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The price of GeneDx Holdings Corp (NASDAQ: WGS) closed at $79.43 in the last session, down -1.35% from day before closing price of $80.52. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 0.4 million shares were traded. WGS stock price reached its highest trading level at $82.78 during the session, while it also had its lowest trading level at $76.56.
Ratios:
We take a closer look at WGS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.27 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.55.
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, Wells Fargo on August 28, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $34.
On July 10, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $43.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 21 ’24 when Feeley Kevin sold 12,019 shares for $73.76 per share. The transaction valued at 886,568 led to the insider holds 32,932 shares of the business.
Feeley Kevin sold 9,981 shares of WGS for $759,242 on Nov 22 ’24. The CHIEF FINANCIAL OFFICER now owns 22,951 shares after completing the transaction at $76.07 per share. On Nov 19 ’24, another insider, Ryan Jason, who serves as the Director of the company, sold 31,510 shares for $71.28 each. As a result, the insider received 2,246,130 and left with 15,490 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WGS now has a Market Capitalization of 2211998464 and an Enterprise Value of 2181693952. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.17 while its Price-to-Book (P/B) ratio in mrq is 10.66. Its current Enterprise Value per Revenue stands at 8.164 whereas that against EBITDA is -56.28.
Stock Price History:
Over the past 52 weeks, WGS has reached a high of $89.11, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is 27.81%, while the 200-Day Moving Average is calculated to be 148.29%.
Shares Statistics:
According to the various share statistics, WGS traded on average about 586.05K shares per day over the past 3-months and 595500 shares per day over the past 10 days. A total of 25.98M shares are outstanding, with a floating share count of 21.97M. Insiders hold about 20.04% of the company’s shares, while institutions hold 66.98% stake in the company. Shares short for WGS as of 1731628800 were 2337626 with a Short Ratio of 3.99, compared to 1728950400 on 2404923. Therefore, it implies a Short% of Shares Outstanding of 2337626 and a Short% of Float of 22.399999.
