A major move is in the offing as 10x Genomics Inc (TXG) market cap hits 1.80 billion

A new trading day began on Tuesday, with 10x Genomics Inc (NASDAQ: TXG) stock price down -0.07% from the previous day of trading, before settling in for the closing price of $14.85. TXG’s price has ranged from $12.95 to $51.22 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 27.69% over the last five years. Meanwhile, its annual earnings per share averaged 35.06%. With a float of $100.23 million, this company’s outstanding shares have now reached $106.98 million.

The firm has a total of 1259 workers. Let’s measure their productivity. In terms of profitability, gross margin is 65.89%, operating margin of -28.3%, and the pretax margin is -27.93%.

10x Genomics Inc (TXG) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of 10x Genomics Inc is 17.20%, while institutional ownership is 80.43%. The most recent insider transaction that took place on Nov 22 ’24, was worth 91,612. In this transaction Chief Executive Officer of this company sold 6,693 shares at a rate of $13.69, taking the stock ownership to the 872,574 shares. Before that another transaction happened on Nov 22 ’24, when Company’s insider sold 5,807 for $13.69, making the entire transaction worth $79,485. This insider now owns 339,897 shares in total.

10x Genomics Inc (TXG) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 35.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.30% during the next five years compared to -13.04% drop over the previous five years of trading.

10x Genomics Inc (NASDAQ: TXG) Trading Performance Indicators

Here are 10x Genomics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.85. Likewise, its price to free cash flow for the trailing twelve months is 68.99.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.53, a number that is poised to hit -0.30 in the next quarter and is forecasted to reach -1.27 in one year’s time.

Technical Analysis of 10x Genomics Inc (TXG)

Analysing the last 5-days average volume posted by the [10x Genomics Inc, TXG], we can find that recorded value of 1.96 million was better than the volume posted last year of 1.96 million. As of the previous 9 days, the stock’s Stochastic %D was 29.67%. Additionally, its Average True Range was 1.07.

During the past 100 days, 10x Genomics Inc’s (TXG) raw stochastic average was set at 16.54%, which indicates a significant decrease from 30.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.40% in the past 14 days, which was lower than the 72.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.95, while its 200-day Moving Average is $19.76. Now, the first resistance to watch is $15.31. This is followed by the second major resistance level at $15.77. The third major resistance level sits at $16.55. If the price goes on to break the first support level at $14.07, it is likely to go to the next support level at $13.29. Should the price break the second support level, the third support level stands at $12.83.

10x Genomics Inc (NASDAQ: TXG) Key Stats

With a market capitalization of 1.80 billion, the company has a total of 121,054K Shares Outstanding. Currently, annual sales are 618,730 K while annual income is -255,100 K. The company’s previous quarter sales were 151,650 K while its latest quarter income was -35,750 K.