Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $1.43 in the prior trading day, BioAffinity Technologies Inc (NASDAQ: BIAF) closed at $1.45, up 1.40%. In other words, the price has increased by $1.40 from its previous closing price. On the day, 65732.0 shares were traded. BIAF stock price reached its highest trading level at $1.5 during the session, while it also had its lowest trading level at $1.4.
Ratios:
Our goal is to gain a better understanding of BIAF by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.65. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.03.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIAF now has a Market Capitalization of 6523128 and an Enterprise Value of -474985. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at -0.07 whereas that against EBITDA is 0.048.
Stock Price History:
The Beta on a monthly basis for BIAF is 2.49, which has changed by -0.96076816 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, BIAF has reached a high of $46.53, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is -46.02%, while the 200-Day Moving Average is calculated to be -83.69%.
Shares Statistics:
The stock has traded on average 2.80M shares per day over the past 3-months and 119080 shares per day over the last 10 days, according to various share statistics. A total of 4.50M shares are outstanding, with a floating share count of 4.35M. Insiders hold about 3.38% of the company’s shares, while institutions hold 8.76% stake in the company. Shares short for BIAF as of 1763078400 were 113164 with a Short Ratio of 0.04, compared to 1760486400 on 192297. Therefore, it implies a Short% of Shares Outstanding of 113164 and a Short% of Float of 2.5700000000000003.
