Guardion Health Sciences Inc. (NASDAQ:GHSI) price on Friday, October 08, fall -2.70% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.08.
A look at the stock’s price movement, the close in the last trading session was $1.11, moving within a range at $1.0447 and $1.11. The beta value (5-Year monthly) was 0.06. Turning to its 52-week performance, $8.40 and $0.99 were the 52-week high and 52-week low respectively. Overall, GHSI moved -15.62% over the past month.
Guardion Health Sciences Inc.’s market cap currently stands at around $27.00 million, with investors looking forward to this quarter’s earnings report slated for Nov 10, 2021 – Nov 15, 2021.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that GHSI is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
0 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 0 recommend GHSI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is – which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GHSI’s current price about -11.11% and -13.66% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 32.45, while 7-day volatility ratio is 7.51% and 6.70% in the 30-day chart. Further, Guardion Health Sciences Inc. (GHSI) has a beta value of 0, and an average true range (ATR) of 0.08.
In the market, a comparison of Guardion Health Sciences Inc. (GHSI) and its peers suggest the former has performed considerably weaker. Data shows GHSI’s intraday price has changed -2.70% in last session and -16.28% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -0.19% and -0.03% respectively in the last trading.
If we refocus on Guardion Health Sciences Inc. (NASDAQ:GHSI), historical trading data shows that trading volumes averaged 282.08K over the past 3 months. The company’s latest data on shares outstanding shows there are 24.43 million shares.
The 1.30% of Guardion Health Sciences Inc.’s shares are in the hands of company insiders while institutional holders own 11.20% of the company’s shares. Current price change has pushed the stock -56.63% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GHSI stock continues to rise going into the next quarter.