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 -91.07% away from its 52-week high, while its distance from the 52-week low is -6.97%. The stock’s price range over this period has fluctuated between $0.13 and $1.36. The company, operating within the financial sector, had a trading volume of approximately 16.91 million for the day, which was noticeably higher than the average daily share volume of 8.26 million over the last 3 months.
Bionano Genomics Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $1.36 on 02/28/24, while the lowest price for the same period was registered at $0.13 on 01/24/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Bionano Genomics Inc (BNGO) has experienced a quarterly decline of -60.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.99M 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 0.3065, with a change in price of -0.3617. Similarly, Bionano Genomics Inc recorded 5,862,092 in trading volume during the last 100 days, posting a change of -74.86%.
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 0.46. Similarly, the long-term debt-to-equity ratio is also 0.11.
BNGO Stock Stochastic Average
Today, Bionano Genomics Inc’s raw stochastic average for the past 50 days stands at 2.23%, indicating a rise from the raw stochastic average of the last 20 days, which was 2.23%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 2.89% and 3.90% respectively.
BNGO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -57.87% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -80.33%. Over the past 30 days, the price of BNGO has leaped by -37.69%. And in the last five days, it has fallen by -40.88%.
