Recent developments with Bionano Genomics Inc (BNGO) have led to the company’s beta value being reach 2.35 cents.

On Friday, Bionano Genomics Inc (NASDAQ: BNGO) opened higher 3.60% from the last session, before settling in for the closing price of $0.52. Price fluctuations for BNGO have ranged from $0.31 to $4.20 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 32.87%. Company’s average yearly earnings per share was noted 81.52% at the time writing. With a float of $68.56 million, this company’s outstanding shares have now reached $69.11 million.

The extent of productivity of a business whose workforce counts for 344 workers is very important to gauge. In terms of profitability, gross margin is 28.97%, operating margin of -493.88%, and the pretax margin is -557.95%.

Bionano Genomics Inc (BNGO) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Medical Instruments & Supplies industry is another important factor to consider. The insider ownership of Bionano Genomics Inc is 0.78%, while institutional ownership is 9.62%.

Bionano Genomics Inc (BNGO) Latest Financial update

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -3.22 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.97) by -2.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.34 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 81.52% per share during the next fiscal year.

Bionano Genomics Inc (NASDAQ: BNGO) Trading Performance Indicators

Check out the current performance indicators for Bionano Genomics Inc (BNGO). In the past quarter, the stock posted a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.01, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.70 in one year’s time.

Technical Analysis of Bionano Genomics Inc (BNGO)

The latest stats from [Bionano Genomics Inc, BNGO] show that its last 5-days average volume of 2.2 million was superior to 1.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic%D was 71.20%. Additionally, its Average True Range was 0.07.

During the past 100 days, Bionano Genomics Inc’s (BNGO) raw stochastic average was set at 25.42%, which indicates a significant decrease from 63.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 134.15% in the past 14 days, which was higher than the 87.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.6367, while its 200-day Moving Average is $1.0900. Now, the first resistance to watch is $0.5759. This is followed by the second major resistance level at $0.6163. The third major resistance level sits at $0.6528. If the price goes on to break the first support level at $0.4990, it is likely to go to the next support level at $0.4625. The third support level lies at $0.4221 if the price breaches the second support level.

Bionano Genomics Inc (NASDAQ: BNGO) Key Stats

There are currently 66,857K shares outstanding in the company with a market cap of 37.00 million. Presently, the company’s annual sales total 36,120 K according to its annual income of -232,490 K. Last quarter, the company’s sales amounted to 7,770 K and its income totaled -16,220 K.