The Personalis Inc (NASDAQ: PSNL) Stock Jumped 60.77% In A Single Month – Are There Any Hopes For A Gain?

During the last session, Personalis Inc (NASDAQ:PSNL)’s traded shares were 1.26 million, with the beta value of the company hitting 1.75. At the end of the trading day, the stock’s price was $6.27, reflecting an intraday gain of 8.48% or $0.49. The 52-week high for the PSNL share is $7.20, that puts it down -14.83 from that peak though still a striking 82.14% gain since the share price plummeted to a 52-week low of $1.12. The company’s market capitalization is $445.29M, and the average intraday trading volume over the past 10 days was 2.13 million shares, and the average trade volume was 895.01K shares over the past three months.

Personalis Inc (PSNL) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.33. PSNL has a Sell rating from 0 analyst(s) out of 13 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it.

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

Personalis Inc (PSNL) registered a 8.48% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.48% in intraday trading to $6.27, hitting a weekly high. The stock’s 5-day price performance is 2.96%, and it has moved by 60.77% in 30 days. Based on these gigs, the overall price performance for the year is 207.35%. The short interest in Personalis Inc (NASDAQ:PSNL) is 2.97 million shares and it means that shorts have 4.41 day(s) to cover.

The consensus price target of analysts on Wall Street is $7.5, which implies an increase of 16.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.5 and $9 respectively. As a result, PSNL is trading at a discount of -43.54% off the target high and 12.28% off the low.

Personalis Inc (PSNL) estimates and forecasts

Statistics show that Personalis Inc has outperformed its competitors in share price, compared to the industry in which it operates. Personalis Inc (PSNL) shares have gone up 426.89% during the last six months, with a year-to-date growth rate more than the industry average at 36.87% against 27.60.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -28.46%. While earnings are projected to return 36.09% in 2025, the next five years will return -13.70% per annum.

PSNL Dividends

Personalis Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Personalis Inc (NASDAQ:PSNL)’s Major holders

Personalis Inc insiders own 32.67% of total outstanding shares while institutional holders control 44.36%, with the float percentage being 65.88%. ARK INVESTMENT MANAGEMENT LLC is the largest shareholder of the company, while 113.0 institutions own stock in it. As of 2024-06-30, the company held over 6.36 million shares (or 12.5534% of all shares), a total value of $7.44 million in shares.

The next largest institutional holding, with 3.29 million shares, is of BLACKROCK INC.’s that is approximately 6.4961% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.85 million.