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The price of Genelux Corp (NASDAQ: GNLX) closed at $2.17 in the last session, up 9.60% from day before closing price of $1.98. In other words, the price has increased by $9.60 from its previous closing price. On the day, 0.39 million shares were traded. GNLX stock price reached its highest trading level at $2.3258 during the session, while it also had its lowest trading level at $2.04.
Ratios:
We take a closer look at GNLX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.01 and its Current Ratio is at 6.01. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on August 28, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On November 27, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $35.
On September 12, 2023, Maxim Group started tracking the stock assigning a Buy rating and target price of $40.Maxim Group initiated its Buy rating on September 12, 2023, with a $40 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 30 ’24 when Szalay Aladar sold 142,589 shares for $2.17 per share. The transaction valued at 309,846 led to the insider holds 782,639 shares of the business.
Szalay Aladar sold 107,045 shares of GNLX for $211,960 on Aug 29 ’24. The 10% Owner now owns 925,228 shares after completing the transaction at $1.98 per share. On Aug 28 ’24, another insider, Szalay Aladar, who serves as the 10% Owner of the company, sold 15,918 shares for $2.05 each. As a result, the insider received 32,605 and left with 1,032,273 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, GNLX now has a Market Capitalization of 74942040 and an Enterprise Value of 42572640. For the stock, the TTM Price-to-Sale (P/S) ratio is 7495.18 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 5321.58 whereas that against EBITDA is -1.579.
Stock Price History:
Over the past 52 weeks, GNLX has reached a high of $30.44, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is 2.53%, while the 200-Day Moving Average is calculated to be -66.19%.
Shares Statistics:
According to the various share statistics, GNLX traded on average about 201.96K shares per day over the past 3-months and 168520 shares per day over the past 10 days. A total of 34.54M shares are outstanding, with a floating share count of 27.28M. Insiders hold about 21.28% of the company’s shares, while institutions hold 20.50% stake in the company. Shares short for GNLX as of 1723680000 were 1238782 with a Short Ratio of 6.13, compared to 1721001600 on 1346768. Therefore, it implies a Short% of Shares Outstanding of 1238782 and a Short% of Float of 4.25.
