Berkeley Lights Inc. (NASDAQ:BLI) went up by 0.60% from its latest closing price compared to the recent 1-year high of $113.53. The company’s stock price has collected 17.00% of gains in the last five trading sessions. MarketWatch.com reported on 06/05/21 that Here’s what AMC Entertainment’s monster stock surge ‘memes’ for ETFs
Is It Worth Investing in Berkeley Lights Inc. (NASDAQ :BLI) Right Now?
Opinions of the stock are interesting as 5 analysts out of 6 who provided ratings for Berkeley Lights Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $74.25. BLI currently public float of 54.87M and currently shorts hold a 4.69% ratio of that float. Today, the average trading volume of BLI was 913.00K shares.
BLI’s Market Performance
BLI stocks went up by 17.00% for the week, with a monthly jump of 9.65% and a quarterly performance of -14.72%. The volatility ratio for the week stands at 5.74% while the volatility levels for the past 30 days are set at 6.50% for Berkeley Lights Inc.. The simple moving average for the period of the last 20 days is 13.79% for BLI stocks with a simple moving average of -30.07% for the last 200 days.
Analysts’ Opinion of BLI
Many brokerage firms have already submitted their reports for BLI stocks, with Stifel repeating the rating for BLI by listing it as a “Buy.” The predicted price for BLI in the upcoming period, according to Stifel is $105 based on the research report published on January 27th of the current year 2021.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see BLI reach a price target of $95. The rating they have provided for BLI stocks is “Overweight” according to the report published on November 10th, 2020.
Morgan Stanley gave a rating of “Equal-Weight” to BLI, setting the target price at $65 in the report published on August 11th of the previous year.
BLI Trading at 3.08% from the 50-Day Moving Average
After a stumble in the market that brought BLI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.35% of loss for the given period.
Volatility was left at 6.50%, however, over the last 30 days, the volatility rate increased by 5.74%, as shares surge +19.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.68% upper at present.
During the last 5 trading sessions, BLI rose by +17.00%, which changed the moving average for the period of 200-days by -28.27% in comparison to the 20-day moving average, which settled at $41.95. In addition, Berkeley Lights Inc. saw -47.11% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BLI starting from Breinlinger Keith, who sale 8,250 shares at the price of $44.46 back on Jun 08. After this action, Breinlinger Keith now owns 24,631 shares of Berkeley Lights Inc., valued at $366,823 using the latest closing price.
LUCIER GREGORY T, the Director of Berkeley Lights Inc., purchase 5,000 shares at $41.12 during a trade that took place back on Jun 03, which means that LUCIER GREGORY T is holding 253,619 shares at $205,590 based on the most recent closing price.
Stock Fundamentals for BLI
Current profitability levels for the company are sitting at:
- -62.82 for the present operating margin
- +69.29 for the gross margin
The net margin for Berkeley Lights Inc. stands at -64.67. The total capital return value is set at -20.46, while invested capital returns managed to touch -22.26. Equity return is now at value -34.20, with -19.40 for asset returns.
Based on Berkeley Lights Inc. (BLI), the company’s capital structure generated 15.40 points at debt to equity in total, while total debt to capital is 13.35. Total debt to assets is 12.58, with long-term debt to equity ratio resting at 9.89. Finally, the long-term debt to capital ratio is 8.57.
When we switch over and look at the enterprise to sales, we see a ratio of 86.62, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 4.46 and the total asset turnover is 0.30. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.16.