Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
The closing price of Ginkgo Bioworks Holdings Inc (NYSE: DNA) was $9.73 for the day, up 1.25% from the previous closing price of $9.61. In other words, the price has increased by $1.25 from its previous closing price. On the day, 1.36 million shares were traded. DNA stock price reached its highest trading level at $9.775 during the session, while it also had its lowest trading level at $9.16.
Ratios:
Our analysis of DNA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.79 and its Current Ratio is at 5.79. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.56.
Raymond James Downgraded its Outperform to Mkt Perform on November 14, 2023, whereas the target price for the stock was revised from $3.50 to $2.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 03 ’24 when Che Austin bought 99 shares for $9.51 per share.
Che Austin bought 99 shares of DNA for $871 on Dec 02 ’24. On Nov 29 ’24, another insider, Che Austin, who serves as the Officer of the company, bought 99 shares for $8.40 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DNA now has a Market Capitalization of 559269696 and an Enterprise Value of 359457760. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 1.649 whereas that against EBITDA is -0.684.
Stock Price History:
Over the past 52 weeks, DNA has reached a high of $75.20, while it has fallen to a 52-week low of $5.26. The 50-Day Moving Average of the stock is 21.71%, while the 200-Day Moving Average is calculated to be -54.23%.
Shares Statistics:
DNA traded an average of 1.29M shares per day over the past three months and 1083310 shares per day over the past ten days. A total of 41.37M shares are outstanding, with a floating share count of 36.32M. Insiders hold about 33.34% of the company’s shares, while institutions hold 47.97% stake in the company. Shares short for DNA as of 1731628800 were 7315814 with a Short Ratio of 5.66, compared to 1728950400 on 7879004. Therefore, it implies a Short% of Shares Outstanding of 7315814 and a Short% of Float of 21.98.
