Closing Figures: Bionano Genomics Inc (BNGO)’s Negative Finish at 0.22, Down -6.42

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After finishing at $0.24 in the prior trading day, Bionano Genomics Inc (NASDAQ: BNGO) closed at $0.22, down -6.42%. In other words, the price has decreased by -$6.42 from its previous closing price. On the day, 2.83 million shares were traded. BNGO stock price reached its highest trading level at $0.2409 during the session, while it also had its lowest trading level at $0.2243.

Ratios:

Our goal is to gain a better understanding of BNGO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.11.

On January 05, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $4.Scotiabank initiated its Sector Outperform rating on January 05, 2023, with a $4 target price.

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 22897428 and an Enterprise Value of 30635666. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 0.838 whereas that against EBITDA is -0.335.

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 $0.20. The 50-Day Moving Average of the stock is -21.25%, while the 200-Day Moving Average is calculated to be -64.80%.

Shares Statistics:

The stock has traded on average 2.70M shares per day over the past 3-months and 2852380 shares per day over the last 10 days, according to various share statistics. A total of 101.99M shares are outstanding, with a floating share count of 101.47M. Insiders hold about 0.51% of the company’s shares, while institutions hold 5.35% stake in the company. Shares short for BNGO as of 1730332800 were 9828723 with a Short Ratio of 4.69, compared to 1727654400 on 6068844. Therefore, it implies a Short% of Shares Outstanding of 9828723 and a Short% of Float of 10.26.

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