Ginkgo Bioworks Holdings Inc (NYSE: DNA) on Tuesday, plunged -3.14% from the previous trading day, before settling in for the closing price of $8.27. Within the past 52 weeks, DNA’s price has moved between $5.26 and $75.20.
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Annual sales at Healthcare sector company grew by 104.75% over the past five years. The company achieved an average annual earnings per share of 41.34%. With a float of $35.44 million, this company’s outstanding shares have now reached $38.13 million.
Let’s look at the performance matrix of the company that is accounted for 1218 employees. In terms of profitability, gross margin is 58.77%, operating margin of -406.93%, and the pretax margin is -486.98%.
Ginkgo Bioworks Holdings Inc (DNA) Insider Updates
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Ginkgo Bioworks Holdings Inc is 32.60%, while institutional ownership is 43.87%. The most recent insider transaction that took place on Oct 29 ’24, was worth 809. Before that another transaction happened on Oct 28 ’24, when Company’s Officer proposed sale 99 for $8.30, making the entire transaction worth $822.
Ginkgo Bioworks Holdings Inc (DNA) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 41.34% per share during the next fiscal year.
Ginkgo Bioworks Holdings Inc (NYSE: DNA) Trading Performance Indicators
Ginkgo Bioworks Holdings Inc (DNA) is currently performing well based on its current performance indicators. A quick ratio of 4.71 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -18.03, a number that is poised to hit -2.73 in the next quarter and is forecasted to reach -7.45 in one year’s time.
Technical Analysis of Ginkgo Bioworks Holdings Inc (DNA)
Ginkgo Bioworks Holdings Inc (NYSE: DNA) saw its 5-day average volume 0.96 million, a negative change from its year-to-date volume of 1.14 million. As of the previous 9 days, the stock’s Stochastic %D was 27.52%. Additionally, its Average True Range was 0.69.
During the past 100 days, Ginkgo Bioworks Holdings Inc’s (DNA) raw stochastic average was set at 15.86%, which indicates a significant decrease from 36.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.43% in the past 14 days, which was lower than the 114.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.59, while its 200-day Moving Average is $26.57. Nevertheless, the first resistance level for the watch stands at $8.19 in the near term. At $8.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.50. If the price goes on to break the first support level at $7.88, it is likely to go to the next support level at $7.76. Assuming the price breaks the second support level, the third support level stands at $7.57.
Ginkgo Bioworks Holdings Inc (NYSE: DNA) Key Stats
Market capitalization of the company is 421.17 million based on 55,575K outstanding shares. Right now, sales total 251,460 K and income totals -892,870 K. The company made 56,210 K in profit during its latest quarter, and -217,180 K in sales during its previous quarter.
