Gilead Sciences, Inc. GILD Stock Analysis

Gilead Sciences, Inc. stock trades under the ticker GILD & has shown recent bullish behavior that traders & investors should research further into.

GILD stock closed at $79.65/share on 3/15/2023.

Gilead Sciences, Inc. GILD Stock’s Technical Performance Broken Down

Gilead Sciences, Inc. GILD Stock's Technical Performance Over The Past Year
Gilead Sciences, Inc. GILD Stock’s Technical Performance Over The Past Year

GILD: $79.65

10 Day Moving Average: $79.36

50 Day Moving Average: $82.77

200 Day Moving Average: $71.74

RSI: 42.82

MACD: -1.152

Yesterday, GILD completed a bullish MACD crossover, losing -0.15% on the day’s session.

Recent trading volumes have been below average & their RSI is moving towards the oversold end of neutral, with recent candlesticks signaling that there is more near-term losses on the horizon.

This will create more opportune price levels for traders & investors to enter a position or add to an existing position.

GILD stock has support at the $79.36 (10 day moving average), $78.66 & $77.55/share price levels, as they try to break out above the $79.72, $80.50 & $81.04/share resistance levels.

Gilead Sciences, Inc. GILD Stock As A Long-Term Investment

Investors with longer time horizons will like GILD stock’s 22.28 P/E (ttm), but may find their 4.76 P/B (mrq) to be a bit higher than they’d prefer.

They recently reported 2% Quarterly Revenue Growth Y-o-Y, with 329.3% Quarterly Earnings Growth Y-o-Y.

Their balance sheet will require a more thorough examination, with $7.14B of Total Cash (mrq) & $25.1B of Total Debt (mrq).

GILD stock pays a 3.66% dividend, which may not be sustainable in the long-run, as their payout ratio is 80.22%.

86.44% of GILD stock’s outstanding share float is owned by institutional investors.

Gilead Sciences, Inc. GILD Stock As A Short-Term Trade Using Options

Traders with shorter time frames can trade options to profit from GILD stock’s price movements, while protecting their portfolios from volatility.

I am looking at the contracts with the 4/21 expiration date.

The $77.50, $75 & $70 call options are all in-the-money, listed from highest to lowest level of open interest.

The $82.50, $80 & $85 puts are also all in-the-money, with the former strike being more liquid than the latter.

Tying It All Together

GILD stock has many interesting attributes that traders & investors will find appealing.

Investors will like their P/E (ttm) & dividend yield, but should look into their balance sheet for clues about how sustainable their yield is in the long-run.

Traders will like their recent technical performance, as well as their liquid options.

All-in-all, it is worth taking a closer look into GILD stock to see how it fits into your portfolio strategy.


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