Guided Therapeutics Inc (OTCBB:GTHP) Drops To A New 52-Week Low

[[tagnumber 0]][[tagnumber 1]]Guided Therapeutics Inc (OTCBB:GTHP) and its shareholders have suffered through quite a lot this year. As the chart clearly shows, the company stock has been having a hard time keeping its value and has lost around 90% of the value it had in the beginning of 2015.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company is making great progress and is not shy about sharing this with us. It already has signed a multi–million dollar deal with the Turkish Ministry of Health for their LuViva® Advanced Cervical Scan devices as well as supplies needed for them. Still, the latest report has failed to impress.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 9]] [[tagnumber 10]]cash: $172 thousand[[tagnumber 11]] [[tagnumber 10]]current assets: $2.28 million[[tagnumber 11]] [[tagnumber 10]]current liabilities: $4.96 million[[tagnumber 11]] [[tagnumber 10]]quarterly revenues: $94 thousand[[tagnumber 11]] [[tagnumber 10]]quarterly net loss: $2.19 million[[tagnumber 11]] [[tagnumber 20]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]These numbers show that the revenues have dropped significantly when you compare them to the same period last year, while the change in the net loss is not that big. This time, however, [[tagnumber 24]]GTHP’s[[tagnumber 25]] cost of goods sold is way higher than the revenues, which means that they are working at a huge loss even before their products are ready to ship.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Meanwhile, as we have previously mentioned, [[tagnumber 24]]GTHP[[tagnumber 25]] has seen quite a lot of dilution. This might be just one of the reasons for which the ticker can’t stop falling. It did try to recover some lost value in a few sessions earlier this month, but it all came down with a blast yesterday.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]As [[tagnumber 24]]GTHP[[tagnumber 25]] lost 22.48% of its value during yesterday’s trading it hit a 52–week low of 2 cents per share. Trading was well above the average, but the 5.45 million shares that changed their owners generated only $109 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 24]]GTHP[[tagnumber 25]] seems keen on keeping its downward direction and is already sitting 10% down as of the writing of this article. Proceed with caution and remember to do your due diligence before putting any money on the line.[[tagnumber 2]]