Gossamer Bio, Inc. (GOSS) Stock: A Biotech Stock That’s Making Its Way For The Top


Gossamer Bio, Inc. (GOSS) is headed up in the market in today’s trading session. The company, focused in the biotech space, is presently trading at $20.51 after a move up of 5.56% so far in today’s session. When it comes to biotechnology companies, there are quite a few factors that have the ability to generate movement in the market. One of the most common is news. Here are the most recent headlines centered around GOSS:

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Aug-10-19 12:06AM Gossamer Bio, Inc. (GOSS) Q2 2019 Earnings Call Transcript
Aug-08-19 04:05PM Gossamer Bio Announces Second Quarter 2019 Financial Results
06:01AM Read This Before Selling Gossamer Bio, Inc. (NASDAQ:GOSS) Shares
Aug-05-19 07:00AM Gossamer Bio to Announce Second Quarter 2019 Financial Results and Host Conference Call and Webcast on August 8, 2019
Jun-07-19 12:05PM Seth Klarman’s Favorite Biotech Positions

Nonetheless, any time investors are making an investing decision, prospective investors should focus on much more than just news, this is especially the case in the generally speculative biotechnology sector. Here’s what’s going on with Gossamer Bio, Inc..

What We’ve Seen From GOSS

While a move toward the top in a single session, like what we’re seeing from Gossamer Bio, Inc. may cause excitement in some investors, a single session move by itself shouldn’t be the basis of a decision to, or not to, invest in a stock. It is always a good idea to look into trends experienced by the stock just a single trading day. When it comes to GOSS, below are the returns that we have seen:

  • Past 5 Sessions – Throughout the last five trading sessions, GOSS has seen a change in price amounting to 9.50%.
  • Past Month – The return from Gossamer Bio, Inc. in the last 30 days works out to -0.92%.
  • Past 3 Months – Throughout the past quarter, the stock has generated a ROI that works out to 6.32%
  • Bi-Annually – Throughout the past six months, investors have seen a performance of 10.86% from the company.
  • This Year So Far – Since the the first trading session of this year GOSS has resulted in a return on investment of 14.33%.
  • Annually – Lastly, over the past year, we have seen a change of 0 from GOSS. Throughout this period, the stock has traded at a high price of -18.16% and a low price of 31.57%.

Key Ratios

Digging into various key ratios having to do with a stock generally gives prospective investors a view of just how dangerous and/or rewarding a pick may be. Here are some of the most important ratios to consider when digging into GOSS.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the level of short interest. The higher this ratio, the more investors believe that the price of the stock is going to tumble. Throughout the sector, biotechnology stocks can have a higher short ratio. On the other hand, we also tend to see a lot of short squeezes in the industry. Nonetheless, with regard to Gossamer Bio, Inc., the stock’s short ratio clocks in at 11.91.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure the company’s abilities to pay its debts when they come due with only current assets or quick assets. In the biotechnology space, companies are heavily reliant on the continuation of support from investors, these ratios can seem damning. However, quite a few good picks in the biotech industry do have strong quick and current ratios. As it relates to GOSS, the quick and current ratios come to 19.80 and 19.80 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. In this case, that ratio comes in at 7.29.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. Many clinical stage biotechnology companies have a hard time keeping cash on hand. So, if you’re looking into a biotechnology stock, this is a very important ratio to think about. In this case, the cash to share value ratio is 7.25.

What Analysts Say About Gossamer Bio, Inc.

Although it’s rarely a smart idea to unknowingly follow the opinions of analysts, it is a good idea to consider their thoughts in order to validate your own due diligence before making investment decisions in the biotechnology space. Below are the recent moves that we have seen from analysts with regard to GOSS.

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Mar-05-19 Initiated SVB Leerink Outperform $30
Mar-05-19 Initiated Evercore ISI Outperform $30
Mar-05-19 Initiated BofA/Merrill Buy $30
Mar-05-19 Initiated Barclays Overweight $27

Is Big Money Interested In Gossamer Bio, Inc.

An interesting fact that I’ve come to understand so far in my short period on Earth has been that smart money tends to follow the moves made by big money investors. Usually, investors that want to keep the risk down will keep an eye on trades made by institutions and insiders. So, is big money interested in regard to GOSS? Here’s what’s happening:

Institutions own 72.00% of the company. Institutional interest has moved by 0.24% over the past three months. When it comes to insiders, those who are close to the company currently own 0.80% percent of GOSS shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What You Need To Know About Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 66.34M shares of Gossamer Bio, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, GOSS has a float of 51.86M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to GOSS, the short percent of the float is 4.74%.

What We’ve Seen In Financial Results

What have ween seen from GOSS in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – As it stands, analysts expect that the company will report earnings per diluted share coming to a total of -3.27, with -0.61 to be announced in the earnings announcement for the current quarter. Although this is not tide to earnings, because we are talking on the topic of Wall St. analysts, GOSS is presently graded as a 1.50 on a scale from 1 to 5 on which 1 is the worst possible analyst rating and 5 is the best rating.
  • 5-Year Sales – Over the past half decade, Gossamer Bio, Inc. has reported a movement in sales volume that comes to a total of 0. Earnings per diluted share through the last half decade have experienced movement in the amount of 0.
  • Q/Q – when it comes to quarter over quarter earnings data, or Q/Q data as it is commonly referred to as in the human world, Gossamer Bio, Inc. has experienced a earnings change by -20.30%. The company has also seen a change in regard to revenue that comes to a total of 0.

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