Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Gossamer Bio Inc (NASDAQ: GOSS) closed at $1.24 up 5.98% from its previous closing price of $1.17. In other words, the price has increased by $5.98 from its previous closing price. On the day, 1.95 million shares were traded. GOSS stock price reached its highest trading level at $1.24 during the session, while it also had its lowest trading level at $1.1.
Ratios:
For a deeper understanding of Gossamer Bio Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 280988960 and an Enterprise Value of 157581136. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67 while its Price-to-Book (P/B) ratio in mrq is 5.19. Its current Enterprise Value per Revenue stands at 1.496 whereas that against EBITDA is -2.55.
Stock Price History:
The Beta on a monthly basis for GOSS is 1.90, which has changed by 0.20992756 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. 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 36.37%, while the 200-Day Moving Average is calculated to be 42.79%.
Shares Statistics:
For the past three months, GOSS has traded an average of 1.47M shares per day and 1211570 over the past ten days. A total of 226.60M shares are outstanding, with a floating share count of 174.03M. Insiders hold about 23.20% of the company’s shares, while institutions hold 61.48% stake in the company. Shares short for GOSS as of 1738281600 were 5811407 with a Short Ratio of 4.25, compared to 1735603200 on 6118359. Therefore, it implies a Short% of Shares Outstanding of 5811407 and a Short% of Float of 2.6400002.
