Generation Bio Co [GBIO] stock prices are up 4.72% to $1.11 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GBIO shares have gain 3.74% over the last week, with a monthly amount drifted -21.83%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Generation Bio Co [NASDAQ: GBIO] stock has seen the most recent analyst activity on October 19, 2023, when TD Cowen downgraded its rating to a Market Perform. Previously, Canaccord Genuity started tracking the stock with Buy rating on November 08, 2022, and set its price target to $9. On December 14, 2021, downgrade downgraded it’s rating to Mkt Perform. JMP Securities started tracking the stock assigning a Mkt Outperform rating and suggested a price target of $40 on June 08, 2021. William Blair initiated its recommendation with a Outperform. Needham started tracking with a Buy rating for this stock on February 18, 2021, and assigned it a price target of $50. In a note dated July 07, 2020, Wedbush initiated an Outperform rating and provided a target price of $31 on this stock.
The stock price of Generation Bio Co [GBIO] has been fluctuating between $0.75 and $4.65 over the past year. Generation Bio Co [NASDAQ: GBIO] shares were valued at $1.11 at the most recent close of the market.
Analyzing the GBIO fundamentals
The Generation Bio Co [NASDAQ:GBIO] reported sales of 18.58M for trailing twelve months, representing a surge of 252.00%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -5.3%, Pretax Profit Margin comes in at -7.83%, and Net Profit Margin reading is -7.83%. To continue investigating profitability, this company’s Return on Assets is posted at -0.58, Equity is -1.05 and Total Capital is -0.45.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0200 points at the first support level, and at 0.9300 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2000, and for the 2nd resistance point, it is at 1.2900.
Ratios To Look Out For
It’s worth pointing out that Generation Bio Co [NASDAQ:GBIO]’s Current Ratio is 6.34. Also, the Quick Ratio is 6.34, while the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 3.99, the price to book ratio is 0.71.
Transactions by insiders
Recent insider trading involved Paone Antoinette, CHIEF OPERATING OFFICER, that happened on Jul 01 ’24 when 6719.0 shares were sold.
