Gritstone Bio Inc (NASDAQ: GRTS) started the day on Wednesday, with a price decrease of -3.46% at $0.75, before settling in for the price of $0.77 at the close. Taking a more long-term approach, GRTS posted a 52-week range of $0.67-$3.33.
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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 230.33%. Meanwhile, its Annual Earning per share during the time was 30.25%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.81%. This publicly-traded company’s shares outstanding now amounts to $97.59 million, simultaneously with a float of $97.27 million. The organization now has a market capitalization sitting at $79.29 million. At the time of writing, stock’s 50-day Moving Average stood at $2.0470, while the 200-day Moving Average is $1.9479.
Gritstone Bio Inc (GRTS) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Gritstone Bio Inc’s current insider ownership accounts for 8.58%, in contrast to 35.49% institutional ownership. According to the most recent insider trade that took place on May 23 ’23, this organization’s insider bought 12,000 shares at the rate of 1.90, making the entire transaction reach 22,829 in total value, affecting insider ownership by 214,058.
Gritstone Bio Inc (GRTS) Earnings and Revenue Records
Gritstone Bio Inc’s EPS increase for this current 12-month fiscal period is 12.81% and is forecasted to reach -0.97 in the upcoming year.
Gritstone Bio Inc (NASDAQ: GRTS) Trading Performance Indicators
Let’s observe the current performance indicators for Gritstone Bio Inc (GRTS). It’s Quick Ratio in the last reported quarter now stands at 3.20. The Stock has managed to achieve an average true range (ATR) of 0.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 59.62.
In the same vein, GRTS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.25, a figure that is expected to reach -0.32 in the next quarter, and analysts are predicting that it will be -0.97 at the market close of one year from today.
Technical Analysis of Gritstone Bio Inc (GRTS)
If we take a close look at the recent performances of Gritstone Bio Inc (NASDAQ: GRTS), its last 5-days Average volume was 4.02 million that shows progress from its year to date volume of 2.87 million. During the previous 9 days, stock’s Stochastic %D was recorded 14.13% While, its Average True Range was 0.1792.
Raw Stochastic average of Gritstone Bio Inc (GRTS) in the period of the previous 100 days is set at 2.95%, which indicates a major fall in contrast to 3.24% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 260.99% that was higher than 159.67% volatility it exhibited in the past 100-days period.
