Analyzing Ratios: Seer Inc (SEER)’s Financial Story Unveiled

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The price of Seer Inc (NASDAQ: SEER) closed at $2.16 in the last session, up 8.54% from day before closing price of $1.99. In other words, the price has increased by $8.54 from its previous closing price. On the day, 0.84 million shares were traded. SEER stock price reached its highest trading level at $2.265 during the session, while it also had its lowest trading level at $2.0.

Ratios:

We take a closer look at SEER’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 24.81 and its Current Ratio is at 25.27. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.

On January 04, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $9 to $6.50.

JP Morgan Downgraded its Overweight to Neutral on August 11, 2022, whereas the target price for the stock was revised from $20 to $12.

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 Mar 07 ’24 when Farokhzad Omid sold 52,857 shares for $2.03 per share. The transaction valued at 107,421 led to the insider holds 1,436,285 shares of the business.

Kogan Elona sold 12,684 shares of SEER for $20,024 on Feb 22 ’24. The CHIEF LEGAL OFFICER now owns 273,142 shares after completing the transaction at $1.58 per share. On Feb 22 ’24, another insider, Horn David R., who serves as the PRESIDENT & CFO of the company, sold 12,684 shares for $1.58 each. As a result, the insider received 20,024 and left with 480,511 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, SEER now has a Market Capitalization of 131526080 and an Enterprise Value of -140602768. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.10 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at -8.97 whereas that against EBITDA is 1.474.

Stock Price History:

Over the past 52 weeks, SEER has reached a high of $5.65, while it has fallen to a 52-week low of $1.46. The 50-Day Moving Average of the stock is 13.40%, while the 200-Day Moving Average is calculated to be 4.86%.

Shares Statistics:

According to the various share statistics, SEER traded on average about 535.55K shares per day over the past 3-months and 439790 shares per day over the past 10 days. A total of 60.25M shares are outstanding, with a floating share count of 46.43M. Insiders hold about 28.50% of the company’s shares, while institutions hold 48.51% stake in the company. Shares short for SEER as of 1714435200 were 3291467 with a Short Ratio of 6.15, compared to 1711584000 on 2758829. Therefore, it implies a Short% of Shares Outstanding of 3291467 and a Short% of Float of 5.58.

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