As of Thursday close, Gamida Cell Ltd.’s (NASDAQ:GMDA) stock was down -$0.06, moving down -6.28 percent to $0.91. The average number of shares traded per day over the past five days has been 1,164,160 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.2304 fall in that time frame. In the last twenty days, the average volume was 949,165, while in the previous 50 days, it was 1,423,256.
Since last month, GMDA stock retreated -28.38%. Shares of the company fell to $0.8806 on 09/21/23, the lowest level in the past month. A 52-week high of $2.51 was reached on 06/05/23 after having rallying from a 52-week low of $0.56. Since the beginning of this year, GMDA’s stock price has dropped by -29.49% or -$0.3804, and marked a new high 12 times. However, the stock has declined by -63.76% since its 52-week high.
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GMDA stock investors should be aware that Gamida Cell Ltd. (GMDA) stock had its last reported insider trading activity 357 days ago on Sep 30. Blum Robert I, the Director of the company, purchased of 50,000 shares for $1.55 on Sep 30. It resulted in a $77,500 investment by the insider. Jenkins Abigail L. added 16,129 shares at an average price of $1.55 on Sep 30. The insider now owns 266,129 shares following the transaction. On Sep 30, Director WILLS STEPHEN T bought 9,677 shares at $1.55 apiece. The transaction was valued at $14,999.
Financial Health
In the three months ended June 29, Gamida Cell Ltd.’s quick ratio stood at 2.70, while its current ratio was 2.80, showing that the company is able to pay off its debt. Based on annual data, GMDA earned $4.38 million in gross profit and brought in $74.99 million in revenue.
While analysts expected Gamida Cell Ltd. to report -$0.19 quarterly earnings, the actual figure was -$0.31 per share, beating the consensus estimate by -63.20%. The liabilities of Gamida Cell Ltd. were 138.22 million at the end of its most recent quarter ended June 29, and its total debt was $90.75 million. The value of shareholders’ equity is $121.52 million.
Technical Picture
This quick technical analysis looks at Gamida Cell Ltd.’s (GMDA) price momentum. With a historical volatility rate of 38.31%, the RSI 9-day stood at 19.92% on 21 September.
With respect to its five-day moving average, the current Gamida Cell Ltd. price is down by -20.21% percent or -$0.2304. At present, GMDA shares trade -27.23% below its 20-day simple moving average and -43.15% percent below its 100-day simple moving average. However, the stock is currently trading approximately -42.79% below its SMA50 and -41.32% below its SMA200.
Stochastic coefficient K was 7.44% and Stochastic coefficient D was 11.02%, while ATR was 0.0798. Given the Stochastic reading of 7.64% for the 14-day period, the RSI (14) reading has been calculated as 25.21%. As of today, the MACD Oscillator reading stands at -0.1066, while the 14-day reading stands at -0.1478.
Analyst Ratings
Alliance Global Partners launched its rating on Gamida Cell Ltd. (NASDAQ: GMDA) to a Buy in a note to investors on November 01, 2021. Gamida Cell Ltd. (GMDA) has been rated Buy by analysts. According to 0 brokerage firms, GMDA is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Gamida Cell Ltd. stock as buy, with 4 recommending it as overweight.
With a median target price of $6.00, the current consensus forecast for the stock is $5.00 – $11.00. Based on these forecasts, analysts predict Gamida Cell Ltd. (GMDA) will achieve an average price target of $7.00.
