Gossamer Bio Inc (GOSS) posted a -9.52% change over the last five days signaling a new trend

On Monday, Gossamer Bio Inc (NASDAQ: GOSS) opened lower -5.06% from the last session, before settling in for the closing price of $0.97. Price fluctuations for GOSS have ranged from $0.50 to $1.60 over the past 52 weeks.

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Company’s average yearly earnings per share was noted 76.06% at the time writing. With a float of $174.03 million, this company’s outstanding shares have now reached $226.60 million.

The firm has a total of 135 workers. Let’s measure their productivity. In terms of profitability, gross margin is 97.34%, operating margin of -56.03%, and the pretax margin is -60.96%.

Gossamer Bio Inc (GOSS) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Gossamer Bio Inc is 23.20%, while institutional ownership is 57.01%. The most recent insider transaction that took place on Jun 24 ’24, was worth 1,260. In this transaction Chief Medical Officer of this company sold 1,908 shares at a rate of $0.66, taking the stock ownership to the 196,891 shares. Before that another transaction happened on Jun 21 ’24, when Company’s President & CEO bought 372,000 for $0.67, making the entire transaction worth $250,282. This insider now owns 5,408,073 shares in total.

Gossamer Bio Inc (GOSS) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 76.06% per share during the next fiscal year.

Gossamer Bio Inc (NASDAQ: GOSS) Trading Performance Indicators

Check out the current performance indicators for Gossamer Bio Inc (GOSS). In the past quarter, the stock posted a quick ratio of 6.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.99.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.71 in one year’s time.

Technical Analysis of Gossamer Bio Inc (GOSS)

Analysing the last 5-days average volume posted by the [Gossamer Bio Inc, GOSS], we can find that recorded value of 1.45 million was better than the volume posted last year of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 46.68%. Additionally, its Average True Range was 0.08.

During the past 100 days, Gossamer Bio Inc’s (GOSS) raw stochastic average was set at 50.40%, which indicates a significant increase from 34.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.89% in the past 14 days, which was lower than the 68.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.8317, while its 200-day Moving Average is $0.8651. Now, the first resistance to watch is $0.9903. This is followed by the second major resistance level at $1.0578. The third major resistance level sits at $1.0955. If the price goes on to break the first support level at $0.8851, it is likely to go to the next support level at $0.8474. Now, if the price goes above the second support level, the third support stands at $0.7799.

Gossamer Bio Inc (NASDAQ: GOSS) Key Stats

There are currently 226,604K shares outstanding in the company with a market cap of 209.13 million. Presently, the company’s annual sales total 0 K according to its annual income of -179,820 K. Last quarter, the company’s sales amounted to 9,480 K and its income totaled -30,800 K.