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The closing price of Guardant Health Inc (NASDAQ: GH) was $20.84 for the day, down -2.53% from the previous closing price of $21.38. In other words, the price has decreased by -$2.53 from its previous closing price. On the day, 1.43 million shares were traded. GH stock price reached its highest trading level at $21.475 during the session, while it also had its lowest trading level at $20.76.
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 2563778560 and an Enterprise Value of 2918736128. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.98. Its current Enterprise Value per Revenue stands at 4.534 whereas that against EBITDA is -7.637.
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 -14.97%, while the 200-Day Moving Average is calculated to be -13.74%.
Shares Statistics:
GH traded an average of 2.24M shares per day over the past three months and 1425750 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 97.22% stake in the company. Shares short for GH as of 1727654400 were 13690331 with a Short Ratio of 6.12, compared to 1724976000 on 11117598. Therefore, it implies a Short% of Shares Outstanding of 13690331 and a Short% of Float of 11.6000004.
