GH Research PLC (NASDAQ:GHRS) shares, rose in value on Thursday, April 16, with the stock price up by 4.60% to the previous day’s close as strong demand from buyers drove the stock to $9.10.
Actively observing the price movement in the last trading, the stock closed the session at $8.70, falling within a range of $8.73 and $9.18. The value of beta (5-year monthly) was 0.846. Referring to stock’s 52-week performance, its high was $20.50, and the low was $6.00. On the whole, GHRS has fluctuated by -23.27% over the past month.
With the market capitalization of GH Research PLC currently standing at about $564.45 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GHRS’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of GHRS currently trading nearly -11.80% and -19.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.47, while the 7-day volatility ratio is showing 5.93% which for the 30-day chart, stands at 8.44%. Furthermore, GH Research PLC (GHRS)’s beta value is 0.94, and its average true range (ATR) is 0.86.
A comparison of GH Research PLC (GHRS) with its peers suggests the former has fared considerably weaker in the market. GHRS showed an intraday change of 4.60% in last session, and over the past year, it shrunk by -17.20%%.
Data on historical trading for GH Research PLC (NASDAQ:GHRS) indicates that the trading volumes over the past 10 days have averaged 0.22 and over the past 3 months, they’ve averaged 516.41K. According to company’s latest data on outstanding shares, there are 52.03 million shares outstanding.
Nearly 34.80% of GH Research PLC’s shares belong to company insiders and institutional investors own 51.00% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.77 million shares as on 2025-03-31, resulting in a short ratio of 10.9. According to the data, the short interest in GH Research PLC (GHRS) stood at 1602.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.86 million. The stock has risen by 30.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GHRS stock heading into the next quarter.
