Ratios Revealed: Decoding Guardant Health Inc (GH)’s Financial Health

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

The closing price of Guardant Health Inc (NASDAQ: GH) was $35.10 for the day, up 2.12% from the previous closing price of $34.37. In other words, the price has increased by $2.12 from its previous closing price. On the day, 1.02 million shares were traded. GH stock price reached its highest trading level at $35.5645 during the session, while it also had its lowest trading level at $34.53.

Ratios:

Our analysis of GH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.85 and its Current Ratio is at 6.22.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 18 ’24 when Kalia Kumud sold 7,000 shares for $29.25 per share. The transaction valued at 204,722 led to the insider holds 17,744 shares of the business.

Kalia Kumud bought 7,000 shares of GH for $204,722 on Nov 18 ’24. On Nov 13 ’24, another insider, Joyce Meghan V., who serves as the Director of the company, sold 2,896 shares for $29.90 each. As a result, the insider received 86,595 and left with 7,648 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 4336780288 and an Enterprise Value of 4645832704. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.40. Its current Enterprise Value per Revenue stands at 6.711 whereas that against EBITDA is -12.026.

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 41.49%, while the 200-Day Moving Average is calculated to be 42.40%.

Shares Statistics:

GH traded an average of 2.12M shares per day over the past three months and 2287080 shares per day over the past ten days. A total of 121.63M shares are outstanding, with a floating share count of 117.83M. Insiders hold about 4.63% of the company’s shares, while institutions hold 102.98% stake in the company. Shares short for GH as of 1731628800 were 9392065 with a Short Ratio of 4.44, compared to 1728950400 on 13683984. Therefore, it implies a Short% of Shares Outstanding of 9392065 and a Short% of Float of 7.920000000000001.

Most Popular