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After finishing at $7.31 in the prior trading day, Ginkgo Bioworks Holdings Inc (NYSE: DNA) closed at $6.37, down -12.86%. In other words, the price has decreased by -$12.86 from its previous closing price. On the day, 3.0 million shares were traded. DNA stock price reached its highest trading level at $7.17 during the session, while it also had its lowest trading level at $6.01.
Ratios:
Our goal is to gain a better understanding of DNA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.79 and its Current Ratio is at 5.79. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.56.
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:
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 Nov 15 ’24 when Che Austin bought 99 shares for $7.21 per share.
Che Austin bought 99 shares of DNA for $878 on Nov 14 ’24. On Nov 13 ’24, another insider, Che Austin, who serves as the Officer of the company, bought 99 shares for $9.09 each.
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 366140576 and an Enterprise Value of 176408624. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 0.809 whereas that against EBITDA is -0.336.
Stock Price History:
Over the past 52 weeks, DNA has reached a high of $75.20, while it has fallen to a 52-week low of $5.26. The 50-Day Moving Average of the stock is -18.14%, while the 200-Day Moving Average is calculated to be -73.29%.
Shares Statistics:
The stock has traded on average 1.43M shares per day over the past 3-months and 1521440 shares per day over the last 10 days, according to various share statistics. A total of 38.13M shares are outstanding, with a floating share count of 37.16M. Insiders hold about 31.07% of the company’s shares, while institutions hold 48.50% stake in the company. Shares short for DNA as of 1730332800 were 7326663 with a Short Ratio of 5.13, compared to 1727654400 on 8187416. Therefore, it implies a Short% of Shares Outstanding of 7326663 and a Short% of Float of 23.49.
