Analytical Lens: Exploring Ginkgo Bioworks Holdings Inc (DNA)’s Financial Story Through Ratios

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The closing price of Ginkgo Bioworks Holdings Inc (NYSE: DNA) was $0.42 for the day, up 3.84% from the previous closing price of $0.41. In other words, the price has increased by $3.84 from its previous closing price. On the day, 67.48 million shares were traded. DNA stock price reached its highest trading level at $0.46 during the session, while it also had its lowest trading level at $0.4007.

Ratios:

Our analysis of DNA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.34 and its Current Ratio is at 5.34. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.

Raymond James Downgraded its Outperform to Mkt Perform on November 14, 2023, whereas the target price for the stock was revised from $3.50 to $2.50.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 03 ’24 when Dmytruk Mark E. sold 48,866 shares for $0.55 per share. The transaction valued at 26,827 led to the insider holds 984,662 shares of the business.

Coen Steven P. sold 13,440 shares of DNA for $7,379 on Jun 03 ’24. The insider now owns 178,832 shares after completing the transaction at $0.55 per share. On May 16 ’24, another insider, DEKKERS MARIJN E, who serves as the Director of the company, sold 265,000 shares for $0.83 each. As a result, the insider received 220,030 and left with 5,515,364 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DNA now has a Market Capitalization of 938467200 and an Enterprise Value of 332523360. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.25 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.593 whereas that against EBITDA is -0.527.

Stock Price History:

Over the past 52 weeks, DNA has reached a high of $2.55, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -43.07%, while the 200-Day Moving Average is calculated to be -66.96%.

Shares Statistics:

DNA traded an average of 42.39M shares per day over the past three months and 37379740 shares per day over the past ten days. A total of 1.53B shares are outstanding, with a floating share count of 1.40B. Insiders hold about 32.93% of the company’s shares, while institutions hold 58.26% stake in the company. Shares short for DNA as of 1715731200 were 274438764 with a Short Ratio of 5.79, compared to 1713139200 on 266527056. Therefore, it implies a Short% of Shares Outstanding of 274438764 and a Short% of Float of 22.27.

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