Graybug Vision Inc. (NASDAQ: GRAY) is -63.39% lower on its value in year-to-date trading and has touched a low of $0.63 and a high of $2.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GRAY stock was last observed hovering at around $0.75 in the last trading session, with the day’s loss setting it -0.08% off its average median price target of $2.00 for the next 12 months. It is also 66.5% off the consensus price target high of $2.00 offered by 1 analysts, but current levels are 66.5% higher than the price target low of $2.00 for the same period.
Currently trading at $0.67, the stock is -30.77% and -31.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -10.07% at the moment leaves the stock -35.68% off its SMA200. GRAY registered -75.28% loss for a year compared to 6-month gain of -18.69%.
The stock witnessed a -31.67% loss in the last 1 month and extending the period to 3 months gives it a -33.99%, and is -29.16% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.12% over the week and 7.25% over the month.
Distance from 52-week low is 6.33% and -77.13% from its 52-week high.
Graybug Vision Inc. (GRAY) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Graybug Vision Inc. (GRAY) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.70, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to shrink by -2.40% this year
Graybug Vision Inc. (GRAY) Top Institutional Holders
The shares outstanding are 21.54M, and float is at 19.79M with Short Float at 0.29%.
Graybug Vision Inc. (GRAY) Insider Activity
A total of 9 insider transactions have happened at Graybug Vision Inc. (GRAY) in the last six months, with sales accounting for 4 and purchases happening 5 times. The most recent transaction is an insider sale by BREUIL ROBERT S, the company’s Chief Financial Officer. SEC filings show that BREUIL ROBERT S sold 2,188 shares of the company’s common stock on Mar 31 at a price of $1.25 per share for a total of $2735.0. Following the sale, the insider now owns 20529.0 shares.