Closing Figures: Bionano Genomics Inc (BNGO)’s Positive Finish at 0.33, Up 2.24

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After finishing at $0.33 in the prior trading day, Bionano Genomics Inc (NASDAQ: BNGO) closed at $0.33, up 2.24%. In other words, the price has increased by $2.24 from its previous closing price. On the day, 1.31 million shares were traded. BNGO stock price reached its highest trading level at $0.338 during the session, while it also had its lowest trading level at $0.3231.

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 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 28662834 and an Enterprise Value of 37291844. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 1.019 whereas that against EBITDA is -0.408.

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 $0.30. The 50-Day Moving Average of the stock is -24.22%, while the 200-Day Moving Average is calculated to be -60.41%.

Shares Statistics:

The stock has traded on average 1.69M shares per day over the past 3-months and 2359990 shares per day over the last 10 days, according to various share statistics. A total of 86.00M shares are outstanding, with a floating share count of 85.45M. Insiders hold about 0.64% of the company’s shares, while institutions hold 11.55% stake in the company. Shares short for BNGO as of 1727654400 were 6068844 with a Short Ratio of 3.59, compared to 1724976000 on 3680640. Therefore, it implies a Short% of Shares Outstanding of 6068844 and a Short% of Float of 7.06.

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