Let’s start up with the current stock price of Pacific Biosciences of California Inc. (PACB), which is $13.20 to be very precise. The Stock rose vividly during the last session to $15.12 after opening rate of $15.10 while the lowest price it went was recorded $13.53 before closing at $13.58.
Recently in News on October 19, 2020, Pacific Biosciences of California, Inc. Third Quarter 2020 Financial Results Call. Pacific Biosciences of California, Inc. (NASDAQ: PACB) will hold its quarterly conference call to discuss its Third Quarter 2020 Financial Results on Monday, November 2, 2020, at 4:30pm Eastern Time. You can read further details here
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Pacific Biosciences of California Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $15.12 on 10/20/20, with the lowest value was $2.20 for the same time period, recorded on 03/18/20.
Pacific Biosciences of California Inc. (PACB) full year performance was 155.74%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Pacific Biosciences of California Inc. shares are logging -12.70% during the 52-week period from high price, and 500.00% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.20 and $15.12.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 2487222 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Pacific Biosciences of California Inc. (PACB) recorded performance in the market was 164.20%, having the revenues showcasing 243.80% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.35B, as it employees total of 404 workers.
Analysts verdict on Pacific Biosciences of California Inc. (PACB)
During the last month, 2 analysts gave the Pacific Biosciences of California Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 6.42, with a change in the price was noted +9.85. In a similar fashion, Pacific Biosciences of California Inc. posted a movement of +277.32% for the period of last 100 days, recording 2,905,988 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PACB is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Pacific Biosciences of California Inc. (PACB): Technical Analysis
Raw Stochastic average of Pacific Biosciences of California Inc. in the period of last 50 days is set at 82.84%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 75.60%. In the last 20 days, the company’s Stochastic %K was 84.27% and its Stochastic %D was recorded 91.32%.
Let’s take a glance in the erstwhile performances of Pacific Biosciences of California Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 164.20%. Additionally, trading for the stock in the period of the last six months notably improved by 321.74%, alongside a boost of 155.74% for the period of the last 12 months. The shares increased approximately by -2.65% in the 7-day charts and went down by 62.83% in the period of the last 30 days. Common stock shares were driven by 243.80% during last recorded quarter.