Bionano Genomics Stock Went Down By Over 9% So Far On Tuesday

(VIANEWS) – Shares of Bionano Genomics (NASDAQ: BNGO) dropped 9.32% to $0.81 at 11:36 EST on Tuesday, after two successive sessions in a row of losses. NASDAQ is falling 0.1% to $12,145.14, following the last session’s upward trend. This seems, as yet, a somewhat down trend exchanging session today.

Bionano Genomics’s last close was $0.90, 79.4% below its 52-week high of $4.35.

About Bionano Genomics

Bionano Genomics, Inc. provides genome analysis software that enables genomics labs to analyze and interpret data across a range of platforms to generate informative data visualizations for streamlined and simple reporting of causal variants. 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 software, 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 $-0.36.

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 -45.21%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Bionano Genomics’s stock is considered to be overbought (>=80).

Sales Growth

Bionano Genomics’s sales growth is 24.8% for the ongoing quarter and 24% for the next.

More news about Bionano Genomics (BNGO).

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