Should Investors Trust The Upside Potential In Pacific Biosciences of California Inc (PACB)?

Pacific Biosciences of California Inc (NASDAQ:PACB) currently has a daily average trading volume of 8.79M but it saw 4820017 shares traded in last market. With a market cap of 309.09M USD, the company’s current market price of $1.03 came falling about -1.90 while comparing to the previous closing price of $1.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.72 and as low as $0.85.

Over the week, PACB’s stock price is moving -6.36% down while it is -7.21% when we observe its performance for the past one month. Year-to-date it is -43.72% down and over the past year, the stock is showing a downside performance of -42.46%.

The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of -0.17 while estimate for next year EPS is -0.63. In next quarter, company is expected to be making quarterly sales of $39.83M as analysts are expecting the sales for current fiscal year at $156.28M and seeing the company making $185.68M in sales next year. Moreover, analysts are in estimates of $36.45M for current-quarter revenue.

Currently, Pacific Biosciences of California Inc’s total number of outstanding shares is 300.04M with 9.06% of that held by the insiders while 66.04% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -83.28% and return on equity (ROE) at -177.29%. Stock’s beta reads 2.10. Stock has a price to book (P/B) ratio of 3.37 while price to sale or P/S ratio amounts to 2.03. Its return on asset (ROA) is -51.89% on average.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.