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.
The price of Standard BioTools Inc (NASDAQ: LAB) closed at $1.08 in the last session, up 2.86% from day before closing price of $1.05. In other words, the price has increased by $2.86 from its previous closing price. On the day, 1.63 million shares were traded.
Ratios:
We take a closer look at LAB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.37 and its Current Ratio is at 6.12. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
On April 16, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $3.50.
On April 04, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $3.25.Jefferies initiated its Buy rating on April 04, 2024, with a $3.25 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 28 ’25 when Casdin Partners Master Fund, L bought 4,820,959 shares for $1.06 per share. The transaction valued at 5,134,321 led to the insider holds 58,846,780 shares of the business.
Black Jeffrey G. bought 57,971 shares of LAB for $123,098 on Nov 12 ’24. On Sep 09 ’24, another insider, Taich Adam, who serves as the Former Officer of the company, bought 45,851 shares for $2.00 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42 while its Price-to-Book (P/B) ratio in mrq is 0.90.
Stock Price History:
Over the past 52 weeks, LAB has reached a high of $2.74, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is -4.95%, while the 200-Day Moving Average is calculated to be -32.99%.
Shares Statistics:
A total of 379.09M shares are outstanding, with a floating share count of 365.70M. Insiders hold about 3.72% of the company’s shares, while institutions hold 72.25% stake in the company.
