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NASDAQ:GBTGlobal Blood Therapeutics Stock Price, Forecast & News

$70.58
-0.54 (-0.76 %)
(As of 07/13/2020 04:00 PM ET)
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Today's Range
$70.45
Now: $70.58
$75.00
50-Day Range
$62.55
MA: $67.11
$71.12
52-Week Range
$39.95
Now: $70.58
$87.54
Volume849,398 shs
Average Volume1.10 million shs
Market Capitalization$4.30 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.89
Global Blood Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the discovery, development, and delivery of treatments for underserved patient communities. It is developing its lead product candidate, voxelotor, an oral, once-daily therapy for sickle cell disease (SCD). The company is evaluating voxelotor in SCD in a Phase III clinical trial in adult and adolescent patients with SCD. It is also evaluating the safety and pharmacokinetics of single and multiple doses of voxelotor in a Phase IIa clinical trial of adolescent and pediatric patients with SCD. Global Blood Therapeutics, Inc. was founded in 2011 and is headquartered in South San Francisco, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.4Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.60 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:GBT
CUSIPN/A
Phone650-741-7700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.11 million
Book Value$9.61 per share

Profitability

Net Income$-266,770,000.00

Miscellaneous

Employees171
Market Cap$4.30 billion
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Global Blood Therapeutics (NASDAQ:GBT) Frequently Asked Questions

How has Global Blood Therapeutics' stock been impacted by COVID-19 (Coronavirus)?

Global Blood Therapeutics' stock was trading at $54.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GBT stock has increased by 28.7% and is now trading at $70.58. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Global Blood Therapeutics?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Global Blood Therapeutics in the last year. There are currently 4 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Global Blood Therapeutics.

When is Global Blood Therapeutics' next earnings date?

Global Blood Therapeutics is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Global Blood Therapeutics.

How were Global Blood Therapeutics' earnings last quarter?

Global Blood Therapeutics Inc (NASDAQ:GBT) issued its quarterly earnings data on Wednesday, May, 6th. The company reported ($1.20) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($1.47) by $0.27. The firm had revenue of $14.12 million for the quarter, compared to analyst estimates of $3.65 million. During the same quarter in the prior year, the company earned ($0.87) EPS. View Global Blood Therapeutics' earnings history.

What price target have analysts set for GBT?

19 brokers have issued 1 year price objectives for Global Blood Therapeutics' shares. Their forecasts range from $60.00 to $150.00. On average, they expect Global Blood Therapeutics' stock price to reach $103.56 in the next twelve months. This suggests a possible upside of 46.7% from the stock's current price. View analysts' price targets for Global Blood Therapeutics.

Has Global Blood Therapeutics been receiving favorable news coverage?

News headlines about GBT stock have been trending very negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Global Blood Therapeutics earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Global Blood Therapeutics.

Are investors shorting Global Blood Therapeutics?

Global Blood Therapeutics saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 10,160,000 shares, an increase of 6.3% from the June 15th total of 9,560,000 shares. Based on an average daily volume of 873,900 shares, the days-to-cover ratio is presently 11.6 days. Approximately 17.1% of the company's shares are short sold. View Global Blood Therapeutics' Current Options Chain.

Who are some of Global Blood Therapeutics' key competitors?

What other stocks do shareholders of Global Blood Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Blood Therapeutics investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Cynosure (CYNO), TherapeuticsMD (TXMD), Exelixis (EXEL), AbbVie (ABBV), Advanced Micro Devices (AMD), Square (SQ) and Vertex Pharmaceuticals (VRTX).

Who are Global Blood Therapeutics' key executives?

Global Blood Therapeutics' management team includes the following people:
  • Dr. Ted W. Love, Pres, CEO & Director (Age 60)
  • Dr. Charles J. Homcy, Founder, Advisor & Director (Age 71)
  • Mr. Jeffrey S. Farrow, Chief Financial Officer (Age 57)
  • Mr. Peter Radovich, Sr. VP of Operations (Age 41)
  • Dr. Hing Sham, Sr. VP of Research (Age 67)

When did Global Blood Therapeutics IPO?

(GBT) raised $102 million in an initial public offering on Wednesday, August 12th 2015. The company issued 6,000,000 shares at $16.00-$18.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and Cowen and Company and Wedbush PacGrow were co-managers.

What is Global Blood Therapeutics' stock symbol?

Global Blood Therapeutics trades on the NASDAQ under the ticker symbol "GBT."

How do I buy shares of Global Blood Therapeutics?

Shares of GBT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Global Blood Therapeutics' stock price today?

One share of GBT stock can currently be purchased for approximately $70.58.

How big of a company is Global Blood Therapeutics?

Global Blood Therapeutics has a market capitalization of $4.30 billion and generates $2.11 million in revenue each year. The company earns $-266,770,000.00 in net income (profit) each year or ($4.71) on an earnings per share basis. Global Blood Therapeutics employs 171 workers across the globe.

What is Global Blood Therapeutics' official website?

The official website for Global Blood Therapeutics is www.gbt.com.

How can I contact Global Blood Therapeutics?

Global Blood Therapeutics' mailing address is 181 OYSTER POINT BLVD, SOUTH SAN FRANCISCO CA, 94080. The company can be reached via phone at 650-741-7700 or via email at [email protected]

This page was last updated on 7/14/2020 by MarketBeat.com Staff

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