For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Bionano Genomics Inc’s stock clocked out at $0.42, down -6.41% from its previous closing price of $0.45. In other words, the price has decreased by -$6.41 from its previous closing price. On the day, 1.35 million shares were traded. BNGO stock price reached its highest trading level at $0.46 during the session, while it also had its lowest trading level at $0.4157.
Ratios:
To gain a deeper understanding of BNGO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.07.
On January 05, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BNGO now has a Market Capitalization of 36531572 and an Enterprise Value of 45160580. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 1.235 whereas that against EBITDA is -0.494.
Stock Price History:
Over the past 52 weeks, BNGO has reached a high of $3.03, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is -13.53%, while the 200-Day Moving Average is calculated to be -54.69%.
Shares Statistics:
It appears that BNGO traded 1.80M shares on average per day over the past three months and 1526510 shares per day over the past ten days. A total of 69.11M shares are outstanding, with a floating share count of 68.68M. Insiders hold about 0.62% of the company’s shares, while institutions hold 14.37% stake in the company. Shares short for BNGO as of 1726185600 were 4160719 with a Short Ratio of 2.32, compared to 1723680000 on 4225676. Therefore, it implies a Short% of Shares Outstanding of 4160719 and a Short% of Float of 4.84.