Additionally, the 36-month beta value for TBIO is 1.70. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for TBIO is 0.45M and currently, short sellers hold a 11.42% ratio of that float. The average trading volume of TBIO on August 05, 2024 was 78.03K shares.
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TBIO) stock’s latest price update
Telesis Bio Inc (NASDAQ: TBIO)’s stock price has soared by 30.33 in relation to previous closing price of 4.22. Nevertheless, the company has seen a gain of 34.15% in its stock price over the last five trading days. globenewswire.com reported 2024-05-09 that SAN DIEGO, May 09, 2024 (GLOBE NEWSWIRE) — Telesis Bio Inc. (NASDAQ: TBIO), a leading provider of RNA and DNA solutions enabling researchers to accelerate therapeutic discovery through advanced, flexible, and rapid automated synthesis in their own lab, today announced financial results for the first quarter of 2024. In discussing results, recently appointed President and CEO Eric Esser said, “I am pleased with our performance as we execute against our strategy to focus on Gibson SOLA and BioXp mRNA solutions.
TBIO’s Market Performance
Telesis Bio Inc (TBIO) has experienced a 34.15% rise in stock performance for the past week, with a 45.50% rise in the past month, and a -13.73% drop in the past quarter. The volatility ratio for the week is 37.55%, and the volatility levels for the past 30 days are at 17.16% for TBIO. The simple moving average for the past 20 days is 39.07% for TBIO’s stock, with a -21.36% simple moving average for the past 200 days.
TBIO Trading at 42.10% from the 50-Day Moving Average
After a stumble in the market that brought TBIO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.03% of loss for the given period.
Volatility was left at 17.16%, however, over the last 30 days, the volatility rate increased by 37.55%, as shares surge +51.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.81% upper at present.
During the last 5 trading sessions, TBIO rose by +34.15%, which changed the moving average for the period of 200-days by -67.49% in comparison to the 20-day moving average, which settled at $4.05. In addition, Telesis Bio Inc saw -23.42% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TBIO
Current profitability levels for the company are sitting at:
- -1.33 for the present operating margin
- 0.53 for the gross margin
The net margin for Telesis Bio Inc stands at -1.84. The total capital return value is set at -0.57. Equity return is now at value -155.29, with -59.34 for asset returns.
Based on Telesis Bio Inc (TBIO), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at -4.3. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is -10.64.
Currently, EBITDA for the company is -31.05 million with net debt to EBITDA at -0.86. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 8.22for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.65.
Conclusion
In conclusion, Telesis Bio Inc (TBIO) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
