The stock of G1 Therapeutics Inc. (NASDAQ:GTHX) decreased by -$0.12 on Tuesday to finish at $1.37, down -8.39 percent. The last five days have seen an average of 735,460 shares of common stock traded. 10 times new highs were reached in the current year, with a fall of -$4.0650. The average number of shares traded over the last 20 days was 453,775, while the average volume over the last 50 days totaled 935,388.
GTHX stock dropped -25.00% since last month. On 09/19/23, the company’s shares reached a one-month low of $1.3400. The stock touched a high of $15.07 on 02/02/23, after rallying from a low of $1.47 in 52 weeks. The price of GTHX stock has declined by -74.86% or -$4.0650 this year, reaching a new high 10 times. Still, the stock price is down -90.95% from the 52-week high.
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Insider Transactions
GTHX stock investors should be aware that G1 Therapeutics Inc. (GTHX) stock had its last reported insider trading activity 43 days ago on Aug 08. On Aug 08, Director Velleca Mark A. sold 60,000 shares at $2.00 each. This transaction resulted in the insider making $119,974. On Jul 05, Bailey John E. (Jack) Jr. sold 2,719 shares at a price of US$2.45. After the transaction, the insider now owns 433,563 shares. Chief Operating Officer MURDOCK TERRY L had earlier sold 1,361 shares on Jul 05 for $2.45 a share. The transaction was completed for $3,339.
Valuation Metrics
Beta for the stock is 1.87. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.82, the price-to-book (PB) ratio of 1.23.
Financial Health
For the three months ended June 29, G1 Therapeutics Inc.’s quick ratio was 3.70, while its current ratio was 4.10, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.89, and the total debt to equity ratio is 0.89. As far as profitability goes, gross margin for the trailing twelve months is 94.40% percent. G1 Therapeutics Inc.’s EBITDA margin for the year ended June 29 was -264.42%, whereas its operating margin stood at -74.70% for the same period. Based on annual data, it had gross profit of $47.55 million and revenue of $51.3 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. GTHX’s return on assets (ROA) during the last 12 months has been -46.80%. There was a -94.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -143.30%.
Earnings Surprise
According to G1 Therapeutics Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $42.39 million, while revenues rose by 75.06% to $12.95 million. It was predicted that G1 Therapeutics Inc.’s quarterly earnings would be $0.14, but it ended up being -$0.22, beating the consensus by 163.60%. EBITDA was $11.95 million for the quarter. At the end of G1 Therapeutics Inc.’s most recent quarter ended June 29, its liabilities totaled 90.34 million, while its total debt was $55.93 million. Equity owned by shareholders amounts to $51.75 million.
Technical Picture
Here’s a quick look at G1 Therapeutics Inc.’s (GTHX) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 16.07%, suggesting the stock is oversold, with a 49.96% historical volatility rate.
The stochastic %K and %D were 5.25% and 8.42% respectively, while the average true range (ATR) was 0.0851. Based on the 14-day stochastic reading of 5.68%, the RSI (14) reading is 20.11%. On the 9-day MACD Oscillator, the stock is at -0.1133, and the 14-day reading is at -0.1554.
Analyst Ratings
In its most recent analyst report, JP Morgan raised its rating on G1 Therapeutics Inc. (NASDAQ: GTHX) to a Neutral. Prior to this, analysts firm rated the stock as an Underweight. Analysts have assigned G1 Therapeutics Inc. (GTHX) an Buy rating. GTHX is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 6 others recommend it as a buy.
What is GTHX’s price target for the next 12 months?
The current consensus forecast for the stock is between $5.00 and $19.00, with a median target price of $9.50. In analyzing these forecasts, the average price target given by analysts for G1 Therapeutics Inc. (GTHX) is $10.50.
