A new trading day began on Friday, with Glaukos Corporation (NYSE: GKOS) stock price up 3.38% from the previous day of trading, before settling in for the closing price of $135.70. GKOS’s price has ranged from $59.58 to $146.86 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 12.76% over the past five years. Meanwhile, its annual earnings per share averaged 19.86%. With a float of $53.13 million, this company’s outstanding shares have now reached $55.09 million.
Let’s look at the performance matrix of the company that is accounted for 907 employees. In terms of profitability, gross margin is 76.61%, operating margin of -32.77%, and the pretax margin is -41.24%.
Glaukos Corporation (GKOS) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Glaukos Corporation is 3.64%, while institutional ownership is 99.82%. The most recent insider transaction that took place on Oct 30 ’24, was worth 316,157. In this transaction PRESIDENT & COO of this company sold 2,275 shares at a rate of $138.97, taking the stock ownership to the 102,169 shares. Before that another transaction happened on Oct 30 ’24, when Company’s Officer proposed sale 2,500 for $138.97, making the entire transaction worth $347,421.
Glaukos Corporation (GKOS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 19.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to -49.95% drop over the previous five years of trading.
Glaukos Corporation (NYSE: GKOS) Trading Performance Indicators
Here are Glaukos Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 22.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.96, a number that is poised to hit -0.37 in the next quarter and is forecasted to reach -1.08 in one year’s time.
Technical Analysis of Glaukos Corporation (GKOS)
Glaukos Corporation (NYSE: GKOS) saw its 5-day average volume 0.59 million, a positive change from its year-to-date volume of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 35.28%. Additionally, its Average True Range was 4.74.
During the past 100 days, Glaukos Corporation’s (GKOS) raw stochastic average was set at 83.40%, which indicates a significant increase from 51.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.60% in the past 14 days, which was higher than the 35.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $134.89, while its 200-day Moving Average is $116.73. Nevertheless, the first resistance level for the watch stands at $143.22 in the near term. At $146.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $149.52. If the price goes on to break the first support level at $136.92, it is likely to go to the next support level at $133.56. Assuming the price breaks the second support level, the third support level stands at $130.62.
Glaukos Corporation (NYSE: GKOS) Key Stats
With a market capitalization of 8.00 billion, the company has a total of 55,137K Shares Outstanding. Currently, annual sales are 314,710 K while annual income is -134,660 K. The company’s previous quarter sales were 96,670 K while its latest quarter income was -21,410 K.
