In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
After finishing at $1.60 in the prior trading day, Pacific Biosciences of California Inc (NASDAQ: PACB) closed at $1.64, up 2.50%. In other words, the price has increased by $2.50 from its previous closing price. On the day, 6.64 million shares were traded. PACB stock price reached its highest trading level at $1.675 during the session, while it also had its lowest trading level at $1.6.
Ratios:
Our goal is to gain a better understanding of PACB by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 482676608 and an Enterprise Value of 898741184. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.59 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 5.191 whereas that against EBITDA is -3.7.
Stock Price History:
Over the past 52 weeks, PACB has reached a high of $7.50, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -16.70%, while the 200-Day Moving Average is calculated to be -11.59%.
Shares Statistics:
The stock has traded on average 9.91M shares per day over the past 3-months and 11620890 shares per day over the last 10 days, according to various share statistics. 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 83.23% stake in the company. Shares short for PACB as of 1735603200 were 56848368 with a Short Ratio of 5.73, compared to 1732838400 on 54383085. Therefore, it implies a Short% of Shares Outstanding of 56848368 and a Short% of Float of 22.0.
