Guardant Health Inc (NASDAQ: GH) kicked off on Tuesday, up 1.26% from the previous trading day, before settling in for the closing price of $29.36. Over the past 52 weeks, GH has traded in a range of $15.81-$37.04.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 49.27%. While this was happening, its average annual earnings per share was recorded 19.45%. With a float of $118.22 million, this company’s outstanding shares have now reached $121.63 million.
Let’s determine the extent of company efficiency that accounts for 1779 employees. In terms of profitability, gross margin is 91.83%, operating margin of -74.41%, and the pretax margin is -74.02%.
Guardant Health Inc (GH) Insider Activity
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 4.32%, while institutional ownership is 103.37%. The most recent insider transaction that took place on Nov 12 ’24, was worth 244,930. Before that another transaction happened on Jun 04 ’24, when Company’s Director sold 100 for $27.87, making the entire transaction worth $2,787. This insider now owns 4,621 shares in total.
Guardant Health Inc (GH) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 19.45% 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 5.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.24, a number that is poised to hit -0.78 in the next quarter and is forecasted to reach -2.96 in one year’s time.
Technical Analysis of Guardant Health Inc (GH)
Looking closely at Guardant Health Inc (NASDAQ: GH), its last 5-days average volume was 3.31 million, which is a jump from its year-to-date volume of 2.07 million. As of the previous 9 days, the stock’s Stochastic %D was 63.86%. Additionally, its Average True Range was 1.58.
During the past 100 days, Guardant Health Inc’s (GH) raw stochastic average was set at 56.75%, which indicates a significant decrease from 71.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.94% in the past 14 days, which was higher than the 60.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.31, while its 200-day Moving Average is $24.13. However, in the short run, Guardant Health Inc’s stock first resistance to watch stands at $30.24. Second resistance stands at $30.76. The third major resistance level sits at $31.33. If the price goes on to break the first support level at $29.15, it is likely to go to the next support level at $28.58. Should the price break the second support level, the third support level stands at $28.06.
Guardant Health Inc (NASDAQ: GH) Key Stats
The company with the Market Capitalisation of 3.67 billion has total of 123,555K 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 191,480 K and last quarter income was -107,750 K.
