Telesis Bio Inc (NASDAQ: TBIO): Retirees Don’t Worry About Volatility

Telesis Bio Inc (NASDAQ:TBIO) currently has a daily average trading volume of 46.77K but it saw 1770938 shares traded in last market. With a market cap of 6.59M USD, the company’s current market price of $3.92 came falling about -0.76 while comparing to the previous closing price of $3.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $28.80 and as low as $3.03.

Taking a look at 20-day trading activity of Telesis Bio Inc (TBIO) gives us an average price of $3.93, while its current price level is -86.39% below from 52-week high level whereas it is 29.59% 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 $3.88 while that of 200 days or SMA-200 reads an average of $7.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.29% during that period while stretching the period over a month that decreases to 13.18%. 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 48.79 which implies that the stock is in neutral territory.

Over the week, TBIO’s stock price is moving -4.39% down while it is 1.55% when we observe its performance for the past one month. Year-to-date it is -45.42% down and over the past year, the stock is showing a downside performance of -86.04%.

Currently, Telesis Bio Inc’s total number of outstanding shares is 1.67M. Company’s return on investment (ROI) stands at -83.01% and return on equity (ROE) at -155.29%. Stock’s beta reads 1.72. Stock has a price to sale or P/S ratio amounts to 0.27. Its return on asset (ROA) is -59.34% on average.