Bionano Genomics Inc (BNGO) Stock: A Year of Highs and Lows in the Market

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The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Bionano Genomics Inc’s current trading price is -85.67% away from its 52-week high, while its distance from the 52-week low is 64.50%. The stock’s price range for this period has been between $0.71 and $8.20 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.86 million for the day, a number notably lower than the average daily volume of 1.41 million over the last three months.

Bionano Genomics Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $8.20 on 06/05/23, while the lowest price for the same period was registered at $0.71 on 04/18/24.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Bionano Genomics Inc (BNGO) has experienced a quarterly decline of -4.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 78.56M 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 1.1812, with a change in price of -0.4600. Similarly, Bionano Genomics Inc recorded 1,638,038 in trading volume during the last 100 days, posting a change of -28.40%.

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 0.52. Similarly, the long-term debt-to-equity ratio is also 0.08.

BNGO Stock Stochastic Average

Bionano Genomics Inc’s raw stochastic average for the past 50 days is presently 81.67%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 93.69%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 91.09% and 87.15%, respectively.

BNGO Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -37.83% this year. Over the last six months, there has been a stronger performance of -8.20%. The price of BNGO fallen by 37.35% during the last 30 days period. For the last 5-days stocks have improved 27.72%.

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