Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Gossamer Bio Inc’s current trading price is -28.13% away from its 52-week high, while its distance from the 52-week low is 130.32%. The stock’s price range during this period has varied between $0.50 and $1.60. The company, active in the Healthcare sector, saw a trading volume of around 3.08 million for the day, considerably higher average daily volume of 1.39 million observed over the last three months.
Gossamer Bio Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $1.60 on 03/07/24, and the lowest price during the same period was recorded at $0.50 on 06/10/24.
How Financial Performance Impacts Market Capitalization
Gossamer Bio Inc (GOSS) has experienced a quarterly rise of 31.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 260.60M and boasts a workforce of 135 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8966, with a change in price of +0.2599. Similarly, Gossamer Bio Inc recorded 1,198,738 in trading volume during the last 100 days, posting a change of +29.20%.
How GOSS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GOSS stands at 3.76. Similarly, the long-term debt-to-equity ratio is also 3.73.
GOSS Stock Stochastic Average
As of today, the raw stochastic average of Gossamer Bio Inc over the past 50 days is 90.71%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 86.67%. Additionally, the Stochastic %K and %D values for the company were 66.45% and 55.98%, respectively, over the past 20 days.
GOSS Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 27.13%.However, over the last six months, we can see a weaker performance of 45.51%. Over the last 30 days, the price of GOSS has fallen by 12.75%. And in the last five days, it has surged by 25.19%.
