Ratio Revelations: BioAffinity Technologies Inc (BIAF)’s Financial Metrics in the Spotlight

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BioAffinity Technologies Inc (NASDAQ: BIAF) closed the day trading at $0.68 down -6.76% from the previous closing price of $0.72. In other words, the price has decreased by -$6.76 from its previous closing price. On the day, 0.17 million shares were traded. BIAF stock price reached its highest trading level at $0.7199 during the session, while it also had its lowest trading level at $0.66.

Ratios:

For a better understanding of BIAF, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.30.

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 10519605 and an Enterprise Value of 18466082. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 2.90. Its current Enterprise Value per Revenue stands at 2.524 whereas that against EBITDA is -2.298.

Stock Price History:

Over the past 52 weeks, BIAF has reached a high of $3.62, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -36.64%, while the 200-Day Moving Average is calculated to be -62.92%.

Shares Statistics:

Over the past 3-months, BIAF traded about 207.79K shares per day on average, while over the past 10 days, BIAF traded about 430430 shares per day. A total of 13.42M shares are outstanding, with a floating share count of 9.36M. Insiders hold about 39.95% of the company’s shares, while institutions hold 3.00% stake in the company. Shares short for BIAF as of 1730332800 were 271434 with a Short Ratio of 0.55, compared to 1727654400 on 396176. Therefore, it implies a Short% of Shares Outstanding of 271434 and a Short% of Float of 2.8499998.

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