Fractyl Health Inc (NASDAQ:GUTS) price closed higher on Monday, June 09, and jumping 44.72% above its previous close.
A look at the daily price movement shows that the last close reads $1.99. Taking into account the 52-week price action we note that the stock hit a 52-week high of $6.57 and 52-week low of $0.87. The stock added 74.55% on its value in the past month.
Fractyl Health Inc, which has a market valuation of $141.05 million, is expected to release its quarterly earnings report in July.
Per this projection, the revenue is forecast to grow -100.00% below that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give GUTS a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned GUTS a recommendation rating as follows: 0 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Fractyl Health Inc (GUTS) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that GUTS’s price is at present 50.59% off the SMA20 and 89.99% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 80.65, with weekly volatility standing at 18.22%. The indicator jumps to 11.02% when calculated based on the past 30 days. Fractyl Health Inc (NASDAQ:GUTS)’s beta value is holding at 1.89, while the average true range (ATR) indicator is currently reading 0.21.
An analysis of the Fractyl Health Inc (NASDAQ:GUTS) stock in terms of its daily trading volume indicates that the 3-month average is 247.63K.
Current records show that the company has 48.92M in outstanding shares. The insiders’ percentage holdings are 57.37% of outstanding shares while the percentage share held by institutions stands at 33.03%. But the 39.81% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
