The stock of Personalis Inc (PSNL) has seen a 6.52% increase in the past week, with a 2.80% gain in the past month, and a 5.00% flourish in the past quarter. The volatility ratio for the week is 8.60%, and the volatility levels for the past 30 days are at 6.95% for PSNL. The simple moving average for the past 20 days is 11.32% for PSNL’s stock, with a -2.05% simple moving average for the past 200 days.
Is It Worth Investing in Personalis Inc (NASDAQ: PSNL) Right Now?
The stock has a 36-month beta value of 1.95. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PSNL is 41.56M, and at present, short sellers hold a 2.58% of that float. On May 01, 2024, the average trading volume of PSNL was 326.26K shares.
PSNL) stock’s latest price update
Personalis Inc (NASDAQ: PSNL)’s stock price has gone rise by 8.09 in comparison to its previous close of 1.36, however, the company has experienced a 6.52% increase in its stock price over the last five trading days. Business Wire reported 2024-04-24 that FREMONT, Calif.–(BUSINESS WIRE)–Personalis, Inc. (Nasdaq: PSNL), a leader in advanced genomics for cancer, announced today that it will release its first quarter 2024 financial results on Wednesday, May 8, 2024. In conjunction with the release, Personalis will host a conference call and webcast that day at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss its financial results and recent highlights. Interested parties may access the call by dialing 844-826-3035 for domestic callers o.
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 previous year 2023.
BofA Securities gave a rating of “Buy” to PSNL, setting the target price at $23 in the report published on January 07th of the previous year.
PSNL Trading at 1.77% 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 -43.46% of loss for the given period.
Volatility was left at 6.95%, however, over the last 30 days, the volatility rate increased by 8.60%, as shares surge +7.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.09% upper at present.
During the last 5 trading sessions, PSNL rose by +6.52%, which changed the moving average for the period of 200-days by -27.23% in comparison to the 20-day moving average, which settled at $1.3255. In addition, Personalis Inc saw -30.00% 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 MYERS WOODROW A JR, who purchase 10,000 shares at the price of $1.67 back on Mar 01 ’24. After this action, MYERS WOODROW A JR now owns 26,116 shares of Personalis Inc, valued at $16,700 using the latest closing price.
Tachibana Aaron, the CFO AND COO of Personalis Inc, sale 716 shares at $1.37 during a trade that took place back on Jan 29 ’24, which means that Tachibana Aaron is holding 184,521 shares at $981 based on the most recent closing price.
Stock Fundamentals for PSNL
Current profitability levels for the company are sitting at:
- -1.39 for the present operating margin
- 0.25 for the gross margin
The net margin for Personalis Inc stands at -1.47. The total capital return value is set at -0.57. Equity return is now at value -62.31, with -41.83 for asset returns.
Based on Personalis Inc (PSNL), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -5.29. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -927.37.
Currently, EBITDA for the company is -85.0 million with net debt to EBITDA at 0.1. When we switch over and look at the enterprise to sales, we see a ratio of 0.9. The receivables turnover for the company is 4.14for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.00.
Conclusion
To sum up, Personalis Inc (PSNL) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
