Guardion Health Sciences Inc (NASDAQ: GHSI) Stock Forecast For 2024: 0.012 Per Share On The Upside

In the latest trading session, 0.46 million Guardion Health Sciences Inc (NASDAQ:GHSI) shares changed hands as the company’s beta touched 0.73. With the company’s most recent per share price at $3.12 changed hands at -$2.42 or -43.68% at last look, the market valuation stands at $3.99M. GHSI’s current price is a discount, trading about -202.56% off its 52-week high of $9.44. The share price had its 52-week low at $2.63, which suggests the last value was 15.71% up since then. When we look at Guardion Health Sciences Inc’s average trading volume, we note the 10-day average is 89360.0 shares, with the 3-month average coming to 181.77K.

Analysts gave the Guardion Health Sciences Inc (GHSI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GHSI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Guardion Health Sciences Inc’s EPS for the current quarter is expected to be 0.

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Guardion Health Sciences Inc (NASDAQ:GHSI) trade information

Instantly GHSI was in red as seen in intraday trades today. With action -52.37%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 11.35%, with the 5-day performance at -52.37% in the red. However, in the 30-day time frame, Guardion Health Sciences Inc (NASDAQ:GHSI) is -57.13% down. Looking at the short shares, we see there were 47826.0 shares sold at short interest cover period of 0.21 days.

The consensus price target for the stock as assigned by Wall Street analysts is 0.01, meaning bulls need a downside of -31100.0% from its recent market value. According to analyst projections, GHSI’s forecast low is 0.012 with 0.012 as the target high. To hit the forecast high, the stock’s price needs a 99.62% surge from its current level, while the stock would need to tank 99.62% for it to hit the projected low.

Guardion Health Sciences Inc (GHSI) estimates and forecasts

Year-over-year growth is forecast to reach 9.80% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 3.21M. 1 analysts are of the opinion that Guardion Health Sciences Inc’s revenue for the current quarter will be 3.5M. The company’s revenue for the corresponding quarters a year ago was 2.79M and 3.34M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 15.10%. The estimates for the next quarter sales put growth at 4.90%.

GHSI Dividends

Guardion Health Sciences Inc is expected to release its next quarterly earnings report on 2024-May-13.