Bionano Genomics Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $8.20 on 06/05/23, with the lowest value being $0.71 on 04/18/24.
52-week price history of BNGO Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Bionano Genomics Inc’s current trading price is -89.45% away from its 52-week high, while its distance from the 52-week low is 21.10%. The stock’s price range during this period has fluctuated between $0.71 and $8.20. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 1.13 million for the day, which was evidently lower than the average daily volume of 1.53 million over the last three months.
Financial Performance and Market Capitalization
Bionano Genomics Inc (BNGO) has experienced a quarterly decline of -31.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 52.96M and boasts a workforce of 344 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2482, with a change in price of -0.9350. Similarly, Bionano Genomics Inc recorded 1,713,961 in trading volume during the last 100 days, posting a change of -51.94%.
BNGO Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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
Bionano Genomics Inc’s raw stochastic average for the past 50 days is currently at 23.71%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 33.81%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 19.91% and 14.84%, 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 -54.23% this year. Over the last six months, there has been a stronger performance of -34.47%. The price of BNGO leaped by -22.07% during the last 30 days period. For the last 5-days stocks have improved 13.73%.
