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Is Generation Bio Co. (NASDAQ:GBIO) A Better Buy Than Others After A -70.12% Fall In This Year?

In last trading session, Generation Bio Co. (NASDAQ:GBIO) saw 0.11 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $5.68 trading at $0.03 or 0.53% at ring of the bell on the day assigns it a market valuation of $394.02M. That closing price of GBIO’s stock is at a discount of -244.19% from its 52-week high price of $19.55 and is indicating a premium of 30.28% from its 52-week low price of $3.96. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.17 million shares which gives us an average trading volume of 185.75K if we extend that period to 3-months.

For Generation Bio Co. (GBIO), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 1.90. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.67 in the current quarter.

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Generation Bio Co. (NASDAQ:GBIO) trade information

Upright in the green during last session for gaining 0.53%, in the last five days GBIO remained trading in the red while hitting it’s week-highest on Friday, 11/18/22 when the stock touched $5.68 price level, adding 10.97% to its value on the day. Generation Bio Co.’s shares saw a change of -19.77% in year-to-date performance and have moved -7.79% in past 5-day. Generation Bio Co. (NASDAQ:GBIO) showed a performance of 9.23% in past 30-days. Number of shares sold short was 2.65 million shares which calculate 14.33 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $16.67 to the stock, which implies a rise of 65.93% to its current value. Analysts have been projecting $8.00 as a low price target for the stock while placing it at a high target of $25.00. It follows that stock’s current price would drop -340.14% in reaching the projected high whereas dropping to the targeted low would mean a loss of -40.85% for stock’s current value.

Generation Bio Co. (GBIO) estimates and forecasts

Statistics highlight that Generation Bio Co. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 15.45% of value to its shares in past 6 months, showing an annual growth rate of -12.74% while that of industry is -1.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -19.60% in the current quarter and calculating -25.90% decrease in the next quarter.

GBIO Dividends

Generation Bio Co. is more likely to be releasing its next quarterly report between February 22 and February 27 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Generation Bio Co. (NASDAQ:GBIO)’s Major holders

Insiders are in possession of 5.45% of company’s total shares while institution are holding 99.15 percent of that, with stock having share float percentage of 104.86%. Investors also watch the number of corporate investors in a company very closely, which is 99.15% institutions for Generation Bio Co. that are currently holding shares of the company. Price (T.Rowe) Associates Inc is the top institutional holder at GBIO for having 8.93 million shares of worth $58.59 million. And as of Jun 29, 2022, it was holding 15.14% of the company’s outstanding shares.

The second largest institutional holder is FMR, LLC, which was holding about 8.56 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 14.51% of outstanding shares, having a total worth of $56.17 million.

On the other hand, Price (T.Rowe) New Horizons Fund and Fidelity Growth Company Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 2.76 million shares of worth $18.14 million or 4.68% of the total outstanding shares. The later fund manager was in possession of 2.36 million shares on Jul 30, 2022, making its stake of worth around $15.04 million in the company or a holder of 3.99% of company’s stock.

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