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After finishing at $117.89 in the prior trading day, Glaukos Corporation (NYSE: GKOS) closed at $117.17, down -0.61%. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 0.84 million shares were traded. GKOS stock price reached its highest trading level at $119.815 during the session, while it also had its lowest trading level at $116.13.
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 4.68 and its Current Ratio is at 5.38. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.85.
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 Jul 05 ’24 when Gilliam Joseph E sold 2,250 shares for $121.39 per share. The transaction valued at 273,128 led to the insider holds 101,845 shares of the business.
Gilliam Joseph E sold 2,500 shares of GKOS for $283,751 on Jun 03 ’24. The PRESIDENT & COO now owns 101,845 shares after completing the transaction at $113.50 per share. On May 30 ’24, another insider, Kliman Gilbert H, who serves as the Director of the company, sold 5,000 shares for $112.00 each. As a result, the insider received 560,000 and left with 30,620 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 6497650688 and an Enterprise Value of 6047404544. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.08 while its Price-to-Book (P/B) ratio in mrq is 12.96. Its current Enterprise Value per Revenue stands at 18.526 whereas that against EBITDA is -69.524.
Stock Price History:
Over the past 52 weeks, GKOS has reached a high of $126.96, while it has fallen to a 52-week low of $59.22. The 50-Day Moving Average of the stock is 1.00%, while the 200-Day Moving Average is calculated to be 27.29%.
Shares Statistics:
The stock has traded on average 511.70K shares per day over the past 3-months and 621820 shares per day over the last 10 days, according to various share statistics. A total of 49.12M shares are outstanding, with a floating share count of 48.38M. Insiders hold about 3.95% of the company’s shares, while institutions hold 105.47% stake in the company. Shares short for GKOS as of 1721001600 were 2423314 with a Short Ratio of 4.74, compared to 1718323200 on 3210929. Therefore, it implies a Short% of Shares Outstanding of 2423314 and a Short% of Float of 7.1499999999999995.
