Standard BioTools Inc (NASDAQ: LAB) is -26.24% lower on its value in year-to-date trading and has touched a low of $1.21 and a high of $3.16 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LAB stock was last observed hovering at around $1.59 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.63, the stock is -18.32% and -19.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.97 million and changing 2.52% at the moment leaves the stock -29.21% off its SMA200. LAB registered -43.40% loss for a year compared to 6-month loss of -31.80%.
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The stock witnessed a -22.75% gain in the last 1 month and extending the period to 3 months gives it a -34.27%, and is 6.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.44% over the week and 10.75% over the month.
Standard BioTools Inc (LAB) has around 539 employees, a market worth around $604.97M and $136.30M in sales. Profit margin for the company is -120.81%. Distance from 52-week low is 34.71% and -48.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.48%).
The EPS is expected to grow by 56.74% this year.
Standard BioTools Inc (LAB) Top Institutional Holders
The shares outstanding are 371.15M, and float is at 361.33M with Short Float at 5.37%.
Standard BioTools Inc (LAB) Insider Activity
The most recent transaction is an insider purchase by Casdin Partners Master Fund, L,the company’sDirector. SEC filings show that Casdin Partners Master Fund, L bought 550,000 shares of the company’s common stock on Aug 13 ’24 at a price of $1.62 per share for a total of $0.89 million. Following the purchase, the insider now owns 50.58 million shares.
Standard BioTools Inc disclosed in a document filed with the SEC on Aug 12 ’24 that Casdin Partners Master Fund, L (Director) bought a total of 500,000 shares of the company’s common stock. The trade occurred on Aug 12 ’24 and was made at $1.64 per share for $0.82 million. Following the transaction, the insider now directly holds 50.03 million shares of the LAB stock.
Still, SEC filings show that on Aug 09 ’24, Casdin Partners Master Fund, L (Director) acquired 525,408 shares at an average price of $1.61 for $0.85 million. The insider now directly holds 49,525,821 shares of Standard BioTools Inc (LAB).
