Ratio Review: Analyzing BioAffinity Technologies Inc (BIAF)’s Price-to-Cash and Price-to-Free Cash Flow

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After finishing at $0.29 in the prior trading day, BioAffinity Technologies Inc (NASDAQ: BIAF) closed at $0.27, down -6.07%. In other words, the price has decreased by -$6.07 from its previous closing price. On the day, 0.67 million shares were traded. BIAF stock price reached its highest trading level at $0.3074 during the session, while it also had its lowest trading level at $0.2602.

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 0.53 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.48.

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 7752367 and an Enterprise Value of 8588869. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 3.45. Its current Enterprise Value per Revenue stands at 0.975 whereas that against EBITDA is -0.952.

Stock Price History:

The Beta on a monthly basis for BIAF is 2.52, which has changed by -0.8852321 over the last 52 weeks, in comparison to a change of 0.12677538 over the same period for the S&P500. Over the past 52 weeks, BIAF has reached a high of $2.99, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -9.78%, while the 200-Day Moving Average is calculated to be -67.69%.

Shares Statistics:

The stock has traded on average 6.95M shares per day over the past 3-months and 21180780 shares per day over the last 10 days, according to various share statistics. A total of 28.46M shares are outstanding, with a floating share count of 20.25M. Insiders hold about 28.84% of the company’s shares, while institutions hold 1.80% stake in the company. Shares short for BIAF as of 1749772800 were 768899 with a Short Ratio of 0.11, compared to 1747267200 on 459513. Therefore, it implies a Short% of Shares Outstanding of 768899 and a Short% of Float of 3.08.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

At present, 1.0 analysts are actively evaluating the performance of BioAffinity Technologies Inc (BIAF) in the stock market.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.09 and low estimates of -$0.09.

Analysts are recommending an EPS of between -$0.4 and -$0.4 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is -$0.18, with 1.0 analysts recommending between -$0.18 and -$0.18.

Revenue Estimates

1 analysts predict $1.51M in revenue for the current quarter. It ranges from a high estimate of $1.51M to a low estimate of $1.51M. As of the current estimate, BioAffinity Technologies Inc’s year-ago sales were $2.4MFor the next quarter, 1 analysts are estimating revenue of $1.55M. There is a high estimate of $1.55M for the next quarter, whereas the lowest estimate is $1.55M.

A total of 1 analysts have provided revenue estimates for BIAF’s current fiscal year. The highest revenue estimate was $6.5M, while the lowest revenue estimate was $6.5M, resulting in an average revenue estimate of $6.5M. In the same quarter a year ago, actual revenue was $9.36MBased on 1 analysts’ estimates, the company’s revenue will be $7.8M in the next fiscal year. The high estimate is $7.8M and the low estimate is $7.8M.

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