A new trading day began on Friday, with Ginkgo Bioworks Holdings Inc (NYSE: DNA) stock price up 8.95% from the previous day of trading, before settling in for the closing price of $6.59. DNA’s price has ranged from $5.26 to $75.20 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 104.75% over the past five years. Meanwhile, its annual earnings per share averaged 45.22%. With a float of $37.16 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 63.73%, operating margin of -271.32%, and the pretax margin is -298.94%.
Ginkgo Bioworks Holdings Inc (DNA) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Ginkgo Bioworks Holdings Inc is 31.79%, while institutional ownership is 47.99%. The most recent insider transaction that took place on Nov 22 ’24, was worth 657. Before that another transaction happened on Nov 21 ’24, when Company’s Officer proposed sale 99 for $6.46, making the entire transaction worth $640.
Ginkgo Bioworks Holdings Inc (DNA) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -2.94 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.22% per share during the next fiscal year.
Ginkgo Bioworks Holdings Inc (NYSE: DNA) Trading Performance Indicators
Here are Ginkgo Bioworks Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.90, a number that is poised to hit -1.50 in the next quarter and is forecasted to reach -5.88 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 1.21 million, a positive change from its year-to-date volume of 1.15 million. As of the previous 9 days, the stock’s Stochastic %D was 17.24%. Additionally, its Average True Range was 0.72.
During the past 100 days, Ginkgo Bioworks Holdings Inc’s (DNA) raw stochastic average was set at 17.25%, which indicates a significant decrease from 28.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.31% in the past 14 days, which was lower than the 110.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.84, while its 200-day Moving Average is $22.75. Nevertheless, the first resistance level for the watch stands at $7.52 in the near term. At $7.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.37. If the price goes on to break the first support level at $6.67, it is likely to go to the next support level at $6.16. Assuming the price breaks the second support level, the third support level stands at $5.82.
Ginkgo Bioworks Holdings Inc (NYSE: DNA) Key Stats
With a market capitalization of 449.65 million, the company has a total of 57,479K Shares Outstanding. Currently, annual sales are 251,460 K while annual income is -892,870 K. The company’s previous quarter sales were 89,050 K while its latest quarter income was -56,400 K.
