In the last trading session, 6.29 million Personalis Inc (NASDAQ:PSNL) shares changed hands as the company’s beta touched 1.85. With the company’s per share price at $5.99 changed hands at $0.92 or 18.15% during last session, the market valuation stood at $317.89M. PSNL’s last price was a premium, traded about 14.86% off its 52-week high of $5.10. The share price had its 52-week low at $0.89, which suggests the last value was 85.14% up since then. When we look at Personalis Inc’s average trading volume, we note the 10-day average is 2.01 million shares, with the 3-month average coming to 1.04 million.
Analysts gave the Personalis Inc (PSNL) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.33. If we narrow down to specifics, the data shows that 0 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended PSNL as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Personalis Inc (NASDAQ:PSNL) trade information
Instantly PSNL was in green as seen at the end of in last trading. With action 83.74%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 185.24%, with the 5-day performance at 83.74% in the green. However, in the 30-day time frame, Personalis Inc (NASDAQ:PSNL) is 144.49% up. Looking at the short shares, we see there were 1.81 million shares sold at short interest cover period of 0.93 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5.5, meaning bulls need a downside of -8.91% from its current market value. According to analyst projections, PSNL’s forecast low is 4 with 13 as the target high. To hit the forecast high, the stock’s price needs a -117.03% plunge from its current level, while the stock would need to tank 33.22% for it to hit the projected low.
Personalis Inc (PSNL) estimates and forecasts
Data shows that the Personalis Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 353.79% over the past 6 months, a 48.39% in annual growth rate that is considerably higher than the industry average of 19.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -28.46%. The 2024 estimates are for Personalis Inc earnings to increase by 45.93%, but the outlook for the next 5-year period is at -13.70% per year.
Personalis Inc (NASDAQ:PSNL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 18.41% of Personalis Inc shares while 62.51% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 76.61%. There are 62.51% institutions holding the Personalis Inc stock share, with ARK INVESTMENT MANAGEMENT LLC the top institutional holder. As of 2024-03-31, the company held 12.5904% of the shares, roughly 6.07 million PSNL shares worth $9.04 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.81% or 3.28 million shares worth $4.89 million as of 2024-03-31.
