Bionomics Ltd. ADR (NASDAQ: BNOX) is -80.93% lower on its value in year-to-date trading and has touched a low of $0.18 and a high of $2.19 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 BNOX stock was last observed hovering at around $0.30 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.28, the stock is -2.84% and -25.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing -5.05% at the moment leaves the stock -62.36% off its SMA200. BNOX registered -86.09% loss for a year compared to 6-month loss of -76.48%. The firm has a 50-day simple moving average (SMA 50) of $0.38536 and a 200-day simple moving average (SMA200) of $0.753305.
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 -7.44% gain in the last 1 month and extending the period to 3 months gives it a -55.19%, and is -3.59% down 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 16.64% over the week and 24.74% over the month.
Bionomics Ltd. ADR (BNOX) has around 24 employees, a market worth around $4.89M and $0.00M in sales. Distance from 52-week low is 59.49% and -87.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-58.91%).
The EPS is expected to grow by 65.83% this year
The shares outstanding are 13.25M, and float is at 8.15M with Short Float at 2.33%.
The top institutional shareholder in the company is ARMISTICE CAPITAL, LLC with over 1.23 million shares valued at $0.94 million. The investor’s holdings represent 12.9314 of the BNOX Shares outstanding. As of 2024-06-30, the second largest holder is LYNX1 CAPITAL MANAGEMENT LP with 0.6 million shares valued at $0.46 million to account for 6.3212 of the shares outstanding. The other top investors are POINT72 ASSET MANAGEMENT, L.P. which holds 0.32 million shares representing 3.331 and valued at over $0.24 million, while UBS GROUP AG holds 0.3679 of the shares totaling 34897.0 with a market value of $26766.0.
