Insider’s View: Deciphering BioAffinity Technologies Inc (BIAF)’s Financial Health Through Ratios

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The price of BioAffinity Technologies Inc (NASDAQ: BIAF) closed at $0.33 in the last session, down -3.77% from day before closing price of $0.35. In other words, the price has decreased by -$3.77 from its previous closing price. On the day, 0.61 million shares were traded. BIAF stock price reached its highest trading level at $0.3627 during the session, while it also had its lowest trading level at $0.33.

Ratios:

We take a closer look at BIAF’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.48.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIAF now has a Market Capitalization of 9505473 and an Enterprise Value of 9843998. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 4.24. Its current Enterprise Value per Revenue stands at 1.117 whereas that against EBITDA is -1.091.

Stock Price History:

The Beta on a monthly basis for BIAF is 2.57, which has changed by -0.8730038 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, BIAF has reached a high of $2.81, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is 14.59%, while the 200-Day Moving Average is calculated to be -53.68%.

Shares Statistics:

According to the various share statistics, BIAF traded on average about 7.36M shares per day over the past 3-months and 2934280 shares per day over the past 10 days. A total of 28.46M shares are outstanding, with a floating share count of 20.60M. Insiders hold about 27.61% of the company’s shares, while institutions hold 1.84% stake in the company. Shares short for BIAF as of 1752537600 were 1273824 with a Short Ratio of 0.17, compared to 1749772800 on 768899. Therefore, it implies a Short% of Shares Outstanding of 1273824 and a Short% of Float of 5.09.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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