Graybug Vision Inc. (NASDAQ:GRAY) went up by 22.35% from its latest closing price compared to the recent 1-year high of $37.88. The company’s stock price has collected 23.16% of gains in the last five trading sessions. Press Release reported on 05/12/21 that Graybug Vision Announces First Quarter 2021 Financial Results and Recent Corporate Developments
Is It Worth Investing in Graybug Vision Inc. (NASDAQ :GRAY) Right Now?
Opinions of the stock are interesting as 1 analysts out of 5 who provided ratings for Graybug Vision Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $4.75, which is -$0.78 below the current price. GRAY currently public float of 18.85M and currently shorts hold a 6.57% ratio of that float. Today, the average trading volume of GRAY was 919.68K shares.
GRAY’s Market Performance
GRAY stocks went up by 23.16% for the week, with a monthly jump of 16.91% and a quarterly performance of -30.87%. The volatility ratio for the week stands at 16.58% while the volatility levels for the past 30 days are set at 10.76% for Graybug Vision Inc.. The simple moving average for the period of the last 20 days is 40.04% for GRAY stocks with a simple moving average of -66.57% for the last 200 days.
Analysts’ Opinion of GRAY
Many brokerage firms have already submitted their reports for GRAY stocks, with Wedbush repeating the rating for GRAY by listing it as a “Neutral.” The predicted price for GRAY in the upcoming period, according to Wedbush is $8 based on the research report published on March 10th of the current year 2021.
Piper Sandler, on the other hand, stated in their research note that they expect to see GRAY reach a price target of $10, previously predicting the price at $27. The rating they have provided for GRAY stocks is “Neutral” according to the report published on March 09th, 2021.
Cantor Fitzgerald gave a rating of “Overweight” to GRAY, setting the target price at $42 in the report published on December 22nd of the previous year.
GRAY Trading at 22.35% from the 50-Day Moving Average
After a stumble in the market that brought GRAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.40% of loss for the given period.
Volatility was left at 10.76%, however, over the last 30 days, the volatility rate increased by 16.58%, as shares surge +34.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.54% lower at present.
During the last 5 trading sessions, GRAY rose by +23.16%, in comparison to the 20-day moving average, which settled at $4.02. In addition, Graybug Vision Inc. saw -80.94% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GRAY
The total capital return value is set at -48.43, while invested capital returns managed to touch -44.69.
The liquidity ratio also appears to be rather interesting for investors as it stands at 14.18.