Why The Guardion (GHSI) Stock Is Uprising During Premarket Trading?

0
773
BLNK
BLNK

Shares of clinical nutrition and diagnostics company Guardion Health Sciences, Inc. (NASDAQ: GHSI) rose 4.89% to $2.79 in premarket trading. Guardion stock has gained 2.70 percent in the last five sessions; nonetheless, it has lost -43.23% in the last month.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

GHSI stock has soared 69.92% over the last three months, but has rise 6.83 percent since beginning of the year. The price of GHSI stock jumped today in pre-market trading after news of financial results was announced by Guardion.


Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored


Read More

How GHSI performed?

Health care professionals, patients, and consumers can achieve their health goals using Guardion’s expertise in clinical nutrition, medical foods, and diagnostics. In addition to its commercial and development initiatives, Guardion also has a scientific and medical advisory board, headed by seasoned medical executives, with years of experience.

Financial results for the three-month period and the year ended December 31, 2020 were announced by Guardion today.

A reverse split of the Company’s outstanding common stock in the ratio of 1 for 6 shall become effective March 1, 2021. In light of the reverse stock split, all share and per share amounts included herein have been adjusted retroactively to avoid double counting. Following are some financial highlights for the year ending December 31, 2020:

  • Increase of approximately 109% in revenue of $1,889,844 during the fiscal year 2020 was generated compared to $902,937 of revenue generated in 2019.
  • Loss of $(8,571,657) or $(0.60) per share for the year ended December 31, 2020, was recorded compared with a loss of $(10,878,308) or $(1.79) per share for the prior year.
  • There was $8,518,732 in cash at December 31, 2020.

    Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

  • After adjusting for the sale of GHSI common stock and warrant exercises in January and February 2020, pro forma cash balance at Guardion Health (GHSI) on December 31, 2020 was $45,727,241.

LEAVE A REPLY

Please enter your comment!
Please enter your name here