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After finishing at $142.94 in the prior trading day, Glaukos Corporation (NYSE: GKOS) closed at $140.73, down -1.55%. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 0.6 million shares were traded. GKOS stock price reached its highest trading level at $143.915 during the session, while it also had its lowest trading level at $139.605.
Ratios:
Our goal is to gain a better understanding of GKOS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.71 and its Current Ratio is at 5.54. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.
On May 06, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $84 to $125.
JP Morgan Upgraded its Neutral to Overweight on December 21, 2023, whereas the target price for the stock was revised from $66 to $91.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 30 ’24 when Gilliam Joseph E sold 2,275 shares for $138.97 per share. The transaction valued at 316,157 led to the insider holds 102,169 shares of the business.
Gilliam Joseph E bought 2,500 shares of GKOS for $347,421 on Oct 30 ’24. On Sep 09 ’24, another insider, Kliman Gilbert H, who serves as the Director of the company, sold 3,000 shares for $130.67 each. As a result, the insider received 392,000 and left with 32,336 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, GKOS now has a Market Capitalization of 7759485952 and an Enterprise Value of 7774623744. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.53 while its Price-to-Book (P/B) ratio in mrq is 11.60. Its current Enterprise Value per Revenue stands at 21.575 whereas that against EBITDA is -96.378.
Stock Price History:
Over the past 52 weeks, GKOS has reached a high of $146.86, while it has fallen to a 52-week low of $59.22. The 50-Day Moving Average of the stock is 5.68%, while the 200-Day Moving Average is calculated to be 22.24%.
Shares Statistics:
The stock has traded on average 528.25K shares per day over the past 3-months and 411860 shares per day over the last 10 days, according to various share statistics. A total of 55.14M shares are outstanding, with a floating share count of 53.13M. Insiders hold about 3.64% of the company’s shares, while institutions hold 99.78% stake in the company. Shares short for GKOS as of 1730332800 were 2638586 with a Short Ratio of 5.00, compared to 1727654400 on 3154784. Therefore, it implies a Short% of Shares Outstanding of 2638586 and a Short% of Float of 7.670000000000001.
