Berkeley Lights Inc. (NASDAQ:BLI) went up by 13.15% from its latest closing price compared to the recent 1-year high of $113.53. The company’s stock price has collected 9.38% of gains in the last five trading sessions. Press Release reported 15 hours ago that Berkeley Lights Reports Preliminary Third Quarter 2021 Results
Is It Worth Investing in Berkeley Lights Inc. (NASDAQ :BLI) Right Now?
Opinions of the stock are interesting as 5 analysts out of 7 who provided ratings for Berkeley Lights Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $73.00. BLI currently public float of 55.24M and currently shorts hold a 9.06% ratio of that float. Today, the average trading volume of BLI was 1.46M shares.
BLI’s Market Performance
BLI stocks went up by 9.38% for the week, with a monthly drop of -37.98% and a quarterly performance of -51.16%, while its annual performance rate touched -74.88%. The volatility ratio for the week stands at 7.19% while the volatility levels for the past 30 days are set at 9.58% for Berkeley Lights Inc.. The simple moving average for the period of the last 20 days is -4.26% for BLI stocks with a simple moving average of -58.49% for the last 200 days.
Analysts’ Opinion of BLI
BTIG Research, on the other hand, stated in their research note that they expect to see BLI reach a price target of $70. The rating they have provided for BLI stocks is “Buy” according to the report published on June 22nd, 2021.
Stifel gave a rating of “Buy” to BLI, setting the target price at $105 in the report published on January 27th of the current year.
BLI Trading at -34.07% 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 -81.50% of loss for the given period.
Volatility was left at 9.58%, however, over the last 30 days, the volatility rate increased by 7.19%, as shares sank -35.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -54.60% lower at present.
During the last 5 trading sessions, BLI rose by +9.37%, which changed the moving average for the period of 200-days by -79.69% in comparison to the 20-day moving average, which settled at $21.35. In addition, Berkeley Lights Inc. saw -76.51% 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 4,000 shares at the price of $33.28 back on Sep 14. After this action, Breinlinger Keith now owns 39,140 shares of Berkeley Lights Inc., valued at $133,134 using the latest closing price.
KHANDROS IGOR Y, the Director of Berkeley Lights Inc., sale 37,500 shares at $36.62 during a trade that took place back on Sep 09, which means that KHANDROS IGOR Y is holding 8,986,298 shares at $1,373,346 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 -22.50, with -18.20 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.