Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Bionano Genomics Inc (NASDAQ: BNGO) closed the day trading at $0.27 down -3.40% from the previous closing price of $0.28. In other words, the price has decreased by -$3.40 from its previous closing price. On the day, 12.46 million shares were traded. BNGO stock price reached its highest trading level at $0.2799 during the session, while it also had its lowest trading level at $0.251.
Ratios:
For a better understanding of BNGO, let’s 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 37780448 and an Enterprise Value of 30635666. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 0.49. 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 $1.79, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is 6.45%, while the 200-Day Moving Average is calculated to be -53.23%.
Shares Statistics:
Over the past 3-months, BNGO traded about 6.24M shares per day on average, while over the past 10 days, BNGO traded about 22703030 shares per day. 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 2.54, compared to 1727654400 on 6068844. Therefore, it implies a Short% of Shares Outstanding of 9828723 and a Short% of Float of 10.26.
