Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Gossamer Bio Inc’s stock clocked out at $0.83, up 1.77% from its previous closing price of $0.81. In other words, the price has increased by $1.77 from its previous closing price. On the day, 2.36 million shares were traded. GOSS stock price reached its highest trading level at $0.8381 during the session, while it also had its lowest trading level at $0.7921.
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 6.88 and its Current Ratio is at 6.88. In the meantime, Its Debt-to-Equity ratio is 6.88 whereas as Long-Term Debt/Eq ratio is at 6.85.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOSS now has a Market Capitalization of 188002656 and an Enterprise Value of 96366872. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 6.36. Its current Enterprise Value per Revenue stands at 0.84 whereas that against EBITDA is -1.631.
Stock Price History:
The Beta on a monthly basis for GOSS is 1.87, which has changed by 0.16807914 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, GOSS has reached a high of $1.55, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -28.09%, while the 200-Day Moving Average is calculated to be -15.39%.
Shares Statistics:
It appears that GOSS traded 1.53M shares on average per day over the past three months and 1320730 shares per day over the past ten days. A total of 226.60M shares are outstanding, with a floating share count of 182.60M. Insiders hold about 19.64% of the company’s shares, while institutions hold 58.93% stake in the company. Shares short for GOSS as of 1743379200 were 7974056 with a Short Ratio of 5.22, compared to 1740700800 on 5587439. Therefore, it implies a Short% of Shares Outstanding of 7974056 and a Short% of Float of 3.61.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
