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NASDAQ:GRTS

Gritstone bio (GRTS) Stock Price, News & Analysis

$0.65
0.00 (0.00%)
(As of 07/26/2024 ET)
Today's Range
$0.63
$0.67
50-Day Range
$0.57
$0.84
52-Week Range
$0.52
$3.33
Volume
571,179 shs
Average Volume
1.70 million shs
Market Capitalization
$70.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.75

Gritstone bio MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
628.0% Upside
$4.75 Price Target
Short Interest
Healthy
8.12% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.05mentions of Gritstone bio in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$35,453 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.99) to ($0.87) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.18 out of 5 stars

Medical Sector

601st out of 936 stocks

Biological Products, Except Diagnostic Industry

95th out of 154 stocks

GRTS stock logo

About Gritstone bio Stock (NASDAQ:GRTS)

Gritstone bio, Inc., a clinical-stage biotechnology company, engages in developing vaccine-based immunotherapy candidates against cancer and infectious diseases. Its primary product candidate is GRANITE, an individualized immunotherapy candidate, which is in Phase 2/3 clinical trials for the treatment of microsatellite stable colorectal cancers; and has completed Phase 1/2 clinical trials for treating solid tumors. The company is also developing SLATE, an off-the-shelf immunotherapy candidate, which is in Phase 2 clinical trials for the treatment of metastatic solid tumors. In addition, it develops CORAL, a COVID-19 vaccine program; and a therapeutic vaccine candidate that is in Phase 1 clinical trials designed to treat and cure human immunodeficiency virus (HIV) infection. Gritstone bio, Inc. has a strategic collaboration with bluebird bio, Inc.; collaboration agreement with Gilead Sciences, Inc.; and license agreement with Genevant Sciences GmbH. The company was formerly known as Gritstone Oncology, Inc. and changed its name to Gritstone bio, Inc. in May 2021. Gritstone bio, Inc. was incorporated in 2015 and is headquartered in Emeryville, California.

GRTS Stock Price History

GRTS Stock News Headlines

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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:GRTS
Fax
N/A
Employees
190
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.75
High Stock Price Target
$7.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+628.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-138,490,000.00
Net Margins
-926.13%
Pretax Margin
-926.13%

Debt

Sales & Book Value

Annual Sales
$16.34 million
Book Value
$0.54 per share

Miscellaneous

Free Float
103,564,000
Market Cap
$70.84 million
Optionable
Optionable
Beta
0.50
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Key Executives

  • Dr. Andrew R. Allen BCh (Age 58)
    BM, M.D., MA, MRCP, Ph.D., Co-Founder, President, CEO & Director
    Comp: $1.01M
  • Mr. Erin E. Jones M.S. (Age 52)
    Executive VP & COO
    Comp: $689.87k
  • Dr. Karin Jooss Ph.D. (Age 59)
    Executive VP and Head of Research & Development
    Comp: $748.2k
  • Ms. Vassiliki Economides (Age 44)
    Executive VP & CFO
  • Mr. James Cho
    Chief Accounting Officer
  • Mr. George E. MacDougall
    Director of Investor Relations & Corporate Communications
  • Ms. Stacy Proctor
    Executive VP & Chief People Officer
  • Dr. Matthew J. Hawryluk M.B.A. (Age 46)
    Ph.D., Executive VP & Chief Business Officer

GRTS Stock Analysis - Frequently Asked Questions

How have GRTS shares performed this year?

Gritstone bio's stock was trading at $2.04 on January 1st, 2024. Since then, GRTS stock has decreased by 68.0% and is now trading at $0.6525.
View the best growth stocks for 2024 here
.

How were Gritstone bio's earnings last quarter?

Gritstone bio, Inc. (NASDAQ:GRTS) issued its quarterly earnings data on Thursday, May, 9th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by $0.04. The firm had revenue of $1.74 million for the quarter, compared to analyst estimates of $5.90 million. Gritstone bio had a negative trailing twelve-month return on equity of 232.42% and a negative net margin of 926.13%.

What is Andrew Allen's approval rating as Gritstone bio's CEO?

1 employees have rated Gritstone bio Chief Executive Officer Andrew Allen on Glassdoor.com. Andrew Allen has an approval rating of 100% among the company's employees. This puts Andrew Allen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When did Gritstone bio IPO?

Gritstone bio (GRTS) raised $85 million in an initial public offering (IPO) on Friday, September 28th 2018. The company issued 6,100,000 shares at $13.00-$15.00 per share. Goldman Sachs, Cowen and Barclays served as the underwriters for the IPO and BTIG was co-manager.

How do I buy shares of Gritstone bio?

Shares of GRTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Gritstone bio own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gritstone bio investors own include ADMA Biologics (ADMA), Bionano Genomics (BNGO), Matinas BioPharma (MTNB), Novan (NOVN), Sorrento Therapeutics (SRNE), Zosano Pharma (ZSAN) and Enerplus (ERF).

This page (NASDAQ:GRTS) was last updated on 7/27/2024 by MarketBeat.com Staff

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