Guardion Health Sciences Inc. [GHSI] is 21.61% higher this YTD. Is it still time to buy?

Guardion Health Sciences Inc. [NASDAQ: GHSI] stock went on a downward path that fall over -27.36% on Friday, amounting to a one-week price decrease of less than -53.70%. The company report on February 26, 2021 that Guardion Health Sciences Announces 1-for-6 Reverse Stock Split Effective Pre-Market Opening on Monday, March 1, 2021.

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Recent at-the-market financings and warrant exercises have netted a combined $37.2 million in 2021, providing an effective cash runway for program execution and acquisition strategy implementation.

Guardion Health Sciences, Inc. (Nasdaq: GHSI) (“Guardion” or the “Company”), a specialty health sciences company that develops clinically supported nutrition, medical foods, nutraceuticals and medical devices, with a focus in the ocular health marketplace, announced it will effect a 1-for-6 reverse split of its common stock effective as of 6:00 a.m. Eastern Time on Monday, March 1, 2021. Commencing with the opening of trading on the Nasdaq Capital Market on Monday, March 1, 2021, the Company’s common stock will trade on a post-split basis under the same symbol GHSI.

Over the last 12 months, GHSI stock rose by 7.38%.

The market cap for the stock reached $452.72 million, with 88.32 million shares outstanding and 78.14 million shares in the current float. Compared to the average trading volume of 5.40M shares, GHSI stock reached a trading volume of 12345824 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Guardion Health Sciences Inc. [GHSI]:

The Average True Range (ATR) for Guardion Health Sciences Inc. is set at 0.90, with the Price to Sales ratio for GHSI stock in the period of the last 12 months amounting to 238.27. The Price to Book ratio for the last quarter was 25.23, with the Price to Cash per share for the same quarter was set at 0.07.

GHSI Stock Performance Analysis:

Guardion Health Sciences Inc. [GHSI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -53.70. With this latest performance, GHSI shares dropped by -33.57% in over the last four-week period, additionally plugging by 45.87% over the last 6 months – not to mention a rise of 7.38% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GHSI stock in for the last two-week period is set at 33.68, with the RSI for the last a single of trading hit 25.09, and the three-weeks RSI is set at 39.57 for Guardion Health Sciences Inc. [GHSI]. The present Moving Average for the last 50 days of trading for this stock 0.6975, while it was recorded at 0.7543 for the last single week of trading, and 0.4211 for the last 200 days.

Insight into Guardion Health Sciences Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Guardion Health Sciences Inc. [GHSI] shares currently have an operating margin of -989.37 and a Gross Margin at +23.60. Guardion Health Sciences Inc.’s Net Margin is presently recorded at -1204.77.

Return on Total Capital for GHSI is now -113.05, given the latest momentum, and Return on Invested Capital for the company is -139.00. Return on Equity for this stock declined to -142.97, with Return on Assets sitting at -131.40. When it comes to the capital structure of this company, Guardion Health Sciences Inc. [GHSI] has a Total Debt to Total Equity ratio set at 4.87. Additionally, GHSI Total Debt to Total Capital is recorded at 4.65, with Total Debt to Total Assets ending up at 4.55. Long-Term Debt to Equity for the company is recorded at 3.61, with the Long-Term Debt to Total Capital now at 3.45.

Reflecting on the efficiency of the workforce at the company, Guardion Health Sciences Inc. [GHSI] managed to generate an average of -$494,469 per employee. Receivables Turnover for the company is 16.95 with a Total Asset Turnover recorded at a value of 0.11.Guardion Health Sciences Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.70 and a Current Ratio set at 9.80.

Guardion Health Sciences Inc. [GHSI] Insider Position Details

There are presently around $2 million, or 4.10% of GHSI stock, in the hands of institutional investors. The top three institutional holders of GHSI stocks are: VANGUARD GROUP INC with ownership of 3,053,224, which is approximately 7.375% of the company’s market cap and around 1.80% of the total institutional ownership; GEODE CAPITAL MANAGEMENT, LLC, holding 434,372 shares of the stock with an approximate value of $0.22 million in GHSI stocks shares; and CITADEL ADVISORS LLC, currently with $0.17 million in GHSI stock with ownership of nearly -4.018% of the company’s market capitalization.

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12 institutional holders increased their position in Guardion Health Sciences Inc. [NASDAQ:GHSI] by around 484,860 shares. Additionally, 8 investors decreased positions by around 790,426 shares, while 3 investors held positions by with 3,126,611 shares. The mentioned changes placed institutional holdings at 4,401,897 shares, according to the latest SEC report filing. GHSI stock had 7 new institutional investments in for a total of 144,087 shares, while 5 institutional investors sold positions of 621,472 shares during the same period.

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