Gelteq Ltd (NASDAQ: GELS) is 29.95% higher on its value in year-to-date trading and has touched a low of $1.42 and a high of $4.01 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 GELS stock was last observed hovering at around $2.00 in the last trading session, with the day’s gains setting it 1.82%.
Currently trading at $3.82, the stock is 86.14% and 78.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 91.02% at the moment leaves the stock 78.39% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $2.0686955 and a 200-day simple moving average (SMA200) of $2.0686955.
The stock witnessed a 49.24% in the last 1 month, and is 108.77% 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 35.68% over the week and 21.08% over the month.
Distance from 52-week low is 169.05% and -4.73% from its 52-week high.
The EPS is expected to shrink by 0.00% this year.
Gelteq Ltd (GELS) Top Institutional Holders
The shares outstanding are 9.44M, and float is at 3.30M with Short Float at 0.04%.
Gelteq Ltd (GELS) Insider Activity
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