Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Guardant Health Inc’s stock clocked out at $19.10, up 1.17% from its previous closing price of $18.88. In other words, the price has increased by $1.17 from its previous closing price. On the day, 1.06 million shares were traded. GH stock price reached its highest trading level at $19.48 during the session, while it also had its lowest trading level at $18.96.
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 6.24 and its Current Ratio is at 6.54. In the meantime, Its Debt-to-Equity ratio is 8.53 whereas as Long-Term Debt/Eq ratio is at 8.36.
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 Mar 18 ’24 when Kalia Kumud bought 2,187 shares for $17.82 per share. The transaction valued at 38,963 led to the insider holds 12,722 shares of the business.
Joyce Meghan V. sold 100 shares of GH for $1,905 on Mar 04 ’24. The Director now owns 4,521 shares after completing the transaction at $19.05 per share. On Dec 04 ’23, another insider, Joyce Meghan V., who serves as the Director of the company, sold 100 shares for $26.34 each. As a result, the insider received 2,634 and left with 4,422 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 2328003584 and an Enterprise Value of 2509842944. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.13 while its Price-to-Book (P/B) ratio in mrq is 14.64. Its current Enterprise Value per Revenue stands at 4.45 whereas that against EBITDA is -5.752.
Stock Price History:
Over the past 52 weeks, GH has reached a high of $41.06, while it has fallen to a 52-week low of $15.81. The 50-Day Moving Average of the stock is 4.03%, while the 200-Day Moving Average is calculated to be -26.22%.
Shares Statistics:
It appears that GH traded 1.91M shares on average per day over the past three months and 1416840 shares per day over the past ten days. A total of 121.63M shares are outstanding, with a floating share count of 116.04M. Insiders hold about 4.79% of the company’s shares, while institutions hold 92.67% stake in the company. Shares short for GH as of 1713139200 were 9556452 with a Short Ratio of 4.99, compared to 1710460800 on 7757975. Therefore, it implies a Short% of Shares Outstanding of 9556452 and a Short% of Float of 8.180001.
