Pacific Biosciences of California Inc (PACB) Down -58.46% From Its 52-Week High, But Growth Potential Is Changing Over Time

Pacific Biosciences of California Inc (NASDAQ:PACB) currently has a daily average trading volume of 10.20M but it saw 6161022 shares traded in last market. With a market cap of 339.05M USD, the company’s current market price of $1.13 came rising about 2.73 while comparing to the previous closing price of $1.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.72 and as low as $1.06.

Taking a look at 20-day trading activity of Pacific Biosciences of California Inc (PACB) gives us an average price of $1.1895, while its current price level is -58.46% below from 52-week high level whereas it is 6.60% 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 $1.2489 while that of 200 days or SMA-200 reads an average of $1.6586. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.50% during that period while stretching the period over a month that increases to 7.44%. 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 44.11 which implies that the stock is in neutral territory.

Over the week, PACB’s stock price is moving 1.80% up while it is -14.39% when we observe its performance for the past one month. Year-to-date it is -38.25% down and over the past year, the stock is showing a downside performance of -38.25%.

Currently, Pacific Biosciences of California Inc’s total number of outstanding shares is 294.42M with 9.06% of that held by the insiders while 71.12% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -26.40% and return on equity (ROE) at -51.11%. Stock’s beta reads 2.20. Stock has a price to book (P/B) ratio of 0.66 while price to sale or P/S ratio amounts to 2.20. Its return on asset (ROA) is -20.53% on average.