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The closing price of Pacific Biosciences of California Inc (NASDAQ: PACB) was $1.54 for the day, down -3.75% from the previous closing price of $1.60. In other words, the price has decreased by -$3.75 from its previous closing price. On the day, 7.71 million shares were traded. PACB stock price reached its highest trading level at $1.65 during the session, while it also had its lowest trading level at $1.52.
Ratios:
Our analysis of PACB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.64 and its Current Ratio is at 9.74. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 2.01.
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 Jan 10 ’25 when Van Oene Mark sold 34,405 shares for $2.03 per share. The transaction valued at 69,980 led to the insider holds 1,597,454 shares of the business.
MARK VAN OENE bought 34,405 shares of PACB for $69,980 on Jan 10 ’25. On Sep 30 ’24, another insider, Kim Susan G., who serves as the insider of the company, sold 19,782 shares for $1.72 each. As a result, the insider received 34,065 and left with 695,654 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, PACB now has a Market Capitalization of 453245088 and an Enterprise Value of 871354880. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 5.032 whereas that against EBITDA is -3.587.
Stock Price History:
The Beta on a monthly basis for PACB is 1.92, which has changed by -0.76086956 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, PACB has reached a high of $7.09, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -17.41%, while the 200-Day Moving Average is calculated to be -13.48%.
Shares Statistics:
PACB traded an average of 10.50M shares per day over the past three months and 9645030 shares per day over the past ten days. A total of 273.81M shares are outstanding, with a floating share count of 241.84M. Insiders hold about 11.69% of the company’s shares, while institutions hold 86.97% stake in the company. Shares short for PACB as of 1736899200 were 60540209 with a Short Ratio of 5.77, compared to 1734048000 on 53055060. Therefore, it implies a Short% of Shares Outstanding of 60540209 and a Short% of Float of 23.43.