Bionano Genomics Inc. (BNGO) 14-day ATR is 0.06: This Stock is Set to Soar Above its Peers

As on May 25, 2023, Bionano Genomics Inc. (NASDAQ: BNGO) started slowly as it slid -2.49% to $0.65. During the day, the stock rose to $0.70 and sunk to $0.6231 before settling in for the price of $0.67 at the close. Taking a more long-term approach, BNGO posted a 52-week range of $0.60-$4.35.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 23.90%. Meanwhile, its Annual Earning per share during the time was 28.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -75.20%. This publicly-traded company’s shares outstanding now amounts to $302.05 million, simultaneously with a float of $291.38 million. The organization now has a market capitalization sitting at $202.69 million. At the time of writing, stock’s 50-day Moving Average stood at $0.8656, while the 200-day Moving Average is $1.7286.

Bionano Genomics Inc. (BNGO) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Medical Instruments & Supplies industry. Bionano Genomics Inc.’s current insider ownership accounts for 1.82%, in contrast to 27.30% institutional ownership. According to the most recent insider trade that took place on May 16, this organization’s President and CEO bought 15,000 shares at the rate of 0.64, making the entire transaction reach 9,639 in total value, affecting insider ownership by 806,474. Preceding that transaction, on May 12, Company’s Chief Financial Officer bought 50,000 for 0.67, making the whole transaction’s value amount to 33,415. This particular insider is now the holder of 281,373 in total.

Bionano Genomics Inc. (BNGO) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 3/30/2023, the company posted -$0.12 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.11) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.

Bionano Genomics Inc.’s EPS decrease for this current 12-month fiscal period is -75.20% and is forecasted to reach -0.37 in the upcoming year.

Bionano Genomics Inc. (NASDAQ: BNGO) Trading Performance Indicators

Let’s observe the current performance indicators for Bionano Genomics Inc. (BNGO). It’s Quick Ratio in the last reported quarter now stands at 2.90. The Stock has managed to achieve an average true range (ATR) of 0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.87.

In the same vein, BNGO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.48, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be -0.37 at the market close of one year from today.

Technical Analysis of Bionano Genomics Inc. (BNGO)

Through scrutinizing the latest numbers posted by the [Bionano Genomics Inc., BNGO], it can be observed that its last 5-days Average volume of 8.92 million was better the volume of 7.24 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 32.37% While, its Average True Range was 0.0565.

Raw Stochastic average of Bionano Genomics Inc. (BNGO) in the period of the previous 100 days is set at 3.52%, which indicates a major fall in contrast to 15.21% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 71.85% that was lower than 81.47% volatility it exhibited in the past 100-days period.

Latest

On What Basis Did Swvl Holdings Corp (SWVL) Stock Rise 47% Pre-Hours?

When last checked, Swvl Holdings Corp. (Nasdaq: SWVL), a...

What Drove Organovo (ONVO) Stock Up 15% In After-Hour Session On Tuesday?

Shares of Organovo Holdings Inc. (Nasdaq: ONVO) were up...

Is There Any Reason As To Why The Zai Lab (ZLAB) Stock Expanded By 13%?

The biopharmaceutical business Zai Lab Limited (NASDAQ: ZLAB), which...

Newsletter

 

Don't miss

Wearable Devices (WLDS) Stock Rose 12% On Tuesday, But On What Basis?

Wearable Devices Ltd (NASD: WLDS) is experiencing significant growth...

Did Anything Boost ObsEva (OBSV) Stock In Pre-Hours Trading?

Following an update, shares of ObsEva SA (NASD: OBSV)...

How Did The Kalera (KAL) Stock Rise 32% Pre-Hours?

At the time of the most recent check, shares...

Why Has Selina Hospitality (SLNA) Stock Increased In Extended Session On Friday?

The stock of Selina Hospitality PLC (NASD: SLNA), which...

Do You Know Why Evolv Technologies (EVLV) Stock Surged Nearly 10% Today?

Today's charts show Evolv Technologies Holdings Inc. (Nasdaq: EVLV)...

Prudential plc (PUK) poses a Brand-New Opportunity for Investors with beta value of 1.34

Prudential plc (NYSE: PUK) open the trading on May 31, 2023, with a bit cautious approach as it glided -6.08% to $26.43. During the...

Edwards Lifesciences Corporation (EW) volume hits 6.12 million: A New Opening for Investors

Witnessing the stock’s movement on the chart, on May 31, 2023, Edwards Lifesciences Corporation (NYSE: EW) set off with pace as it heaved 3.46%...

Kopin Corporation (KOPN) volume hits 3.61 million: A New Opening for Investors

Kopin Corporation (NASDAQ: KOPN) established initial surge of 6.90% at $2.17, as the Stock market unbolted on May 31, 2023. During the day, the...

LEAVE A REPLY

Please enter your comment!
Please enter your name here