The stock price of Personalis Inc (NASDAQ: PSNL) has jumped by 4.42 compared to previous close of 3.73. Despite this, the company has seen a gain of 12.57% in its stock price over the last five trading days. businesswire.com reported 2024-11-20 that FREMONT, Calif.–(BUSINESS WIRE)–Personalis, Inc. (Nasdaq: PSNL), a leader in advanced genomics for precision oncology, announced today that its management team will participate at the following investor conferences: Piper Sandler 36th Annual Healthcare Conference Date: Tuesday, December 3, 2024 Fireside Chat Time: 12:30 pm Eastern Time Location: The Lotte New York Palace in New York, NY TD Cowen Diagnosing Tomorrow: Tools & Technologies for the Next Decade Date: Thursday, December 12, 202.
Is It Worth Investing in Personalis Inc (NASDAQ: PSNL) Right Now?
Moreover, the 36-month beta value for PSNL is 1.87. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for PSNL is 41.79M and currently, short sellers hold a 6.82% of that float. On November 27, 2024, PSNL’s average trading volume was 781.68K shares.
PSNL’s Market Performance
The stock of Personalis Inc (PSNL) has seen a 12.57% increase in the past week, with a -24.07% drop in the past month, and a -32.84% fall in the past quarter. The volatility ratio for the week is 7.24%, and the volatility levels for the past 30 days are at 9.96% for PSNL. The simple moving average for the past 20 days is -10.60% for PSNL’s stock, with a 31.69% 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 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 -17.73% 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 -45.90% of loss for the given period.
Volatility was left at 9.96%, however, over the last 30 days, the volatility rate increased by 7.24%, as shares sank -22.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.90% lower at present.
During the last 5 trading sessions, PSNL rose by +16.62%, which changed the moving average for the period of 200-days by +239.08% in comparison to the 20-day moving average, which settled at $4.36. In addition, Personalis Inc saw 85.48% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PSNL starting from Tachibana Aaron, who sale 1,307 shares at the price of $3.79 back on Nov 18 ’24. After this action, Tachibana Aaron now owns 173,963 shares of Personalis Inc, valued at $4,954 using the latest closing price.
Moore Stephen Michael, the SVP and Chief Legal Officer of Personalis Inc, sale 1,693 shares at $3.79 during a trade that took place back on Nov 18 ’24, which means that Moore Stephen Michael is holding 67,388 shares at $6,416 based on the most recent closing price.
Stock Fundamentals for PSNL
Current profitability levels for the company are sitting at:
- -0.8 for the present operating margin
- 0.31 for the gross margin
The net margin for Personalis Inc stands at -1.05. The total capital return value is set at -0.34. Equity return is now at value -57.52, with -39.20 for asset returns.
Based on Personalis Inc (PSNL), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -123.53. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -2061.38.
Currently, EBITDA for the company is -96.81 million with net debt to EBITDA at 0.69. When we switch over and look at the enterprise to sales, we see a ratio of 2.72. The receivables turnover for the company is 6.49for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.62.
Conclusion
To wrap up, the performance of Personalis Inc (PSNL) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
