Stocks of Personalis Inc (NASDAQ:PSNL) traded higher last session on Wall Street, up 18.15% to $5.99.
PSNL stock price is now 164.41% away from the 50-day moving average and 261.03% away from the 200-day moving average. The market capitalization of the company currently stands at $317.89M.
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With the price target maintained at $8, Needham recently Upgraded its rating from Hold to Buy for Personalis Inc (NASDAQ: PSNL). , while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Chen Richard, CHIEF MEDICAL OFFICER AND EVP sold 524 shares of the company’s stock on Jul 30 ’24. The stock was sold for $1,556 at an average price of $2.97. Upon completion of the transaction, the CHIEF MEDICAL OFFICER AND EVP now directly owns 127,227 shares in the company, valued at $0.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 30 ’24, CFO AND COO Tachibana Aaron sold 742 shares of the business’s stock. A total of $2,204 was realized by selling the stock at an average price of $2.97. This leaves the insider owning 175,270 shares of the company worth $1.05 million. A total of 16.98% of the company’s stock is owned by insiders.
During the past 12 months, Personalis Inc has had a low of $0.89 and a high of $5.10. As of last week, the company has a debt-to-equity ratio of 0.42, a current ratio of 3.18, and a quick ratio of 3.05. The fifty day moving average price for PSNL is $2.3558 and a two-hundred day moving average price translates $1.684345 for the stock.
The latest earnings results from Personalis Inc (NASDAQ: PSNL) was released for 2024-06-30. The net profit margin was -101.78% and return on equity was -56.49% for PSNL. The company reported revenue of $22.58 million for the quarter, compared to $16.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 35.22 percent.
