Bionano Genomics Stock Went Down By Over 30% In The Last 21 Sessions

(VIANEWS) – Shares of Bionano Genomics (NASDAQ: BNGO) dropped by a staggering 30.46% in 21 sessions from $1.97 at 2023-02-02, to $1.37 at 10:59 EST on Friday, following the last session’s upward trend. NASDAQ is rising 0.72% to $11,545.82, following the last session’s upward trend.

Bionano Genomics’s last close was $1.36, 68.74% below its 52-week high of $4.35.

About Bionano Genomics

Bionano Genomics, Inc. provides genome analysis software solutions. It offers Saphyr, a sample-to-result solution for structural variation analysis by optical genome mapping for genome analysis and understanding of genetic variation and function; Saphyr instrument, a single-molecule imager; Saphyr Chip, a consumable that packages the nanochannel arrays for DNA linearization; and Bionano Prep Kits and DNA labeling kits, which provide the reagents and protocols for extracting and labeling ultra-high molecular weight. The company also provides Saphyr and Bionano compute servers; and NxClinical which offers one system for analysis and interpretation of genomic variants from microarray and next-generation sequencing data for cytogenetics and molecular genetics. In addition, it offers testing and laboratory services comprising FirstStepDx PLUS, a chromosomal microarray for identifying an underlying genetic cause in individuals with autism spectrum disorder, developmental delay, and intellectual disability; Fragile X syndrome (FXS) testing services; NextStepDx PLUS, a exome sequencing test to identify genetic variants that are associated with disorders of childhood development; EpiPanelDx PLUS, a genetic testing panel for patients who have experienced seizures, infantile spasms, encephalopathy, or febrile seizures; PGx test, which identifies over 60 alleles in 11 genes. The company was founded in 2003 and is headquartered in San Diego, California.

Earnings Per Share

As for profitability, Bionano Genomics has a trailing twelve months EPS of $-0.394.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -37.5%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 37.5% and positive 9.1% for the next.

Sales Growth

Bionano Genomics’s sales growth is 27.9% for the ongoing quarter and 58% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 55.1%, now sitting on 25.89M for the twelve trailing months.

Moving Average

Bionano Genomics’s worth is way under its 50-day moving average of $1.73 and way below its 200-day moving average of $1.96.

More news about Bionano Genomics (BNGO).

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