Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Bionano Genomics Inc’s current trading price is -92.63% away from its 52-week high, while its distance from the 52-week low is -8.72%. The stock’s price range over this period has fluctuated between $0.95 and $11.80. The company, operating within the financial sector, had a trading volume of approximately 3.16 million for the day, which was noticeably higher than the average daily share volume of 1.6 million over the last 3 months.
Bionano Genomics Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $11.80 on 04/17/23 and the lowest value was $0.95 on 04/15/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Bionano Genomics Inc (BNGO) has experienced a quarterly decline of -36.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 53.27M and boasts a workforce of 344 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.3256, with a change in price of -0.4800. Similarly, Bionano Genomics Inc recorded 1,743,572 in trading volume during the last 100 days, posting a change of -35.56%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for BNGO stands at 0.91. Similarly, the long-term debt-to-equity ratio is also 0.07.
BNGO Stock Stochastic Average
Today’s raw stochastic average for Bionano Genomics Inc over the last 50 days is 3.60%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 5.63%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 16.73% and 27.44%, respectively.
BNGO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -53.97% this year. Over the last six months, there has been a stronger performance of -64.20%. The price of BNGO leaped by -14.71% during the last 30 days period. For the last 5-days stocks have slided -17.92%.
