GT Biopharma Inc (NASDAQ: GTBP) Disappoints Wall Street With 61.03% Stock Price Gain

In the last trading session, 20.79 million GT Biopharma Inc (NASDAQ:GTBP) shares changed hands as the company’s beta touched 0.69. With the company’s per share price at $2.81 changed hands at $1.06 or 61.03% during last session, the market valuation stood at $5.71M. GTBP’s last price was a discount, traded about -279.36% off its 52-week high of $10.66. The share price had its 52-week low at $1.72, which suggests the last value was 38.79% up since then. When we look at GT Biopharma Inc’s average trading volume, we note the 10-day average is 39990.0 shares, with the 3-month average coming to 25.18K.

Analysts gave the GT Biopharma Inc (GTBP) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended GTBP as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. GT Biopharma Inc’s EPS for the current quarter is expected to be 0.

GT Biopharma Inc (NASDAQ:GTBP) trade information

Instantly GTBP was in green as seen at the end of in last trading. With action 11.95%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -63.27%, with the 5-day performance at 11.95% in the green. However, in the 30-day time frame, GT Biopharma Inc (NASDAQ:GTBP) is -6.64% down. Looking at the short shares, we see there were 17725.0 shares sold at short interest cover period of 0.71 days.

GT Biopharma Inc (GTBP) estimates and forecasts

Data shows that the GT Biopharma Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -4.75% over the past 6 months, a -20.39% in annual growth rate that is considerably lower than the industry average of 17.20%.

According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 70.75%.

GTBP Dividends

GT Biopharma Inc is expected to release its next quarterly earnings report in January.

GT Biopharma Inc (NASDAQ:GTBP)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 12.15% of GT Biopharma Inc shares while 67.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 76.85%.