What is the Price Targets for Gamida Cell Ltd. (GMDA)?

Gamida Cell Ltd. (NASDAQ:GMDA) saw an upside of 1.71% to $1.25 after adding $0.02 on Tuesday. The 5-day average trading volume is 989,150 shares of the company’s common stock. It has gained $1.2800 in the past week and touched a new high 1 time within the past 5 days. An average of 1,736,982 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,764,901.

GMDA’s 1-month performance is -10.64% or -$0.2600 on its low of $1.0000 reached on 08/14/23. The company’s shares have touched a 52-week low of $0.56 and high of $3.35, with the stock’s rally to the 52-week high happening on 06/05/23. YTD, GMDA has lost -3.02% or -$0.0400 and has reached a new high 12 times. However, the current price is down -62.60% from the 52-week high price.

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Valuation Metrics

GMDA stock has a beta of 1.53.

Gamida Cell Ltd.’s quick ratio for the period ended June 29 was 2.70, with the current ratio over the same period at 2.80. The firm’s gross profit as reported stood at $4.38 million against revenue of $74.99 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Analysts expected GMDA to announce -$0.19 per share in earnings in its latest quarter, but it posted -$0.31, representing a -63.20% surprise. GMDA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 138.22 million, with total debt at $90.75 million. Shareholders hold equity totaling $121.52 million.

Let’s look briefly at Gamida Cell Ltd. (GMDA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 42.33% to suggest the stock is trending Neutral, with historical volatility in this time period at 33.84%.

The stock’s 5-day moving average is $1.2340, reflecting a unch or $unch change from its current price. GMDA is currently trading -5.30% above its 20-day SMA, +62.34% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -42.40% and SMA200 by-27.75%.

Stochastic %K and %D was 63.23% and 55.34% and the average true range (ATR) pointed at 0.0780. The RSI (14) points at 38.41%, while the 14-day stochastic is at 83.36% with the period’s ATR at 0.0853. The stock’s 9-day MACD Oscillator is pointing at -0.0089 and -0.0100 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Gamida Cell Ltd. (NASDAQ: GMDA), Alliance Global Partners launched coverage with a Buy rating. Analysts offering their rating for GMDA stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate GMDA as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.

What is GMDA’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $5.00 and a high of $11.00, with their median price target at $6.00. Looking at these predictions, the average price target given by analysts is for Gamida Cell Ltd. (GMDA) stock is $7.00.

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