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G1 Therapeutics Inc (GTHX) Analysis & Forecast for 2024

G1 Therapeutics Inc (NASDAQ: GTHX) is 133.11% higher on its value in year-to-date trading and has touched a low of $1.08 and a high of $7.19 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 $7.11 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $7.11, the stock is 7.01% and 57.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 0.00% at the moment leaves the stock 92.02% off its SMA200. GTHX registered 308.62% gain for a year compared to 6-month gain of 90.62%.

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The stock witnessed a 69.29% loss in the last 1 month and extending the period to 3 months gives it a 115.45%, and is -0.14% 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 0.42% over the week and 1.79% over the month.

G1 Therapeutics Inc (GTHX) has around 100 employees, a market worth around $375.12M and $58.20M in sales. Fwd P/E is 55.98. Profit margin for the company is -76.93%. Distance from 52-week low is 558.33% and -1.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-73.22%).

The EPS is expected to grow by 56.05% this year.

G1 Therapeutics Inc (GTHX) Top Institutional Holders

121.0 institutions hold shares in G1 Therapeutics Inc (GTHX), with institutional investors hold 60.92% of the company’s shares. The shares outstanding are 51.93M, and float is at 43.18M with Short Float at 10.16%. Institutions hold 54.27% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 3.08 million shares valued at $7.03 million. The investor’s holdings represent 5.9075% of the GTHX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.49 million shares valued at $$5.68 million to account for 4.7748 of the shares outstanding. The other top investors are WOODLINE PARTNERS LP which holds 1.36 million shares representing 2.6113% and valued at over $3.11 million, while RENAISSANCE TECHNOLOGIES LLC holds 2.3867 of the shares totaling 1.25 million with a market value of $2.84 million.

G1 Therapeutics Inc (GTHX) Insider Activity

The most recent transaction is an insider sale by Perry Andrew,the company’sChief Commercial Officer. SEC filings show that Perry Andrew sold 1,337 shares of the company’s common stock on Jul 05 ’24 at a price of $2.51 per share for a total of $3353.0. Following the sale, the insider now owns 0.11 million shares.

G1 Therapeutics Inc disclosed in a document filed with the SEC on Jul 05 ’24 that MURDOCK TERRY L (Chief Operating Officer) sold a total of 2,475 shares of the company’s common stock. The trade occurred on Jul 05 ’24 and was made at $2.51 per share for $6207.0. Following the transaction, the insider now directly holds 0.13 million shares of the GTHX stock.

Still, SEC filings show that on Jul 05 ’24, Malik Rajesh (Chief Medical Officer) disposed off 2,475 shares at an average price of $2.51 for $6207.0. The insider now directly holds 159,312 shares of G1 Therapeutics Inc (GTHX).

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