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A Tale of Resilience: Gossamer Bio Inc Amid Stock Market Turbulence

Gossamer Bio Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.88 on 07/20/23 and a low of $0.45 for the same time frame on 10/24/23.

52-week price history of GOSS Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Gossamer Bio Inc’s current trading price is -62.30% away from its 52-week high, while its distance from the 52-week low is 56.64%. The stock’s price range during the 52-week period has remained between $0.45 and $1.88. In the Healthcare sector, the company’s shares saw a trading volume of around 5.2 million for the day, which was evidently higher than the average daily volume of 1.84 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Gossamer Bio Inc (GOSS) has experienced a quarterly decline of -46.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 160.34M and boasts a workforce of 135 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9259, with a change in price of -0.1849. Similarly, Gossamer Bio Inc recorded 1,677,219 in trading volume during the last 100 days, posting a change of -21.40%.

Examining GOSS’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for GOSS stands at 7.82. Similarly, the long-term debt-to-equity ratio is also 7.37.

GOSS Stock Stochastic Average

Gossamer Bio Inc’s raw stochastic average for the past 50 days is presently 35.35%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 99.45%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 52.07% and 31.50%, respectively.

GOSS Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price loss of -22.32% this year. Over the last six months, there has been a stronger performance of -21.24%. The price of GOSS fallen by 5.79% during the last 30 days period. For the last 5-days stocks have improved 37.18%.

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