In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Pacific Biosciences of California Inc (NASDAQ: PACB) closed the day trading at $1.86 down -3.63% from the previous closing price of $1.93. In other words, the price has decreased by -$3.63 from its previous closing price. On the day, 7.17 million shares were traded. PACB stock price reached its highest trading level at $1.92 during the session, while it also had its lowest trading level at $1.82.
Ratios:
For a better understanding of PACB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.64 and its Current Ratio is at 9.74. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 2.01.
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 Sep 30 ’24 when Kim Susan G. sold 19,782 shares for $1.72 per share. The transaction valued at 34,065 led to the insider holds 695,654 shares of the business.
SUSAN KIM bought 19,782 shares of PACB for $34,061 on Sep 30 ’24. On Sep 16 ’24, another insider, HENRY CHRISTIAN O, who serves as the insider of the company, sold 98,907 shares for $1.75 each. As a result, the insider received 172,692 and left with 2,497,763 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, PACB now has a Market Capitalization of 547425920 and an Enterprise Value of 958991168. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 5.539 whereas that against EBITDA is -3.948.
Stock Price History:
Over the past 52 weeks, PACB has reached a high of $10.65, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -6.94%, while the 200-Day Moving Average is calculated to be -5.72%.
Shares Statistics:
Over the past 3-months, PACB traded about 9.35M shares per day on average, while over the past 10 days, PACB traded about 7320480 shares per day. A total of 273.81M shares are outstanding, with a floating share count of 241.81M. Insiders hold about 11.70% of the company’s shares, while institutions hold 83.15% stake in the company. Shares short for PACB as of 1734048000 were 53055060 with a Short Ratio of 5.67, compared to 1731628800 on 52137865. Therefore, it implies a Short% of Shares Outstanding of 53055060 and a Short% of Float of 20.53.
