Gamida Cell Ltd (NASDAQ:GMDA) traded at $0.37 at close of the session on Monday, March 18, made an upward move of 15.77% on its previous day’s price.
Looking at the stock we see that its previous close was $0.32 and the beta (5Y monthly) reads 1.03 . In terms of its 52-week price range, GMDA has a high of $2.51 and a low of $0.22. The company’s stock has lost about -6.33% over that past 30 days.
Gamida Cell Ltd has a market cap of $49.08 million and is expected to release its quarterly earnings report on Mar 25, 2024 – Mar 29, 2024. Estimates by analysts give the company expected earnings per share (EPS) of -$0.15, with the EPS growth for the year raised at -$0.71 for 2023 and -$0.56 for next year. These figures represent 42.70% and 21.10% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $1.06 million, with a low of $700k and a high of $1.4 million.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the GMDA stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is 3.91% off its SMA20 and 6.32% from its 50-day simple moving average. The RSI (14) is pointing at 53.33 while the volatility over the past week is 12.09% and jumps to 9.24% over the past one month. The beta value is 1.04, while the average true range (ATR) is currently pointing at 0.04.
Coming back to Gamida Cell Ltd (NASDAQ:GMDA), we note that the average 3-month trading volume was 2.97 million, while that of the preceding 10-day period stands at 1.86 million. Current shares outstanding are 132.64 million.
The insiders hold 11.84% of the company’s shares while institutions hold 31.65%. The data shows that short shares as of Feb 29, 2024, stood at 9.98 million at a short ratio of 3.51. This represents a 7.53% short interest in shares outstanding on Feb 29, 2024. Shares short rose in February from the previous month at 8.86 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -10.35% down in year-to-date price movement.
