The stock of Illumina Inc (NASDAQ:ILMN) last traded at $136.02, up 1.51% from the previous session.
ILMN stock price is now -5.50% away from the 50-day moving average and 7.88% away from the 200-day moving average. The market capitalization of the company currently stands at $21.90B.
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With the price target reduced from $190 to $165, Citigroup Downgraded its rating from Buy to Neutral for Illumina Inc (NASDAQ: ILMN). , while ‘HSBC Securities’ rates the stock as ‘Buy’
In other news, CHARLES E. DADSWELL TRUST U/A/, Officer bought 4,948 shares of the company’s stock on Oct 14 ’24. The stock was bought for $720,132 at an average price of $145.54. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15 ’24, Officer CHARLES E. DADSWELL TRUST U/A/ bought 3,956 shares of the business’s stock. A total of $483,740 was incurred on buying the stock at an average price of $122.28. A total of 0.77% of the company’s stock is owned by insiders.
During the past 12 months, Illumina Inc has had a low of $97.27 and a high of $156.66. As of last week, the company has a debt-to-equity ratio of 1.26, a current ratio of 2.43, and a quick ratio of 1.85. The fifty day moving average price for ILMN is $143.9318 and a two-hundred day moving average price translates $126.12539 for the stock.
The latest earnings results from Illumina Inc (NASDAQ: ILMN) was released for 2024-09-29. The net profit margin was -36.10% and return on equity was -39.51% for ILMN. The company reported revenue of $1.08 billion for the quarter, compared to $1.12 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.49 percent.
