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.
The price of GeneDx Holdings Corp (NASDAQ: WGS) closed at $96.57 in the last session, down -0.48% from day before closing price of $97.04. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 0.75 million shares were traded. WGS stock price reached its highest trading level at $97.33 during the session, while it also had its lowest trading level at $89.5001.
Ratios:
We take a closer look at WGS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.27 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.55.
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, Wells Fargo on August 28, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $34.
On July 10, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $43.
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 Jan 07 ’25 when Feeley Kevin bought 35,506 shares for $94.07 per share.
Stueland Katherine bought 51,420 shares of WGS for $4,830,000 on Jan 07 ’25. On Jan 02 ’25, another insider, Stueland Katherine, who serves as the Chief Executive Officer of the company, sold 18,006 shares for $78.18 each. As a result, the insider received 1,407,686 and left with 53,140 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, WGS now has a Market Capitalization of 2652913152 and an Enterprise Value of 2652553728. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.93 while its Price-to-Book (P/B) ratio in mrq is 12.95. Its current Enterprise Value per Revenue stands at 9.926 whereas that against EBITDA is -68.427.
Stock Price History:
Over the past 52 weeks, WGS has reached a high of $98.87, while it has fallen to a 52-week low of $2.80. The 50-Day Moving Average of the stock is 24.98%, while the 200-Day Moving Average is calculated to be 132.59%.
Shares Statistics:
According to the various share statistics, WGS traded on average about 639.11K shares per day over the past 3-months and 605110 shares per day over the past 10 days. A total of 27.43M shares are outstanding, with a floating share count of 21.97M. Insiders hold about 20.02% of the company’s shares, while institutions hold 67.01% stake in the company. Shares short for WGS as of 1734048000 were 2147875 with a Short Ratio of 3.36, compared to 1731628800 on 2337626. Therefore, it implies a Short% of Shares Outstanding of 2147875 and a Short% of Float of 20.59.