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The closing price of Standard BioTools Inc (NASDAQ: LAB) was $1.06 for the day, down -2.75% from the previous closing price of $1.09. In other words, the price has decreased by -$2.75 from its previous closing price. On the day, 0.87 million shares were traded.
Ratios:
Our analysis of LAB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.37 and its Current Ratio is at 6.12. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
On April 16, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $3.50.
On April 04, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $3.25.Jefferies initiated its Buy rating on April 04, 2024, with a $3.25 target price.
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 May 23 ’25 when Kim Hanjoon Alex sold 1,428 shares for $0.94 per share. The transaction valued at 1,344 led to the insider holds 930,286 shares of the business.
Mackay Sean sold 13,217 shares of LAB for $12,437 on May 23 ’25. The SVP & Chief Business Officer now owns 843,076 shares after completing the transaction at $0.94 per share. On May 23 ’25, another insider, Egholm Michael, who serves as the President & CEO of the company, sold 5,473 shares for $0.94 each. As a result, the insider received 5,150 and left with 2,741,191 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 0.88.
Stock Price History:
Over the past 52 weeks, LAB has reached a high of $2.64, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is -5.21%, while the 200-Day Moving Average is calculated to be -33.17%.
Shares Statistics:
A total of 379.09M shares are outstanding, with a floating share count of 365.87M. Insiders hold about 3.67% of the company’s shares, while institutions hold 72.28% stake in the company.
