Singular Genomics Systems Inc. (NASDAQ:OMIC) went up by 3.16% from its latest closing price compared to the recent 1-year high of $33.37. The company’s stock price has collected -1.72% of loss in the last five trading sessions. Press Release reported on 11/11/21 that Knight Therapeutics Reports Third Quarter 2021
Is It Worth Investing in Singular Genomics Systems Inc. (NASDAQ :OMIC) Right Now?
Opinions of the stock are interesting as 4 analysts out of 5 who provided ratings for Singular Genomics Systems 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 $28.25, which is $13.96 above the current price. OMIC currently public float of 56.96M and currently shorts hold a 1.68% ratio of that float. Today, the average trading volume of OMIC was 185.25K shares.
OMIC’s Market Performance
OMIC stocks went down by -1.72% for the week, with a monthly drop of -9.27% and a quarterly performance of -17.31%. The volatility ratio for the week stands at 16.42% while the volatility levels for the past 30 days are set at 11.89% for Singular Genomics Systems Inc.. The simple moving average for the period of the last 20 days is -7.99% for OMIC stocks with a simple moving average of -23.13% for the last 200 days.
OMIC Trading at 0.56% from the 50-Day Moving Average
After a stumble in the market that brought OMIC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.92% of loss for the given period.
Volatility was left at 11.89%, however, over the last 30 days, the volatility rate increased by 16.42%, as shares sank -8.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.51% lower at present.
During the last 5 trading sessions, OMIC fell by -1.72%, in comparison to the 20-day moving average, which settled at $14.83. In addition, Singular Genomics Systems Inc. saw -46.70% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OMIC
The total capital return value is set at -74.50, while invested capital returns managed to touch -76.58.
The liquidity ratio also appears to be rather interesting for investors as it stands at 7.47.