.
On May 06, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $84 to $125.
JP Morgan Upgraded its Neutral to Overweight on December 21, 2023, whereas the target price for the stock was revised from $66 to $91.
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 Aug 21 ’24 when Gilliam Joseph E sold 5,000 shares for $129.36 per share. The transaction valued at 646,791 led to the insider holds 102,169 shares of the business.
Gilliam Joseph E bought 5,000 shares of GKOS for $646,803 on Aug 21 ’24. On Aug 15 ’24, another insider, Stapley Marc, who serves as the Director of the company, sold 6,250 shares for $125.93 each. As a result, the insider received 787,086 and left with 34,076 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, GKOS now has a Market Capitalization of 7357320704 and an Enterprise Value of 7201951232. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.39 while its Price-to-Book (P/B) ratio in mrq is 10.96. Its current Enterprise Value per Revenue stands at 21.075 whereas that against EBITDA is -85.167.
Stock Price History:
Over the past 52 weeks, GKOS has reached a high of $136.36, while it has fallen to a 52-week low of $59.22. The 50-Day Moving Average of the stock is 8.92%, while the 200-Day Moving Average is calculated to be 34.57%.
Shares Statistics:
GKOS traded an average of 550.43K shares per day over the past three months and 477760 shares per day over the past ten days. A total of 54.95M shares are outstanding, with a floating share count of 52.96M. Insiders hold about 3.62% of the company’s shares, while institutions hold 100.40% stake in the company. Shares short for GKOS as of 1723680000 were 2557922 with a Short Ratio of 4.65, compared to 1721001600 on 2423314. Therefore, it implies a Short% of Shares Outstanding of 2557922 and a Short% of Float of 7.48.
