Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
BioNexus Gene Lab Corp (NASDAQ: BGLC) closed the day trading at $4.84 down -6.02% from the previous closing price of $5.15. In other words, the price has decreased by -$6.02 from its previous closing price. On the day, 2.2 million shares were traded. BGLC stock price reached its highest trading level at $5.1299 during the session, while it also had its lowest trading level at $4.25.
Ratios:
For a better understanding of BGLC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 3.63. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BGLC now has a Market Capitalization of 8695530 and an Enterprise Value of 5849596. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 0.612 whereas that against EBITDA is -1.962.
Stock Price History:
The Beta on a monthly basis for BGLC is 2.20, which has changed by 0.609375 over the last 52 weeks, in comparison to a change of 0.15085125 over the same period for the S&P500. Over the past 52 weeks, BGLC has reached a high of $15.60, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -7.85%, while the 200-Day Moving Average is calculated to be 14.44%.
Shares Statistics:
Over the past 3-months, BGLC traded about 101.37K shares per day on average, while over the past 10 days, BGLC traded about 19770 shares per day. A total of 1.80M shares are outstanding, with a floating share count of 1.27M. Insiders hold about 29.08% of the company’s shares, while institutions hold 0.53% stake in the company. Shares short for BGLC as of 1761868800 were 15556 with a Short Ratio of 0.15, compared to 1759190400 on 41741. Therefore, it implies a Short% of Shares Outstanding of 15556 and a Short% of Float of 0.8699999999999999.
