Ginkgo Bioworks Holdings Inc (DNA) poses a Brand-New Opportunity for Investors with beta value of 1.35

Ginkgo Bioworks Holdings Inc (NYSE: DNA) started the day on Wednesday, with a price decrease of -3.45% at $1.12, before settling in for the price of $1.16 at the close. Taking a more long-term approach, DNA posted a 52-week range of $1.03-$2.55.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 104.75%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 30.58%. This publicly-traded company’s shares outstanding now amounts to $1.53 billion, simultaneously with a float of $1.34 billion. The organization now has a market capitalization sitting at $2.28 billion. At the time of writing, stock’s 50-day Moving Average stood at $1.2384, while the 200-day Moving Average is $1.5939.

Ginkgo Bioworks Holdings Inc (DNA) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Ginkgo Bioworks Holdings Inc’s current insider ownership accounts for 33.94%, in contrast to 58.53% institutional ownership. According to the most recent insider trade that took place on Apr 02 ’24, this organization’s insider sold 51,169 shares at the rate of 1.05, making the entire transaction reach 53,727 in total value, affecting insider ownership by 865,079. Preceding that transaction, on Mar 04 ’24, Company’s insider sold 38,826 for 1.26, making the whole transaction’s value amount to 48,765. This particular insider is now the holder of 808,125 in total.

Ginkgo Bioworks Holdings Inc (DNA) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported -$0.11 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.1) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

Ginkgo Bioworks Holdings Inc’s EPS increase for this current 12-month fiscal period is 30.58% and is forecasted to reach -0.27 in the upcoming year.

Ginkgo Bioworks Holdings Inc (NYSE: DNA) Trading Performance Indicators

Let’s observe the current performance indicators for Ginkgo Bioworks Holdings Inc (DNA). It’s Quick Ratio in the last reported quarter now stands at 6.11. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.05.

In the same vein, DNA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.46, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.27 at the market close of one year from today.

Technical Analysis of Ginkgo Bioworks Holdings Inc (DNA)

If we take a close look at the recent performances of Ginkgo Bioworks Holdings Inc (NYSE: DNA), its last 5-days Average volume was 16.4 million that shows plunge from its year to date volume of 22.12 million. During the previous 9 days, stock’s Stochastic %D was recorded 58.82% While, its Average True Range was 0.0751.

Raw Stochastic average of Ginkgo Bioworks Holdings Inc (DNA) in the period of the previous 100 days is set at 10.59%, which indicates a major fall in contrast to 52.94% 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 59.17% that was lower than 82.60% volatility it exhibited in the past 100-days period.