BioAffinity Technologies Inc (NASDAQ: BIAF) is -2.20% lower on its value in year-to-date trading and has touched a low of $0.24 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 BIAF stock was last observed hovering at around $1.09 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $0.89, the stock is 132.39% and 54.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 28.97 million and changing -18.35% at the moment leaves the stock -34.51% off its SMA200. BIAF registered -57.42% loss for a year compared to 6-month loss of -57.21%. The firm has a 50-day simple moving average (SMA 50) of $0.57538 and a 200-day simple moving average (SMA200) of $1.358955.
The stock witnessed a 169.70% gain in the last 1 month and extending the period to 3 months gives it a -4.30%, and is 213.38% 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 49.63% over the week and 26.75% over the month.
BioAffinity Technologies Inc (BIAF) has around 57 employees, a market worth around $13.87M and $9.36M in sales. Profit margin for the company is -96.56%. Distance from 52-week low is 270.22% and -71.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-265.19%).
with sales reaching $2.11M over the same period.The EPS is expected to grow by 40.00% this year, but quarterly earnings will post -35.42% year-over-year.
16.0 institutions hold shares in BioAffinity Technologies Inc (BIAF), with institutional investors hold 4.85% of the company’s shares. The shares outstanding are 15.58M, and float is at 9.42M with Short Float at 2.55%. Institutions hold 3.44% of the Float.
