With 0.98 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.71 million shares. The 52-week range on GOSS shows that it touched its highest point at $1.55 and its lowest point at $0.50 during that stretch. It currently has a 1-year price target of $7.46. Beta for the stock currently stands at 1.85.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GOSS was down-trending over the past week, with a drop of -12.00%, but this was up by 41.57% over a month. Three-month performance dropped to -5.98% while six-month performance rose 23.99%. The stock gained 45.62% in the past year, while it has gained 21.60% so far this year. A look at the trailing 12-month EPS for GOSS yields -0.26 with Next year EPS estimates of -0.43. For the next quarter, that number is -0.19. This implies an EPS growth rate of -176.05% for this year and 38.14% for next year. EPS is expected to grow by 16.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.29%.
Float and Shares Shorts:
At present, 226.60 million GOSS shares are outstanding with a float of 182.60 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GOSS since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.18161 being high and -$0.32286 being low. For GOSS, this leads to a yearly average estimate of -$0.2825. Based on analyst estimates, the high estimate for the next quarter is -$0.17 and the low estimate is -$0.23. The average estimate for the next quarter is thus -$0.19.
