Gamida Cell Ltd. (NASDAQ:GMDA) finished Thursday with a subtraction of -$0.04 to close at $1.21, a downside of -3.21 percent. An average of 798,871 shares of common stock have been traded in the last five days. There was a gain of $0.0100 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,669,793 shares traded, while the 50-day average volume stands at 1,696,643.
GMDA stock has decreased by -8.34% in the last month. The company shares reached their 1-month lowest point of $1.0000 on 08/14/23. With the stock rallying to its 52-week high on 06/05/23, shares of the company touched a low of $0.56 and a high of $3.35 in 52 weeks. It has reached a new high 12 times so far this year and lost -6.21% or -$0.0700 in price. In spite of this, the price is down -63.83% from the 52-week high.
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Financial Health
The quick ratio of Gamida Cell Ltd. for the three months ended June 29 was 2.70, and the current ratio was 2.80, indicating that the company is able to meet its debt obligations. Its gross profit as reported stood at $4.38 million compared to revenue of $74.99 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Gamida Cell Ltd.’s return on assets was -81.70%.
Earnings Surprise
The analyst consensus anticipated Gamida Cell Ltd.’s latest quarter earnings to come in at -$0.19 per share, but it turned out to be -$0.31, a -63.20% surprise. Shareholders own equity worth $121.52 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Gamida Cell Ltd. (GMDA) price momentum. RSI 9-day as of the close on 24 August was 37.41%, suggesting the stock is Neutral, with historical volatility in this time frame at 29.16%.
As of today, GMDA’s price is $1.2440 +0.83% or $0.0100 from its 5-day moving average. GMDA is currently trading -12.86% lower than its 20-day SMA and +50.62% higher than its 100-day SMA. However, the stock’s current price level is -41.35% below the SMA50 and -28.65% below the SMA200.
The stochastic %K and %D were 80.03% and 80.86%, respectively, and the average true range (ATR) was 0.0721. With the 14-day stochastic at 73.36% and the average true range at 0.0798, the RSI (14) stands at 36.50%. The stock has reached 0.0000 on the 9-day MACD Oscillator while the 14-day reading was at 0.0000.
Analyst Ratings
Alliance Global Partners launched coverage on Gamida Cell Ltd. (NASDAQ: GMDA) in its analyst report released on November 01, 2021. The firm assigned the stock a Buy rating. The consensus rating for Gamida Cell Ltd. (GMDA) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GMDA, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.
What is GMDA’s price target for the next 12 months?
Analysts predict a range of price targets between $5.00 and $11.00, with a median target of $6.00. Taking a look at these predictions, the average price target given by analysts for Gamida Cell Ltd. (GMDA) stock is $7.00.
