Investors Are Waking Up To Gritstone Bio Inc (NASDAQ: GRTS) After Losing -97.57% Over The Past 12 Months

Gritstone Bio Inc (NASDAQ:GRTS) currently has a daily average trading volume of 14.58M but it saw 46029061 shares traded in last market. With a market cap of 6.14M USD, the company’s current market price of $0.05 came falling about -13.33 while comparing to the previous closing price of $0.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.17 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.0499 while lowest mark touched by it was $0.06.

Taking a look at 20-day trading activity of Gritstone Bio Inc (GRTS) gives us an average price of $0.2966, while its current price level is -98.36% below from 52-week high level whereas it is 5.69% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4205 while that of 200 days or SMA-200 reads an average of $1.1885. A closer look into the stock’s movement over the week reveals that its volatility is standing at 32.48% during that period while stretching the period over a month that decreases to 24.17%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 19.34 which implies that the stock is in oversold territory.

Over the week, GRTS’s stock price is moving -16.26% down while it is -90.52% when we observe its performance for the past one month. Year-to-date it is -97.45% down and over the past year, the stock is showing a downside performance of -97.57%.

Currently, Gritstone Bio Inc’s total number of outstanding shares is 118.11M. Company’s return on investment (ROI) stands at -113.20% and return on equity (ROE) at -201.94%. Stock’s beta reads 0.49. Stock has a price to book (P/B) ratio of 0.28 while price to sale or P/S ratio amounts to 12.28. Its return on asset (ROA) is -72.86% on average.