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The price of Gossamer Bio Inc (NASDAQ: GOSS) closed at $0.99 in the last session, down -0.61% from day before closing price of $1.00. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 0.54 million shares were traded. GOSS stock price reached its highest trading level at $1.03 during the session, while it also had its lowest trading level at $0.9847.
Ratios:
We take a closer look at GOSS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 8.21 and its Current Ratio is at 8.21. In the meantime, Its Debt-to-Equity ratio is 2.44 whereas as Long-Term Debt/Eq ratio is at 2.42.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 224847024 and an Enterprise Value of 70616256. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 2.76. Its current Enterprise Value per Revenue stands at 0.737 whereas that against EBITDA is -1.035.
Stock Price History:
Over the past 52 weeks, GOSS has reached a high of $1.60, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is 6.31%, while the 200-Day Moving Average is calculated to be 6.20%.
Shares Statistics:
According to the various share statistics, GOSS traded on average about 1.54M shares per day over the past 3-months and 988000 shares per day over the past 10 days. A total of 225.41M shares are outstanding, with a floating share count of 186.86M. Insiders hold about 17.40% of the company’s shares, while institutions hold 66.57% stake in the company. Shares short for GOSS as of 1724976000 were 9083697 with a Short Ratio of 5.90, compared to 1722384000 on 9622408. Therefore, it implies a Short% of Shares Outstanding of 9083697 and a Short% of Float of 4.14.
