These Numbers Show Favorable Signs for Telesis Bio Inc (TBIO)

Telesis Bio Inc (NASDAQ: TBIO) is -55.03% lower on its value in year-to-date trading and has touched a low of $1.27 and a high of $21.19 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 TBIO stock was last observed hovering at around $3.99 in the last trading session, with the day’s loss setting it -0.76%.

Currently trading at $3.23, the stock is 12.52% and -6.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing -19.05% at the moment leaves the stock -41.42% off its SMA200. TBIO registered -83.38% loss for a year compared to 6-month loss of -59.22%. The firm has a 50-day simple moving average (SMA 50) of $3.44992 and a 200-day simple moving average (SMA200) of $5.497015.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -4.44% gain in the last 1 month and extending the period to 3 months gives it a -11.51%, and is 4.53% 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 35.21% over the week and 23.21% over the month.

Telesis Bio Inc (TBIO) has around 147 employees, a market worth around $5.72M and $17.53M in sales. Profit margin for the company is -295.86%. Distance from 52-week low is 154.33% and -84.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-118.68%).

with sales reaching $2M over the same period., but quarterly earnings will post -66.60% year-over-year. Quarterly sales are estimated to shrink -64.10% in year-over-year returns.

Telesis Bio Inc (TBIO) Top Institutional Holders

13.0 institutions hold shares in Telesis Bio Inc (TBIO), with institutional investors hold 53.09% of the company’s shares. The shares outstanding are 1.67M, and float is at 0.52M with Short Float at 5.71%. Institutions hold 32.97% of the Float.

#####