For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Gossamer Bio Inc’s stock clocked out at $1.21, down -0.82% from its previous closing price of $1.22. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 1.14 million shares were traded.
Ratios:
To gain a deeper understanding of GOSS’s stock, we examine its different ratios. 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.60 while its Price-to-Book (P/B) ratio in mrq is 5.06.
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 $0.50. The 50-Day Moving Average of the stock is 12.01%, while the 200-Day Moving Average is calculated to be 32.12%.
Shares Statistics:
A total of 226.60M shares are outstanding, with a floating share count of 182.10M. Insiders hold about 19.64% of the company’s shares, while institutions hold 59.09% stake in the company.
