BioAffinity Technologies Inc (BIAF) Looks Ready for Growth Despite -75.27% Change This Year

BioAffinity Technologies Inc (NASDAQ: BIAF) is -75.27% lower on its value in year-to-date trading and has touched a low of $0.16 and a high of $2.99 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 $0.21 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $0.23, the stock is -34.02% and -45.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.08 million and changing 6.31% at the moment leaves the stock -78.73% off its SMA200. BIAF registered -88.03% loss for a year compared to 6-month loss of -82.55%.

The stock witnessed a -56.30% gain in the last 1 month and extending the period to 3 months gives it a -71.37%, and is 12.52% 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 27.57% over the week and 18.25% over the month.

BioAffinity Technologies Inc (BIAF) has around 57 employees, a market worth around $6.13M and $8.81M in sales. Profit margin for the company is -110.55%. Distance from 52-week low is 37.31% and -92.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-456.80%).

with sales reaching $1.21M 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. Quarterly sales are estimated to shrink -49.70% in year-over-year returns.

BioAffinity Technologies Inc (BIAF) Top Institutional Holders

The shares outstanding are 18.26M, and float is at 13.51M with Short Float at 2.14%.

BioAffinity Technologies Inc (BIAF) Insider Activity

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