Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Bionano Genomics Inc’s stock clocked out at $0.28, down -5.26% from its previous closing price of $0.29. In other words, the price has decreased by -$5.26 from its previous closing price. On the day, 4.95 million shares were traded. BNGO stock price reached its highest trading level at $0.3 during the session, while it also had its lowest trading level at $0.265.
Ratios:
To gain a deeper understanding of BNGO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.07.
On January 05, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BNGO now has a Market Capitalization of 26759606 and an Enterprise Value of 32630798. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 0.892 whereas that against EBITDA is -0.357.
Stock Price History:
Over the past 52 weeks, BNGO has reached a high of $2.27, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -27.14%, while the 200-Day Moving Average is calculated to be -63.18%.
Shares Statistics:
It appears that BNGO traded 2.06M shares on average per day over the past three months and 3314500 shares per day over the past ten days. A total of 95.88M shares are outstanding, with a floating share count of 95.27M. Insiders hold about 0.64% of the company’s shares, while institutions hold 10.41% stake in the company. Shares short for BNGO as of 1728950400 were 7669201 with a Short Ratio of 3.73, compared to 1726185600 on 4160719. Therefore, it implies a Short% of Shares Outstanding of 7669201 and a Short% of Float of 8.92.
