Gossamer Bio Inc (NASDAQ: GOSS) is 36.99% higher on its value in year-to-date trading and has touched a low of $0.45 and a high of $1.88 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 GOSS stock was last observed hovering at around $1.18 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $1.25, the stock is 34.72% and 64.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.31 million and changing 5.93% at the moment leaves the stock 43.39% off its SMA200. GOSS registered -16.11% loss for a year compared to 6-month loss of 28.39%.
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The stock witnessed a 141.92% gain in the last 1 month and extending the period to 3 months gives it a 45.67%, and is 4.17% 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 13.50% over the week and 13.91% over the month.
Gossamer Bio Inc (GOSS) has around 135 employees, a market worth around $282.77M and $0.00M in sales. Distance from 52-week low is 176.24% and -33.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-77.20%).
The EPS is expected to grow by 71.53% this year.
Gossamer Bio Inc (GOSS) Top Institutional Holders
The shares outstanding are 225.41M, and float is at 189.13M with Short Float at 5.09%.
Gossamer Bio Inc (GOSS) Insider Activity
The most recent transaction is an insider sale by Aranda Richard,the company’sChief Medical Officer. SEC filings show that Aranda Richard sold 1,908 shares of the company’s common stock on Jun 24 ’24 at a price of $0.66 per share for a total of $1260.0. Following the sale, the insider now owns 0.2 million shares.
Gossamer Bio Inc disclosed in a document filed with the SEC on Jun 21 ’24 that Hasnain Faheem (President & CEO) bought a total of 372,000 shares of the company’s common stock. The trade occurred on Jun 21 ’24 and was made at $0.67 per share for $0.25 million. Following the transaction, the insider now directly holds 5.41 million shares of the GOSS stock.
Still, SEC filings show that on Jun 18 ’24, Giraudo Bryan (COO/CFO) acquired 100,000 shares at an average price of $0.59 for $59110.0. The insider now directly holds 480,010 shares of Gossamer Bio Inc (GOSS).
