In yesterday’s Wall Street session, Guardant Health Inc (NASDAQ:GH) shares traded at $25.52, up 10.33% from the previous session.
GH stock price is now 31.78% away from the 50-day moving average and 2.70% away from the 200-day moving average. The market capitalization of the company currently stands at $3.12B.
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, while ‘Wolfe Research’ rates the stock as ‘Peer Perform’
In other news, Kalia Kumud, Chief Information Officer bought 2,187 shares of the company’s stock on Mar 18 ’24. The stock was bought for $38,963 at an average price of $17.82. Upon completion of the transaction, the Chief Information Officer now directly owns 12,722 shares in the company, valued at $0.32 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’24, Director Joyce Meghan V. sold 100 shares of the business’s stock. A total of $1,905 was realized by selling the stock at an average price of $19.05. This leaves the insider owning 4,521 shares of the company worth $0.12 million. A total of 5.21% of the company’s stock is owned by insiders.
During the past 12 months, Guardant Health Inc has had a low of $15.81 and a high of $41.06. As of last week, the company has a debt-to-equity ratio of 19.73, a current ratio of 5.95, and a quick ratio of 5.66. The fifty day moving average price for GH is $19.4968 and a two-hundred day moving average price translates $24.7902 for the stock.
The latest earnings results from Guardant Health Inc (NASDAQ: GH) was released for 2024-03-31. The net profit margin was -76.34% and return on equity was -3883.89% for GH. The company reported revenue of $168.49 million for the quarter, compared to $128.71 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 30.9 percent.
