Guardion Health Sciences Inc (NASDAQ: GHSI) Stock: Will It Keep Climbing Higher?

In today’s recent session, 0.48 million shares of the Guardion Health Sciences Inc (NASDAQ:GHSI) have been traded, and its beta is 0.81. Most recently the company’s share price was $13.37, and it changed around -$4.63 or -25.74% from the last close, which brings the market valuation of the company to $17.11M. GHSI at last check was trading at a discount to its 52-week high of $18.00, offering almost -34.63% off that amount. The share price’s 52-week low was $5.01, which indicates that the recent value has risen by an impressive 62.53% since then. We note from Guardion Health Sciences Inc’s average daily trading volume that its 10-day average is 0.13 million shares, with the 3-month average coming to 25.96K.

Guardion Health Sciences Inc stock received a consensus recommendation rating of Buy, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended GHSI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Guardion Health Sciences Inc is expected to report earnings per share of 0 for the current quarter.

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Guardion Health Sciences Inc (NASDAQ:GHSI) trade information

Instantly GHSI has been showing red trend so far today with a performance of -25.74% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 18.00 on recent trading dayincreased the stock’s daily price by 25.72%. The company’s shares are currently up 150.31% year-to-date, but still up 45.37% over the last five days. On the other hand, Guardion Health Sciences Inc (NASDAQ:GHSI) is 35.77% up in the 30-day period. We can see from the shorts that 58579.0 shares have been sold at a short interest cover period of 21.94 day(s).

The consensus price target as assigned by Wall Street analysts is $0.01, which translates to bulls needing to decrease their stock price by -133600.0% from its current value. Analyst projections state that GHSI is forecast to be at a low of $0.012 and a high of $0.012.

Guardion Health Sciences Inc (GHSI) estimates and forecasts

The year-over-year growth rate is expected to be 9.80%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 3.21M in revenue for the current quarter. 1 analysts expect Guardion Health Sciences Inc to make 3.5M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.79M and 3.34M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 15.10%. Forecasts for the next quarter put sales growth at 4.90%.

GHSI Dividends

Guardion Health Sciences Inc’s next quarterly earnings report is expected to be released in September.

Guardion Health Sciences Inc (NASDAQ:GHSI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 20.29% of Guardion Health Sciences Inc shares, and 21.52% of them are in the hands of institutional investors. The stock currently has a share float of 27.00%.

Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Mar 31, 2024. The former held 14.85 shares worth $0.2 million, making up 1.16% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 7.25 shares worth around $97571.0, which represents about 0.56% of the total shares outstanding.