Generation Bio Co (NASDAQ: GBIO) Emerges As Guiding Light For Investors

Generation Bio Co (NASDAQ:GBIO) currently has a daily average trading volume of 324.02K but it saw 1577065 shares traded in last market. With a market cap of 59.31M USD, the company’s current market price of $0.89 came rising about 0.91 while comparing to the previous closing price of $0.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.65 and as low as $0.75. In the recent trading on the day, stock has struck highest price mark of $0.8756 while lowest mark touched by it was $1.0.

Taking a look at 20-day trading activity of Generation Bio Co (GBIO) gives us an average price of $1.0487, while its current price level is -80.90% below from 52-week high level whereas it is 18.40% 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 $1.3881 while that of 200 days or SMA-200 reads an average of $2.4853. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.57% during that period while stretching the period over a month that decreases to 14.00%. 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 29.51 which implies that the stock is in oversold territory.

Over the week, GBIO’s stock price is moving -14.62% down while it is -25.38% when we observe its performance for the past one month. Year-to-date it is -16.23% down and over the past year, the stock is showing a downside performance of -53.51%.

Currently, Generation Bio Co’s total number of outstanding shares is 66.75M. Company’s return on investment (ROI) stands at -77.62% and return on equity (ROE) at -86.50%. Stock’s beta reads 2.74. Stock has a price to book (P/B) ratio of 0.57 while price to sale or P/S ratio amounts to 3.19. Its return on asset (ROA) is -46.16% on average.