Gossamer Bio Inc (NASDAQ: GOSS) is 41.88% higher on its value in year-to-date trading and has touched a low of $0.66 and a high of $1.55 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 $1.45 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $1.66, the stock is 23.88% and 34.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.13 million and changing 14.48% at the moment leaves the stock 58.36% off its SMA200. GOSS registered 83.51% gain for a year compared to 6-month gain of 79.87%. The firm has a 50-day simple moving average (SMA 50) of $1.2214 and a 200-day simple moving average (SMA200) of $1.04261.
The stock witnessed a 33.87% loss in the last 1 month and extending the period to 3 months gives it a 104.21%, and is 22.06% 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 9.18% over the week and 8.00% over the month.
Gossamer Bio Inc (GOSS) has around 145 employees, a market worth around $377.32M and $124.59M in sales. Profit margin for the company is -41.13%. Distance from 52-week low is 150.87% and 7.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.18%).
with sales reaching $4.12M over the same period.The EPS is expected to shrink by -169.82% this year, but quarterly earnings will post -76.71% year-over-year. Quarterly sales are estimated to shrink -95.70% in year-over-year returns.
142.0 institutions hold shares in Gossamer Bio Inc (GOSS), with institutional investors hold 78.74% of the company’s shares. The shares outstanding are 227.22M, and float is at 182.66M with Short Float at 9.26%. Institutions hold 75.98% of the Float.
The top institutional shareholder in the company is NEA MANAGEMENT COMPANY, LLC with over 18.09 million shares valued at $16.3 million. The investor’s holdings represent 7.9979 of the GOSS Shares outstanding. As of 2024-06-30, the second largest holder is ARTAL GROUP S.A. with 13.31 million shares valued at $11.99 million to account for 5.8832 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 11.76 million shares representing 5.1986 and valued at over $10.59 million, while OCTAGON CAPITAL ADVISORS LP holds 4.0615 of the shares totaling 9.19 million with a market value of $8.28 million.
