The volatility ratio for the week is 8.03%, and the volatility levels for the last 30 days are 10.58% for Fractyl Health Inc. The simple moving average for the past 20 days is -3.33% for GUTS’s stock, with a -15.40% simple moving average for the past 200 days.
Is It Worth Investing in Fractyl Health Inc. (NASDAQ: GUTS) Right Now?
Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GUTS is 22.26M, and currently, short sellers hold a 16.08% ratio of that float. The average trading volume of GUTS on April 26, 2024 was 411.21K shares.
GUTS) stock’s latest price update
The stock of Fractyl Health Inc. (NASDAQ: GUTS) has increased by 6.84 when compared to last closing price of 6.29.Despite this, the company has seen a gain of 2.28% in its stock price over the last five trading days. InvestorPlace reported 2024-04-17 that Volatile stocks are short-term traders’ bread and butter. Making money both ways – whether the stock goes up or down – means that finding the most volatile stocks is the shortest path to fast cash opportunities for day traders and swing traders alike.
Analysts’ Opinion of GUTS
Morgan Stanley, on the other hand, stated in their research note that they expect to see GUTS reach a price target of $18. The rating they have provided for GUTS stocks is “Overweight” according to the report published on February 27th, 2024.
BofA Securities gave a rating of “Buy” to GUTS, setting the target price at $26 in the report published on February 27th of the current year.
GUTS Trading at -11.33% from the 50-Day Moving Average
After a stumble in the market that brought GUTS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.66% of loss for the given period.
Volatility was left at 10.58%, however, over the last 30 days, the volatility rate increased by 8.03%, as shares sank -6.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.11% lower at present.
During the last 5 trading sessions, GUTS rose by +2.28%, in comparison to the 20-day moving average, which settled at $6.93. In addition, Fractyl Health Inc. saw -47.70% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GUTS starting from Elia Marc, who purchase 466,666 shares at the price of $15.00 back on Feb 06 ’24. After this action, Elia Marc now owns 1,856,117 shares of Fractyl Health Inc., valued at $6,999,990 using the latest closing price.
CVF, LLC, the 10% Owner of Fractyl Health Inc., purchase 333,333 shares at $15.00 during a trade that took place back on Feb 06 ’24, which means that CVF, LLC is holding 4,673,870 shares at $4,999,995 based on the most recent closing price.
Stock Fundamentals for GUTS
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.19.
Conclusion
To put it simply, Fractyl Health Inc. (GUTS) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
