Telesis Bio Inc (TBIO): Investing In A Time Of Crisis

Telesis Bio Inc (NASDAQ:TBIO) currently has a daily average trading volume of 139.20K but it saw 600037 shares traded in last market. With a market cap of 2.41M USD, the company’s current market price of $1.36 came falling about -2.86 while comparing to the previous closing price of $1.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.46 and as low as $1.27. In the recent trading on the day, stock has struck highest price mark of $1.33 while lowest mark touched by it was $1.4502.

Taking a look at 20-day trading activity of Telesis Bio Inc (TBIO) gives us an average price of $2.9890, while its current price level is -94.20% below from 52-week high level whereas it is 7.09% 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 $3.5538 while that of 200 days or SMA-200 reads an average of $5.6406. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.63% during that period while stretching the period over a month that decreases to 10.48%. 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 25.95 which implies that the stock is in oversold territory.

Over the week, TBIO’s stock price is moving -20.00% down while it is -61.80% when we observe its performance for the past one month. Year-to-date it is -81.06% down and over the past year, the stock is showing a downside performance of -94.00%.

Currently, Telesis Bio Inc’s total number of outstanding shares is 1.67M. Company’s return on investment (ROI) stands at -118.68% and return on equity (ROE) at -146.98%. Stock’s beta reads 1.79. Stock has a price to sale or P/S ratio amounts to 0.14. Its return on asset (ROA) is -58.02% on average.