GH Research PLC (NASDAQ: GHRS) is 114.29% higher on its value in year-to-date trading and has touched a low of $6.00 and a high of $20.50 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 GHRS stock was last observed hovering at around $16.32 in the last trading session, with the day’s loss setting it -1.32%.
Currently trading at $15.00, the stock is 48.61% and 67.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.81 million and changing -8.06% at the moment leaves the stock 50.05% off its SMA200. GHRS registered 96.08% gain for a year compared to 6-month loss of 31.00%. The firm has a 50-day simple moving average (SMA 50) of $8.8635 and a 200-day simple moving average (SMA200) of $9.977525.
The stock witnessed a 66.11% gain in the last 1 month and extending the period to 3 months gives it a 84.05%, and is 59.07% 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 16.38% over the week and 10.20% over the month.
GH Research PLC (GHRS) has around 49 employees, a market worth around $780.42M and $0.00M in sales. Distance from 52-week low is 150.00% and -26.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.83%).
The EPS is expected to shrink by -18.14% this year
The shares outstanding are 52.03M, and float is at 30.44M with Short Float at 7.92%.
The top institutional shareholder in the company is BVF INC/IL with over 10.4 million shares valued at $121.27 million. The investor’s holdings represent 19.9895 of the GHRS Shares outstanding. As of 2024-06-30, the second largest holder is RA CAPITAL MANAGEMENT, L.P. with 6.6 million shares valued at $76.98 million to account for 12.6887 of the shares outstanding. The other top investors are LYNX1 CAPITAL MANAGEMENT LP which holds 3.97 million shares representing 7.6242 and valued at over $46.25 million, while RTW INVESTMENTS, LP holds 6.3949 of the shares totaling 3.33 million with a market value of $38.79 million.
