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The price of Guardant Health Inc (NASDAQ: GH) closed at $23.77 in the last session, up 0.17% from day before closing price of $23.73. In other words, the price has increased by $0.17 from its previous closing price. On the day, 1.91 million shares were traded. GH stock price reached its highest trading level at $24.28 during the session, while it also had its lowest trading level at $23.49.
Ratios:
We take a closer look at GH’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.07 and its Current Ratio is at 6.40.
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 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 2924232960 and an Enterprise Value of 3279190784. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.54. Its current Enterprise Value per Revenue stands at 5.093 whereas that against EBITDA is -8.58.
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 -19.67%, while the 200-Day Moving Average is calculated to be -3.66%.
Shares Statistics:
According to the various share statistics, GH traded on average about 2.05M shares per day over the past 3-months and 2632270 shares per day over the past 10 days. A total of 121.63M shares are outstanding, with a floating share count of 116.88M. Insiders hold about 4.99% of the company’s shares, while institutions hold 95.30% stake in the company. Shares short for GH as of 1723680000 were 9387842 with a Short Ratio of 4.57, compared to 1721001600 on 6842675. Therefore, it implies a Short% of Shares Outstanding of 9387842 and a Short% of Float of 7.95.
