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.
Seer Inc (NASDAQ: SEER) closed the day trading at $2.06 down -7.62% from the previous closing price of $2.23. In other words, the price has decreased by -$7.62 from its previous closing price. On the day, 1.11 million shares were traded. SEER stock price reached its highest trading level at $2.1099 during the session, while it also had its lowest trading level at $1.98.
Ratios:
For a better understanding of SEER, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 24.81 and its Current Ratio is at 25.27. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
On January 04, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $9 to $6.50.
JP Morgan Downgraded its Overweight to Neutral on August 11, 2022, whereas the target price for the stock was revised from $20 to $12.
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 Mar 07 ’24 when Farokhzad Omid sold 52,857 shares for $2.03 per share. The transaction valued at 107,421 led to the insider holds 1,436,285 shares of the business.
Kogan Elona sold 12,684 shares of SEER for $20,024 on Feb 22 ’24. The CHIEF LEGAL OFFICER now owns 273,142 shares after completing the transaction at $1.58 per share. On Feb 22 ’24, another insider, Horn David R., who serves as the PRESIDENT & CFO of the company, sold 12,684 shares for $1.58 each. As a result, the insider received 20,024 and left with 480,511 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SEER now has a Market Capitalization of 146228480 and an Enterprise Value of -136057200. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.68 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at -8.68 whereas that against EBITDA is 1.425.
Stock Price History:
Over the past 52 weeks, SEER has reached a high of $5.65, while it has fallen to a 52-week low of $1.46. The 50-Day Moving Average of the stock is 8.84%, while the 200-Day Moving Average is calculated to be -2.07%.
Shares Statistics:
Over the past 3-months, SEER traded about 523.59K shares per day on average, while over the past 10 days, SEER traded about 405010 shares per day. A total of 60.25M shares are outstanding, with a floating share count of 46.43M. Insiders hold about 28.50% of the company’s shares, while institutions hold 50.32% stake in the company. Shares short for SEER as of 1713139200 were 2761274 with a Short Ratio of 5.27, compared to 1710460800 on 2549686. Therefore, it implies a Short% of Shares Outstanding of 2761274 and a Short% of Float of 4.68.
