Gossamer Bio Inc (NASDAQ: GOSS) Could Soar To Much Higher Prices In Coming Months

In the latest trading session, 5.86 million Gossamer Bio Inc (NASDAQ:GOSS) shares changed hands as the company’s beta touched 1.84. With the company’s most recent per share price at $0.60 changing hands around $0.08 or 14.94% at last look, the market valuation stands at $135.21M. GOSS’s current price is a discount, trading about -213.33% off its 52-week high of $1.88. The share price had its 52-week low at $0.45, which suggests the last value was 25.0% up since then. When we look at Gossamer Bio Inc’s average trading volume, we note the 3-month average coming to 1.57 million.

Gossamer Bio Inc (NASDAQ:GOSS) trade information

Instantly GOSS is in green as seen in intraday trades today. With action 16.06%, the performance over the past five days has been green. The jump to weekly highs of 0.6448 added 14.94% to the stock’s daily price. The company’s shares are showing year-to-date downside of -34.50%, with the 5-day performance at 16.06% in the green. However, in the 30-day time frame, Gossamer Bio Inc (NASDAQ:GOSS) is -18.12% down.

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Gossamer Bio Inc (GOSS) estimates and forecasts

Data shows that the Gossamer Bio Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -41.97% over the past 6 months, a 70.34% in annual growth rate that is considerably higher than the industry average of 15.60%.

Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 114.29M.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.99%. The 2024 estimates are for Gossamer Bio Inc earnings to increase by 71.03%, but the outlook for the next 5-year period is at 5.20% per year.

GOSS Dividends

Gossamer Bio Inc is expected to release its next quarterly earnings report in July.