Fractyl Health Inc [NASDAQ: GUTS] surged by $0.11 during the normal trading session on while it closed the day at $1.22.
Fractyl Health Inc stock has also gained 28.79% of its value over the past 7 days. However, GUTS stock has declined by -32.60% in the 3 months of the year. Over the past six months meanwhile, it has lost -48.52% and lost -40.78% year-on date.
The market cap for GUTS stock reached $59.68 million, with 48.76 million shares outstanding and 20.86 million shares in the current float. Compared to the average trading volume of 280.03K shares, GUTS reached a trading volume of 313119 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Fractyl Health Inc [GUTS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GUTS shares is $9.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GUTS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Fractyl Health Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 28, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Overweight. The new note on the price target was released on February 27, 2024, representing the official price target for Fractyl Health Inc stock. Previously, the target price had yet another raise to $26, while BofA Securities analysts kept a Buy rating on GUTS stock.
The Average True Range (ATR) for Fractyl Health Inc is set at 0.11, with the Price to Sales ratio for GUTS stock in the period of the last 12 months amounting to 663.12. The Price to Book ratio for the last quarter was 2.09, with the Price to Cash per share for the same quarter was set at 1.38.
GUTS stock trade performance evaluation
Fractyl Health Inc [GUTS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 28.79. With this latest performance, GUTS shares dropped by -3.17% in over the last four-week period, additionally sinking by -48.52% over the last 6 months – not to mention a drop of -82.14% 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 GUTS stock in for the last two-week period is set at 52.03, with the RSI for the last a single of trading hit 59.15, and the three-weeks RSI is set at 47.85 for Fractyl Health Inc [GUTS]. The present Moving Average for the last 50 days of trading for this stock 1.3196, while it was recorded at 1.0969 for the last single week of trading, and 2.3161 for the last 200 days.
Fractyl Health Inc [GUTS]: An insightful look at the core fundamentals
Fractyl Health Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.63 and a Current Ratio set at 3.63.
Earnings per share (EPS) analysis for Fractyl Health Inc [GUTS] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GUTS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fractyl Health Inc go to 12.51%.
Fractyl Health Inc [GUTS]: Institutional Ownership
There are presently around $83.34%, or 87.46%% of GUTS stock, in the hands of institutional investors. The top three institutional holders of GUTS stocks are: DEER MANAGEMENT CO. LLC with ownership of 4.77 million shares, which is approximately 9.9603%. HCC MANAGER LLC, holding 4.67 million shares of the stock with an approximate value of $$34.59 million in GUTS stocks shares; and HCC MANAGER LLC, currently with $$18.17 million in GUTS stock with ownership which is approximately 8.8825%.
