Investors Are Waking Up To Telesis Bio Inc (NASDAQ: TBIO) After Losing -80.21% Over The Past 12 Months

Telesis Bio Inc (NASDAQ:TBIO) currently has a daily average trading volume of 1.06M but it saw 25808916 shares traded in last market. With a market cap of 7.06M USD, the company’s current market price of $3.99 came rising about 71.98 while comparing to the previous closing price of $2.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.65 and as low as $1.27. In the recent trading on the day, stock has struck highest price mark of $3.12 while lowest mark touched by it was $5.08.

Taking a look at 20-day trading activity of Telesis Bio Inc (TBIO) gives us an average price of $2.87, while its current price level is -81.57% below from 52-week high level whereas it is 214.17% 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 $3.47 while that of 200 days or SMA-200 reads an average of $5.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.25% during that period while stretching the period over a month that decreases to 22.21%. 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 58.03 which implies that the stock is in neutral territory.

Over the week, TBIO’s stock price is moving 36.18% up while it is 16.33% when we observe its performance for the past one month. Year-to-date it is -44.44% down and over the past year, the stock is showing a downside performance of -80.21%.

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 1.72. Stock has a price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is -58.02% on average.