Pacific Biosciences of California Inc (NASDAQ: PACB) Loss Of -61.85 Percent Over The Past 30 Days: Any Trouble To Come?

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Pacific Biosciences of California Inc (NASDAQ:PACB)’s traded shares stood at 35.21 million during the last session, with the company’s beta value hitting 1.99. At the close of trading, the stock’s price was $1.40. The PACB share’s 52-week high remains $14.55, putting it -939.29% down since that peak but still an impressive 2.86% since price per share fell to its 52-week low of $1.36. The company has a valuation of $375.13M, with an average of 9.12 million shares over the past 3 months.

Pacific Biosciences of California Inc (NASDAQ:PACB) trade information

Pacific Biosciences of California Inc (PACB) has traded red over the past five days. The stock hit a weekly high of 3.4700. The 5-day price performance for the stock is -57.96%, and -61.85% over 30 days. With these gigs, the year-to-date price performance is -85.73%.

Pacific Biosciences of California Inc (PACB) estimates and forecasts

Looking at statistics comparing Pacific Biosciences of California Inc share performance against respective industry, we note that the company has underperformed competitors. Pacific Biosciences of California Inc (PACB) shares are -82.46% down over the last 6 months, with its year-to-date growth rate lower than industry average at 9.01% against 14.50%.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -9.76% for the past 5-year period. While 2024 is set for a 15.29% return in earnings, projections for the next 5 years are at -1.00% annually.

PACB Dividends

Pacific Biosciences of California Inc has its next earnings report out between April 30 and May 06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Pacific Biosciences of California Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.