The public float for PSNL is 39.30M, and currently, shorts hold a 1.89% of that float. The average trading volume for PSNL on November 21, 2023 was 350.47K shares.
PSNL) stock’s latest price update
Personalis Inc (NASDAQ: PSNL)’s stock price has plunge by 22.73relation to previous closing price of 1.10. Nevertheless, the company has seen a 26.17% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-07 that Personalis, Inc. (NASDAQ:PSNL ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Caroline Corner – IR Chris Hall – CEO and President Aaron Tachibana – CFO and COO Rich Chen – Chief Medical Officer and EVP, Research and Development Conference Call Participants Patrick Donnelly – Citi Dan Brennan – TD Cowen Mark Massaro – VTIG Swayampakula Ramakanth – H.C. Wainwright Operator Good afternoon and welcome to Personalis Third Quarter 2023 Earnings Conference Call.
PSNL’s Market Performance
Personalis Inc (PSNL) has seen a 26.17% rise in stock performance for the week, with a 42.47% gain in the past month and a -23.73% plunge in the past quarter. The volatility ratio for the week is 16.75%, and the volatility levels for the past 30 days are at 15.44% for PSNL. The simple moving average for the past 20 days is 30.13% for PSNL’s stock, with a -34.41% simple moving average for the past 200 days.
Analysts’ Opinion of PSNL
Many brokerage firms have already submitted their reports for PSNL stocks, with Needham repeating the rating for PSNL by listing it as a “Buy.” The predicted price for PSNL in the upcoming period, according to Needham is $8 based on the research report published on February 06, 2023 of the current year 2023.
PSNL Trading at 17.80% from the 50-Day Moving Average
After a stumble in the market that brought PSNL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.68% of loss for the given period.
Volatility was left at 15.44%, however, over the last 30 days, the volatility rate increased by 16.75%, as shares surge +45.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.18% lower at present.
During the last 5 trading sessions, PSNL rose by +26.17%, which changed the moving average for the period of 200-days by -65.38% in comparison to the 20-day moving average, which settled at $1.0584. In addition, Personalis Inc saw -31.82% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PSNL starting from Moore Stephen Michael, who sale 1,722 shares at the price of $1.04 back on Nov 16. After this action, Moore Stephen Michael now owns 78,396 shares of Personalis Inc, valued at $1,791 using the latest closing price.
Tachibana Aaron, the CFO and COO of Personalis Inc, sale 1,344 shares at $1.04 during a trade that took place back on Nov 16, which means that Tachibana Aaron is holding 191,984 shares at $1,398 based on the most recent closing price.
Stock Fundamentals for PSNL
Equity return is now at value -57.31, with -41.43 for asset returns.
Conclusion
In conclusion, Personalis Inc (PSNL) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
