Graybug Vision (NASDAQ:GRAY) Upgraded by Zacks Investment Research to Buy

Graybug Vision stock has undergone multiple analysts rating changes in the recent past.  Graybug Vision Upgraded by Zacks Investment Research on 10/12/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Graybug Vision traded up $0.04 on Tuesday, reaching $3.39. 0 shares of the stock traded hands, compared to its average volume of 192637. Shares of Graybug Vision were trading at $3.39 on Tuesday. The firm’s 50 day moving average is $3.74 and its 200 day moving average is $9.96.Graybug Vision has a 12 month low of $3.25 and a 12 month high of $37.88. While on yearly highs and lows, Graybug Vision’s today has traded high as $3.41 and has touched $3.25 on the downward trend. See More Analyst Rating at: RATING

Graybug Vision Earnings and What to expect: 

Graybug Vision last announced its earnings results on August 11th, 2021. The reported ($0.36) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.47) by $0.11. Graybug Vision has generated ($5.25) earnings per share over the last year. Earnings for Graybug Vision are expected to grow in the coming year, from ($1.69) to ($1.45) per share. Graybug Vision has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 11th, 2021 based off prior year’s report dates.

Earnings for Graybug Vision are expected to grow in the coming year, from ($1.69) to ($1.45) per share. The P/E ratio of Graybug Vision is -0.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Graybug Vision is -0.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Graybug Vision has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Graybug Vision (NASDAQ:GRAY) Moving Average Technical Analysis

5 day Moving Average is $3.35 And 5 day price change is $0.17 (5.28%)  with average volume for 5 day average is 114,980. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $3.45 and 20 day price change is -$0.22 (-6.09%) and average 20 day moving volume is 181,445. 50 day moving average is $3.74  and 50 day price change is -$0.73 ( -17.72%)  and with average volume for 50 days is : 203,182. 200 day moving average is $9.96  and 200 day price change is -$24.79 (-87.97%)  and with average volume for 200 days is : 959,698.

Other owners latest trading in Graybug Vision :

  • On 9/17/2021 shares held by Virtu Financial LLC were 65,899 which equates to market value of $0.36M and appx 0.00% owners of Graybug Vision
  • On 8/23/2021 shares held by Morgan Stanley were 609,412 which equates to market value of $3.31M and appx 0.00% owners of Graybug Vision
  • On 8/17/2021 shares held by Millennium Management LLC were 23,165 which equates to market value of $0.13M and appx 0.00% owners of Graybug Vision
  • In total Institutional ownership equates to Institutional Ownership Percentage: 55.14% for Graybug Vision

See More Analyst Rating at: RATING