GSAH stock: buy or sell?

GSAH stock price: $12.67 1.36% At close on February 13th, 2020

Updated on:
February 13th, 2020

4

After climbing to all-time highs several times in past weeks, GS Acquisition raised 1.36% to $12.67.

Should I buy GSAH stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with GS Acquisition stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean GSAH will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is GS Acquisition stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for GSAH stock for the last 30 days.

GSAH stock analysis

Daily outlook

GS Acquisition raised 1.36% on Thursday to $12.67 after marking all time highs on Tuesday.

GS Acquisition raised 1.36% on Thursday to $12.67 after topping to all time highs on Tuesday. From a daily perspective, GSAH is in a short term uptrend after plotting its last bottom ($12.28, on Jan 31st) higher than the previous bottom, and its last top ($13.75, on Tuesday) also over the previous top. Now trading in between its last bottom and last top GSAH might consolidate in a plain range, waiting to break out over $13.75 or down under $12.28. On Tuesday, GSAH hit a new all time high, pushing higher than on Feb/6 tops. Check different trading setups that use ATHs as triggers. On December GSAH price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.

GSAH stock chart (daily)

Weekly outlook

GS Acquisition shares set new all time highs back again this week, setting highs to $13.75. Shares closed at $12.67 and slightly fell -1.63% during the week.

Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $10.39 resistance. Early December GSAH price bounced up over the SMA of 20 weeks that acted as support stopping new slides.

GSAH stock chart (weekly)

GSAH stock price history

GSAH IPO was on July 31st, 2018 at $9.85 per share1. Since then, GSAH stock surged a 28.60%, with an average of 28.60% per year. If you had invested $1,000 in GSAH stock in 2018, it would worth $286.00 today.

1: Adjusted price after possible price splits or reverse-splits.

GSAH stock historical price chart

GSAH stock reached all-time highs on Tuesday with a price of $13.75.

GSAH stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' GSAH stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price prediction for GS Acquisition stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

GSAH earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

GS Acquisition ownership

When you are planning to buy shares of a company, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For GS Acquisition, 0.32% of all outstanding shares are owned by its staff.

In case of GS Acquisition stock, 55.36% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for GSAH stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to GS Acquisition:

GSAH
Market cap$874.2 M
Total shares69.0 M
Float shares68.8 M
  - Institutional holdings (%)55.4%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

GSAH summary

Thursday, February 13th, 2020
Open$12.66
Close$12.67
Day range$12.45 - $12.91
Previous close$12.50
Session gain1.36%
Average true range$0.55
50d mov avg$11.55
100d mov avg$10.89
200d mov avg$10.50
Daily patternlt06a
Weekly pattern lb02c

GS Acquisition performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For GS Acquisition, the comparison is made against .
Stock3m6m12m
GSAHGS Acquisition23.25%23.73%28.11%

GS Acquisition competitors

Unfortunately, we could not find any public company that could be defined as GS Acquisition competitor. This doesn't mean GS Acquisition does not have any competitor in the market, it's just we could not detected it.