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Gritstone bio (GRTSQ)
OTHER OTC:GRTSQ
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GRTSQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.01 - $3.17
Previous Close$0.02
Volume1.13M
Average Volume (3M)17.61M
Market Cap
$2.28M
Enterprise Value$49.06M
Total Cash (Recent Filing)$55.71M
Total Debt (Recent Filing)$102.49M
Price to Earnings (P/E)―
Beta2.32
Next Earnings
Nov 07, 2024EPS Estimate
-$0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.15
Shares Outstanding118,109,074
10 Day Avg. Volume74,815,685
30 Day Avg. Volume17,609,492
Standard Deviation0.52
R-Squared0.00245
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)0.16
Price to Sales (P/S)47.99
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.52
Enterprise Value/Gross Profit3.00
Enterprise Value/Ebitda-0.41
Forecast
1Y Price Target
$1.75Price Target Upside8967.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Bulls Say, Bears Say
Bulls Say
Clinical Trial ProgressPhase 2 results for the GRANITE neoantigen program present a compelling near-term catalyst.
Financial PerformanceGritstone reported 2Q results slightly ahead of consensus estimates on lower-than-anticipated expenses.
Regulatory ApprovalIncrease in probability of approval to 60% for this high-unmet-need and difficult indication.
Bears Say
Financial PerformanceRecent equity weakness is attributed to disappointing ctDNA primary efficacy results that overshadowed better than expected preliminary PFS dataset.
Funding And Development UncertaintyThe insufficient funding and lack of a clear path forward brings significant uncertainties to the development of Gritstone’s pipeline at this point.
Investor SentimentThere is a significant value disconnect due to negative investor perception of initial preliminary data.
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Ownership Overview
9.96% Insiders
7.53% Mutual Funds
0.28% Other Institutional Investors
75.28% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GRTSQ FAQ
What was Gritstone bio’s price range in the past 12 months?
Gritstone bio lowest stock price was $0.01 and its highest was $3.17 in the past 12 months.
What is Gritstone bio’s market cap?
Currently, no data Available
When is Gritstone bio’s upcoming earnings report date?
Gritstone bio’s upcoming earnings report date is Nov 07, 2024 which is in 7 days.
How were Gritstone bio’s earnings last quarter?
Gritstone bio released its earnings results on Aug 13, 2024. The company reported -$0.16 earnings per share for the quarter, beating the consensus estimate of -$0.274 by $0.114.
Is Gritstone bio overvalued?
According to Wall Street analysts Gritstone bio’s price is currently Undervalued.
Does Gritstone bio pay dividends?
Gritstone bio does not currently pay dividends.
What is Gritstone bio’s EPS estimate?
Gritstone bio’s EPS estimate is -$0.19.
How many shares outstanding does Gritstone bio have?
Gritstone bio has 118,109,080 shares outstanding.
What happened to Gritstone bio’s price movement after its last earnings report?
Gritstone bio reported an EPS of -$0.16 in its last earnings report, beating expectations of -$0.274. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Gritstone bio?
Among the largest hedge funds holding Gritstone bio’s share is Versant Venture Management, LLC. It holds Gritstone bio’s shares valued at 2M.
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Gritstone bio Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$1.75 (8967.36% Upside)
$1.75 (8967.36% Upside)
Blogger Sentiment
Bullish
GRTSQ Sentiment 100%
Sector Average 71%
Sector Average 71%
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.5%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-98.99%
12-Months-Change
Fundamentals
Return on Equity
-201.94%
Trailing 12-Months
Asset Growth
-35.97%
Trailing 12-Months
Company Description
Gritstone bio
Gritstone Oncology, Inc. clinical-stage biotechnology company, which engages in developing the next generation of cancer immunotherapies to fight multiple cancer types. The company was founded in August 2015 by Andrew Allen, Timothy Chan, Mark Cobbold, Graham Lord, Naiyer Rizvi and Jean-Charles Soria and is headquartered in Emeryville, CA.
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GRTSQ Company Deck
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GRTSQ Earnings Call
Q1 2024
0:00 / 0:00
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GRTSQ Stock 12 Month Forecast
Average Price Target
$1.75
▲(8967.36% Upside)
Technical Analysis
Best Analysts Covering GRTSQ
1 Year
1 Year Success Rate
5/18 ratings generated profit
1 Year Average Return
-8.89%
reiterated a buy rating last month
Copying Sean Lee CFA's trades and holding each position for 1 Year would result in 27.78% of your transactions generating a profit, with an average return of -8.89% per trade.
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