After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Gossamer Bio Inc. (GOSS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 1.42%, to $1.43. The Gossamer Bio Inc. has recorded 3,579 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Gossamer Bio Announces First Quarter 2023 Financial Results and Provides Business Update.
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Stocks Info
The company is listed on the NASDAQ and operates within the Biotechnology industry segment. At the end of the last regular session, the stock closed at $1.41 and fluctuated between $1.5827 as its day high and $1.3400 as its day low. The current market capitalization of Gossamer Bio Inc. is $130.64M. A total of 2.21 million shares were traded on the day, compared to an average of 3.31M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, GOSS has seen 6 BUY and 3 SELL insider trades, representing the acquisition of 1,002,072 and the disposition of 21,156 shares. Over the last 12 months, there were 10 BUYs and 9 SELLs from insiders. Insiders purchased 1,168,505 shares during that period but sold 51,008.
In the most recent transaction, Giraudo Bryan bought 55,000 shares of GOSS for 1.02 per share on Apr 04. After the transaction, the COO/CFO now owns 125,990 company shares. In a previous transaction on Mar 22, Hasnain Faheem bought 440,500 shares at 1.14 per share. GOSS shares that President & CEO owns now total 4,495,897.
Among the insiders who bought shares, Hasnain Faheem acquired of 269,389 shares on Mar 21 at a per-share price of $1.20. This resulted in the President & CEO holding 4,055,397 shares of GOSS after the transaction. In another insider transaction, Hasnain Faheem bought 168,683 shares at $1.03 per share on Mar 20. Company shares held by the President & CEO now total 3,786,008.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for GOSS in the last 3 months, the mean price target is $6.95 with high estimates of $15.00 and low estimates of $1.50. In terms of 52-week highs and lows, GOSS has a high of $15.19 and a low of $0.91.
As of this writing, GOSS has an earnings estimate of -$0.51 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.36 per share and a lower estimate of -$0.68. The company reported an EPS of -$0.59 in the last quarter, which was 4.80% higher than expectations of -$0.62.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GOSS’s latest balance sheet shows that the firm has $325.22M in Cash & Short Term Investments as of fiscal 2021. There were $185.24M in debt and $39.86M in liabilities at the time. Its Book Value Per Share was $0.13, while its Total Shareholder’s Equity was $121.46M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GOSS is Buy with a score of 4.08.