Myriad Genetics, Inc (NASDAQ: MYGN) kicked off on Tuesday, down -1.45% from the previous trading day, before settling in for the closing price of $15.22. Over the past 52 weeks, MYGN has traded in a range of $14.91-$29.30.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 4.63%. While this was happening, its average annual earnings per share was recorded 147.86%. With a float of $87.61 million, this company’s outstanding shares have now reached $89.90 million.
Let’s determine the extent of company efficiency that accounts for 2700 employees. In terms of profitability, gross margin is 69.26%, operating margin of -46.3%, and the pretax margin is -47.23%.
Myriad Genetics, Inc (MYGN) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Myriad Genetics, Inc is 3.76%, while institutional ownership is 100.16%. The most recent insider transaction that took place on Oct 11 ’24, was worth 343,950. In this transaction President and CEO of this company sold 15,000 shares at a rate of $22.93, taking the stock ownership to the 962,378 shares. Before that another transaction happened on Oct 11 ’24, when Company’s Officer proposed sale 15,000 for $22.93, making the entire transaction worth $343,950.
Myriad Genetics, Inc (MYGN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 147.86% per share during the next fiscal year.
Myriad Genetics, Inc (NASDAQ: MYGN) Trading Performance Indicators
Take a look at Myriad Genetics, Inc’s (MYGN) current performance indicators. Last quarter, stock had a quick ratio of 1.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.30, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.12 in one year’s time.
Technical Analysis of Myriad Genetics, Inc (MYGN)
Looking closely at Myriad Genetics, Inc (NASDAQ: MYGN), its last 5-days average volume was 1.15 million, which is a jump from its year-to-date volume of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 4.32%. Additionally, its Average True Range was 1.06.
During the past 100 days, Myriad Genetics, Inc’s (MYGN) raw stochastic average was set at 1.58%, which indicates a significant decrease from 2.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.58% in the past 14 days, which was higher than the 50.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.95, while its 200-day Moving Average is $23.52. However, in the short run, Myriad Genetics, Inc’s stock first resistance to watch stands at $15.53. Second resistance stands at $16.06. The third major resistance level sits at $16.44. If the price goes on to break the first support level at $14.62, it is likely to go to the next support level at $14.24. Now, if the price goes above the second support level, the third support stands at $13.71.
Myriad Genetics, Inc (NASDAQ: MYGN) Key Stats
The company with the Market Capitalisation of 1.37 billion has total of 91,035K Shares Outstanding. Its annual sales at the moment are 753,200 K in contrast with the sum of -263,300 K annual income. Company’s last quarter sales were recorded 213,300 K and last quarter income was -22,100 K.
