KD Logo

Guardant Health Inc (GH) gets rating Upgrade from Guggenheim

Guardant Health Inc’s filing revealed that its Chief Information Officer Kalia Kumud unloaded Company’s shares for reported $0.2 million on Nov 18 ’24. In the deal valued at $29.25 per share,7,000 shares were sold. As a result of this transaction, Kalia Kumud now holds 17,744 shares worth roughly $0.61 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Kalia Kumud bought 7,000 shares, generating $204,722 in total proceeds.

Before that, Joyce Meghan V. sold 2,896 shares. Guardant Health Inc shares valued at $86,595 were divested by the Director at a price of $29.90 per share. As a result of the transaction, Joyce Meghan V. now holds 7,648 shares, worth roughly $0.26 million.

Guggenheim upgraded its Guardant Health Inc [GH] rating to a Buy from a a Neutral in a research note published recently. Guggenheim started covering the stock on December 14, 2023. It rated GH as “a Neutral”.

Price Performance Review of GH

On Tuesday, Guardant Health Inc [NASDAQ:GH] saw its stock fall -2.91% to $34.37. Over the last five days, the stock has gained 12.03%. Guardant Health Inc shares have risen nearly 27.06% since the year began. Nevertheless, the stocks have risen 42.08% over the past one year. While a 52-week high of $37.04 was reached on 07/30/24, a 52-week low of $15.81 was recorded on 04/19/24. SMA at 50 days reached $24.61, while 200 days put it at $24.59.

Levels Of Support And Resistance For GH Stock

The 24-hour chart illustrates a support level at 33.73, which if violated will result in even more drops to 33.09. On the upside, there is a resistance level at 35.03. A further resistance level may holdings at 35.69. The Relative Strength Index (RSI) on the 14-day chart is 73.44, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.36, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.09%. Stochastics %K at 88.11% indicates the stock is a selling.

How much short interest is there in Guardant Health Inc?

A steep rise in short interest was recorded in Guardant Health Inc stocks on 2024-11-15, dropping by -4.29 million shares to a total of 9.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 13.68 million shares. There was a decline of -45.7%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 13, 2023 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .

Most Popular