In last trading session, Genetic Technologies Limited (NASDAQ:GENE) saw 1,753,419 shares changing hands with its beta currently measuring 2.64. Company’s recent per share price level of $4.38 trading at $0.05 or 1.04% at ring of the bell on the day assigns it a market valuation of $51.47 Million. That closing price of GENE’s stock is at a discount of -135.16% from its 52-week high price of $10.3 and is indicating a premium of 67.81% from its 52-week low price of $1.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.38 Million shares which gives us an average trading volume of 1.06 Million if we extend that period to 3-months.
For Genetic Technologies Limited (GENE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 0. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 1 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Genetic Technologies Limited (NASDAQ:GENE) trade information
Upright in the green during last session for gaining 1.04%, in the last five days GENE remained trading in the green while hitting it’s week-highest on Wednesday, Jan 13 when the stock touched $4.94-1 price level, adding 11.44% to its value on the day. Genetic Technologies Limited’s shares saw a change of 21.53% in year-to-date performance and have moved 15.13% in past 5-day. Genetic Technologies Limited (NASDAQ:GENE) showed a performance of 18.56% in past 30-days. Number of shares sold short was 1.18 Million shares which calculate 1.11 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $25.65 to the stock, which implies a rise of 485.62% to its current value. Analysts have been projecting $25.65 as a low price target for the stock while placing it at a high target of $25.65. It follows that stock’s current price would jump +485.62% in reaching the projected high whereas dropping to the targeted low would mean a loss of 485.62% for stock’s current value.
Genetic Technologies Limited (GENE) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 29.1% during past 5 years. In 2021, company’s earnings growth rate is likely to be around -157.9% while estimates for its earnings growth in next 5 years are of 0%
Genetic Technologies Limited (NASDAQ:GENE)’s Major holders
Insiders are in possession of 1.28% of company’s total shares while institution are holding 1.41% percent of that, with stock having share float percentage of 1.42%. Investors also watch the number of corporate investors in a company very closely, which is 14 institutions for Genetic Technologies Limited that are currently holding shares of the company. Susquehanna Fundamental Investments, LLC is the top institutional holder at GENE for having 64.6 Thousand shares of worth $223.52 Thousand. And as of September 29, 2020, it was holding 0.47% of the company’s outstanding shares.
The second largest institutional holder is Susquehanna International Group, LLP, which was holding about 53.32 Thousand shares on September 29, 2020. The number of shares represents firm’s hold over 0.39% of outstanding shares, having a total worth of $184.47 Thousand.
On the other hand, Fidelity NASDAQ Composite Index Fund and Trust For Professional Managers-PMC Diversified Equity Fund are the top two Mutual Funds which own company’s shares. As of November 29, 2020, the former fund manager was holding 2511 shares of worth $7.96 Thousand or 0.02% of the total outstanding shares. The later fund manager was in possession of 2.17 Thousand shares on September 29, 2020, making its stake of worth around $7.5 Thousand in the company or a holder of 0.02% of company’s stock.
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