Guardant Health Inc (NASDAQ: GH) kicked off on Monday, down -6.38% from the previous trading day, before settling in for the closing price of $25.09. Over the past 52 weeks, GH has traded in a range of $15.81-$37.04.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 49.27%. While this was happening, its average annual earnings per share was recorded 23.73%. With a float of $116.90 million, this company’s outstanding shares have now reached $121.63 million.
The extent of productivity of a business whose workforce counts for 1779 workers is very important to gauge.
Guardant Health Inc (GH) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Guardant Health Inc is 4.97%, while institutional ownership is 95.30%. The most recent insider transaction that took place on Jun 04 ’24, was worth 2,787. In this transaction Director of this company sold 100 shares at a rate of $27.87, taking the stock ownership to the 4,621 shares. Before that another transaction happened on Mar 18 ’24, when Company’s Chief Information Officer bought 2,187 for $17.82, making the entire transaction worth $38,963. This insider now owns 12,722 shares in total.
Guardant Health Inc (GH) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.73 earnings per share (EPS), higher than consensus estimate (set at -0.94) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.20% during the next five years compared to -8.88% drop over the previous five years of trading.
Guardant Health Inc (NASDAQ: GH) Trading Performance Indicators
Take a look at Guardant Health Inc’s (GH) current performance indicators. Last quarter, stock had a quick ratio of 6.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.09, a number that is poised to hit -0.75 in the next quarter and is forecasted to reach -2.85 in one year’s time.
Technical Analysis of Guardant Health Inc (GH)
The latest stats from [Guardant Health Inc, GH] show that its last 5-days average volume of 2.47 million was superior to 2.13 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 39.08%. Additionally, its Average True Range was 1.49.
During the past 100 days, Guardant Health Inc’s (GH) raw stochastic average was set at 30.48%, which indicates a significant increase from 10.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.96% in the past 14 days, which was lower than the 66.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.80, while its 200-day Moving Average is $24.70. Now, the first resistance to watch is $24.71. This is followed by the second major resistance level at $25.92. The third major resistance level sits at $26.53. If the price goes on to break the first support level at $22.88, it is likely to go to the next support level at $22.26. Assuming the price breaks the second support level, the third support level stands at $21.05.
Guardant Health Inc (NASDAQ: GH) Key Stats
The company with the Market Capitalisation of 2.89 billion has total of 122,369K Shares Outstanding. Its annual sales at the moment are 563,950 K in contrast with the sum of -479,450 K annual income. Company’s last quarter sales were recorded 177,240 K and last quarter income was -102,630 K.
