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The closing price of Gossamer Bio Inc (NASDAQ: GOSS) was $0.85 for the day, down -8.07% from the previous closing price of $0.92. In other words, the price has decreased by -$8.07 from its previous closing price. On the day, 0.77 million shares were traded. GOSS stock price reached its highest trading level at $0.9413 during the session, while it also had its lowest trading level at $0.825.
Ratios:
Our analysis of GOSS’s different ratios will help us gain a deeper understanding of the company. 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:
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 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 192250832 and an Enterprise Value of 68842952. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 3.55. Its current Enterprise Value per Revenue stands at 0.654 whereas that against EBITDA is -1.114.
Stock Price History:
The Beta on a monthly basis for GOSS is 1.79, which has changed by 0.05606413 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. 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 2.12%, while the 200-Day Moving Average is calculated to be -1.75%.
Shares Statistics:
GOSS traded an average of 1.36M shares per day over the past three months and 1236930 shares per day over the past ten days. 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 1735603200 were 6118359 with a Short Ratio of 4.50, compared to 1732838400 on 6377139. Therefore, it implies a Short% of Shares Outstanding of 6118359 and a Short% of Float of 2.78.
