Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your 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
Bionano Genomics Inc (NASDAQ: BNGO) closed the day trading at $0.75 down -6.81% from the previous closing price of $0.80. In other words, the price has decreased by -$6.81 from its previous closing price. On the day, 2.66 million shares were traded. BNGO stock price reached its highest trading level at $0.8096 during the session, while it also had its lowest trading level at $0.75.
Ratios:
For a better understanding of BNGO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on January 05, 2023, initiated with a Sector Outperform rating and assigned the stock a 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 51830100 and an Enterprise Value of 59691604. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 1.593 whereas that against EBITDA is -0.517.
Stock Price History:
Over the past 52 weeks, BNGO has reached a high of $6.90, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is -19.10%, while the 200-Day Moving Average is calculated to be -49.97%.
Shares Statistics:
Over the past 3-months, BNGO traded about 1.26M shares per day on average, while over the past 10 days, BNGO traded about 1070400 shares per day. A total of 69.11M shares are outstanding, with a floating share count of 68.45M. Insiders hold about 0.95% of the company’s shares, while institutions hold 7.11% stake in the company. Shares short for BNGO as of 1715731200 were 4982916 with a Short Ratio of 3.72, compared to 1713139200 on 5357106. Therefore, it implies a Short% of Shares Outstanding of 4982916 and a Short% of Float of 8.540000000000001.
