Upward Trajectory: BioNexus Gene Lab Corp (BGLC) Posts a Gaine, Closing at 0.35

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The closing price of BioNexus Gene Lab Corp (NASDAQ: BGLC) was $0.35 for the day, up 3.28% from the previous closing price of $0.34. In other words, the price has increased by $3.28 from its previous closing price. On the day, 3.28 million shares were traded. BGLC stock price reached its highest trading level at $0.462 during the session, while it also had its lowest trading level at $0.33.

Ratios:

Our analysis of BGLC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.99 and its Current Ratio is at 4.98. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BGLC now has a Market Capitalization of 6216824 and an Enterprise Value of 427715. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 0.047 whereas that against EBITDA is -0.294.

Stock Price History:

The Beta on a monthly basis for BGLC is 1.55, which has changed by -0.30062628 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, BGLC has reached a high of $3.39, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is 12.97%, while the 200-Day Moving Average is calculated to be -22.12%.

Shares Statistics:

BGLC traded an average of 3.96M shares per day over the past three months and 20825850 shares per day over the past ten days. A total of 17.97M shares are outstanding, with a floating share count of 11.71M. Insiders hold about 34.82% of the company’s shares, while institutions hold 0.73% stake in the company. Shares short for BGLC as of 1730332800 were 140383 with a Short Ratio of 0.09, compared to 1727654400 on 185225. Therefore, it implies a Short% of Shares Outstanding of 140383 and a Short% of Float of 0.8.

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