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G1 Therapeutics Inc (GTHX) Stock Could Soon Reward Patient Investors

G1 Therapeutics Inc (NASDAQ: GTHX) is 35.74% higher on its value in year-to-date trading and has touched a low of $1.08 and a high of $5.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GTHX stock was last observed hovering at around $4.00 in the last trading session, with the day’s gains setting it 0.14%.

Currently trading at $4.14, the stock is 23.29% and 19.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing 3.50% at the moment leaves the stock 72.11% off its SMA200. GTHX registered 59.23% gain for a year compared to 6-month gain of 236.59%. The firm has a 50-day simple moving average (SMA 50) of $2.30 and a 200-day simple moving average (SMA200) of -$5.53.

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The stock witnessed a 86.49% loss in the last 1 month and extending the period to 3 months gives it a 41.78%, and is 28.97% up 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 9.61% over the week and 10.69% over the month.

G1 Therapeutics Inc (GTHX) has around 100 employees, a market worth around $216.11M and $82.51M in sales. Profit margin for the company is -58.13%. Distance from 52-week low is 283.33% and -17.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-52.55%).

G1 Therapeutics Inc quarterly earnings per share for the current quarter are estimated at -$0.21 with sales reaching $15.26M over the same period.The EPS is expected to grow by 28.33% this year, but quarterly earnings will post -15.30% year-over-year. Quarterly sales are estimated to grow 17.90% in year-over-year returns.

G1 Therapeutics Inc (GTHX) Top Institutional Holders

104 institutions hold shares in G1 Therapeutics Inc (GTHX), with institutional investors hold 34.04% of the company’s shares. The shares outstanding are 51.93M, and float is at 42.49M with Short Float at 6.85%. Institutions hold 30.18% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 1.98 million shares valued at $8.2 million. The investor’s holdings represent 3.80% of the GTHX Shares outstanding. As of Dec 30, 2023, the second largest holder is Susquehanna International Group, LLP with 1.58 million shares valued at $6.54 million to account for 3.02% of the shares outstanding. The other top investors are Blackrock Inc. which holds 0.68 million shares representing 1.30% and valued at over $2.82 million, while Renaissance Technologies, LLC holds 1.21% of the shares totaling 0.63 million with a market value of $2.61 million.

G1 Therapeutics Inc (GTHX) Insider Activity

The most recent transaction is an insider sale by Umstead John W. V,the company’sChief Financial Officer. SEC filings show that Umstead John W. V sold 6,547 shares of the company’s common stock on Mar 18 ’24 at a price of $3.02 per share for a total of $19752.0. Following the sale, the insider now owns 0.12 million shares.

G1 Therapeutics Inc disclosed in a document filed with the SEC on Feb 12 ’24 that Malik Rajesh (Chief Medical Officer) sold a total of 28,600 shares of the company’s common stock. The trade occurred on Feb 12 ’24 and was made at $4.62 per share for $0.13 million. Following the transaction, the insider now directly holds 0.17 million shares of the GTHX stock.

Still, SEC filings show that on Jan 04 ’24, MURDOCK TERRY L (Chief Operating Officer) disposed off 721 shares at an average price of $2.94 for $2121.0. The insider now directly holds 103,638 shares of G1 Therapeutics Inc (GTHX).

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