Guardant Health Inc Inc. (GH) Price Performance: A Fundamental Analysis Perspective

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -23.14%. However, over the last six months, the performance has been stronger by -29.86%. The price of GH increased 9.59% over the last 30 days. And in the last five days, it has surged by 21.37%.

Guardant Health Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $41.06 on 08/30/23, while the lowest price for the same period was registered at $16.92 on 03/26/24.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

52-week price history of GH Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Guardant Health Inc’s current trading price is -49.37% away from its 52-week high, while its distance from the 52-week low is 22.91%. The stock’s price range during this period has varied between$16.92 and $41.06. The Guardant Health Inc’s shares, which operate in the Healthcare, saw a trading volume of around 6.45 million for the day, a figure considerably higher than their average daily volume of 1.78 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Guardant Health Inc (GH) has experienced a quarterly decline of -23.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.53B and boasts a workforce of 1779 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 22.97, with a change in price of -6.95. Similarly, Guardant Health Inc recorded 1,770,603 in trading volume during the last 100 days, posting a change of -25.05%.

GH’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GH stands at 8.53. Similarly, the long-term debt-to-equity ratio is also 8.36.

GH Stock Stochastic Average

As of today, Guardant Health Inc’s raw stochastic average for the last 50 days stands at 52.12%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 68.52%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 84.04% and 83.82%, respectively.

On Key

Related Posts