For the readers interested in the stock health of Fulgent Genetics Inc. (FLGT). It is currently valued at $87.75. When the transactions were called off in the previous session, Stock hit the highs of $90.6029, after setting-off with the price of $83.50. Company’s stock value dipped to $83.00 during the trading on the day. When the trading was stopped its value was $82.30.
Recently in News on March 15, 2021, Fulgent Genetics Awarded Contract from CDC to Study Variants of COVID-19 Virus. Agreement leverages Fulgent’s Next Generation Sequencing (“NGS”) capabilities for genomic sequencing to aid in ongoing research of SARS-CoV-2, the virus that causes COVID-19. You can read further details here
Fulgent Genetics 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 $189.89 on 02/09/21, with the lowest value was $53.02 for the same time period, recorded on 01/04/21.
Fulgent Genetics Inc. (FLGT) full year performance was 617.50%
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, Fulgent Genetics Inc. shares are logging -53.79% during the 52-week period from high price, and 754.43% 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 $10.27 and $189.89.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1534538 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 Fulgent Genetics Inc. (FLGT) recorded performance in the market was 68.43%, having the revenues showcasing 41.37% 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 2.54B, as it employees total of 429 workers.
Market experts do have their say about Fulgent Genetics Inc. (FLGT)
During the last month, 0 analysts gave the Fulgent Genetics Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 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 84.25, with a change in the price was noted +41.70. In a similar fashion, Fulgent Genetics Inc. posted a movement of +90.55% for the period of last 100 days, recording 2,017,003 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 FLGT is recording 0.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Fulgent Genetics Inc. (FLGT)
Raw Stochastic average of Fulgent Genetics Inc. in the period of last 50 days is set at 6.14%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 13.99%. In the last 20 days, the company’s Stochastic %K was 7.35% and its Stochastic %D was recorded 5.93%.
Bearing in mind the latest performance of Fulgent Genetics Inc., several 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 68.43%. Additionally, trading for the stock in the period of the last six months notably improved by 99.43%, alongside a boost of 617.50% for the period of the last 12 months. The shares increased approximately by -5.72% in the 7-day charts and went up by -8.21% in the period of the last 30 days. Common stock shares were driven by 41.37% during last recorded quarter.