Market Insight: Bionomics Ltd. ADR (BNOX)’s Notable Drop, Closing at 0.28

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In the latest session, Bionomics Ltd. ADR (NASDAQ: BNOX) closed at $0.28 down -4.50% from its previous closing price of $0.29. In other words, the price has decreased by -$4.50 from its previous closing price. On the day, 0.57 million shares were traded. BNOX stock price reached its highest trading level at $0.2946 during the session, while it also had its lowest trading level at $0.2661.

Ratios:

For a deeper understanding of Bionomics Ltd. ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.30 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

On September 28, 2023, Maxim Group reiterated its Buy rating and also lowered its target price recommendation from $7 to $10.

On January 10, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $54.H.C. Wainwright initiated its Buy rating on January 10, 2022, with a $54 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BNOX now has a Market Capitalization of 5493058 and an Enterprise Value of 895183168.

Stock Price History:

Over the past 52 weeks, BNOX has reached a high of $1.95, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is -20.81%, while the 200-Day Moving Average is calculated to be -62.01%.

Shares Statistics:

For the past three months, BNOX has traded an average of 9.28M shares per day and 1281930 over the past ten days. A total of 13.25M shares are outstanding, with a floating share count of 8.15M. Shares short for BNOX as of 1730332800 were 190271 with a Short Ratio of 0.02, compared to 1727654400 on 72985. Therefore, it implies a Short% of Shares Outstanding of 190271 and a Short% of Float of 1.23000005.

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