GeneDx Holdings Corp (NASDAQ: WGS) Now 14.69% Off Its High ($18.24), Does Analysts See Headwinds And Risks?

GeneDx Holdings Corp (NASDAQ:WGS) currently has a daily average trading volume of 305.98K but it saw 2246377 shares traded in last market. With a market cap of 546.85M USD, the company’s current market price of $20.92 came rising about 22.55 while comparing to the previous closing price of $17.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.24 and as low as $1.16.

Taking a look at 20-day trading activity of GeneDx Holdings Corp (WGS) gives us an average price of $11.30, while its current price level is 14.69% below from 52-week high level whereas it is 1703.45% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.86 while that of 200 days or SMA-200 reads an average of $5.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.26% during that period while stretching the period over a month that decreases to 12.21%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 83.59 which implies that the stock is in overbought territory.

Over the week, WGS’s stock price is moving 76.99% up while it is 124.22% when we observe its performance for the past one month. Year-to-date it is 660.73% up and over the past year, the stock is showing an upside performance of 153.07%.

Currently, GeneDx Holdings Corp’s total number of outstanding shares is 25.98M. Company’s return on investment (ROI) stands at -41.99% and return on equity (ROE) at -50.41%. Stock’s beta reads 2.26. Stock has a price to book (P/B) ratio of 2.64 while price to sale or P/S ratio amounts to 2.46. Its return on asset (ROA) is -28.73% on average.