Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Gossamer Bio Inc’s current trading price is -37.77% away from its 52-week high, while its distance from the 52-week low is 158.56%. The stock’s price range over this period has fluctuated between $0.45 and $1.88. The company, operating within the financial sector, had a trading volume of approximately 2.22 million for the day, which was noticeably higher than the average daily share volume of 1.08 million over the last 3 months.
Gossamer Bio Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $1.88 on 07/20/23, while the lowest price for the same period was registered at $0.45 on 10/24/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gossamer Bio Inc (GOSS) has experienced a quarterly rise of 34.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 263.93M and boasts a workforce of 135 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9872, with a change in price of +0.6900. Similarly, Gossamer Bio Inc recorded 1,483,476 in trading volume during the last 100 days, posting a change of +143.75%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GOSS stands at 3.38. Similarly, the long-term debt-to-equity ratio is also 3.15.
GOSS Stock Stochastic Average
Today’s raw stochastic average for Gossamer Bio Inc over the last 50 days is 48.87%.This indicates a increase from the raw stochastic average of the past 20 days, which was 12.24%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 15.75% and 25.66%, respectively.
GOSS Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 28.22%.However, over the last six months, we can see a weaker performance of 48.97%. Over the last 30 days, the price of GOSS has leaped by -4.88%. And in the last five days, it has fallen by -13.33%.
