For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of 10x Genomics Inc (NASDAQ: TXG) closed at $9.85 in the last session, down -7.86% from day before closing price of $10.69. In other words, the price has decreased by -$7.86 from its previous closing price. On the day, 3.35 million shares were traded.
Ratios:
We take a closer look at TXG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.26 and its Current Ratio is at 4.97. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Leerink Partners on February 13, 2025, Downgraded its rating to Market Perform and sets its target price to $12 from $25 previously.
On September 03, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $35.
Jefferies Upgraded its Hold to Buy on July 22, 2024, while the target price for the stock was maintained at $24.
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 Serge Saxonov bought 7,942 shares for $10.57 per share.
Hindson Benjamin J. sold 4,573 shares of TXG for $50,603 on Feb 24 ’25. The insider now owns 335,324 shares after completing the transaction at $11.07 per share. On Feb 24 ’25, another insider, Saxonov Serge, who serves as the Chief Executive Officer of the company, sold 5,092 shares for $11.07 each. As a result, the insider received 56,346 and left with 879,482 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.97 while its Price-to-Book (P/B) ratio in mrq is 1.70.
Stock Price History:
Over the past 52 weeks, TXG has reached a high of $48.42, while it has fallen to a 52-week low of $10.40. The 50-Day Moving Average of the stock is -28.98%, while the 200-Day Moving Average is calculated to be -45.09%.
Shares Statistics:
A total of 108.24M shares are outstanding, with a floating share count of 101.39M. Insiders hold about 17.10% of the company’s shares, while institutions hold 79.45% stake in the company.