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NASDAQ:BGLC

BioNexus Gene Lab (BGLC) Stock Price, News & Analysis

BioNexus Gene Lab logo
$0.38
+0.02 (+5.60%)
(As of 11/1/2024 ET)

About BioNexus Gene Lab Stock (NASDAQ:BGLC)

Key Stats

Today's Range
$0.36
$0.38
50-Day Range
$0.35
$0.46
52-Week Range
$0.31
$3.39
Volume
58,045 shs
Average Volume
629,476 shs
Market Capitalization
$6.78 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

BioNexus Gene Lab Corp., through its subsidiary, sells chemical raw material products in Malaysia, Indonesia, Vietnam, and other countries in Southeast Asia. The company offers chemical raw material products, which include Polyester Resin SHCP 268, a thixotropic, quick-curing unsaturated polyester resin suitable as a general-purpose resin; Polyester Resin 9509, a general-purpose material used in production of marine boats and water slides; and Polyester Resin 2802 used as a component in the pultrusion process by certain manufacturers. Its products are used to produce handrails, bench tops, automotive and aero parts, and paneling for hospital, laboratory, industrial clean rooms, and covers for various instruments used in manufacturing. The company also involves in developing and providing non-invasive liquid biopsy tests for the early detection of biomarkers to detect potential risk of diseases. It markets its products through its website, warehouse, marketing personnel, and suppliers. The company was incorporated in 2017 and is based in Kuala Lumpur, Malaysia.

BioNexus Gene Lab Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
20th Percentile Overall Score

BGLC MarketRank™: 

BioNexus Gene Lab scored higher than 20% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Percentage of Shares Shorted

    0.87% of the float of BioNexus Gene Lab has been sold short.
  • Short Interest Ratio / Days to Cover

    BioNexus Gene Lab has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in BioNexus Gene Lab has recently decreased by 45.14%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    BioNexus Gene Lab does not currently pay a dividend.

  • Dividend Growth

    BioNexus Gene Lab does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.87% of the float of BioNexus Gene Lab has been sold short.
  • Short Interest Ratio / Days to Cover

    BioNexus Gene Lab has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in BioNexus Gene Lab has recently decreased by 45.14%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    BioNexus Gene Lab has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Medical companies.
  • Insider Buying vs. Insider Selling

    In the past three months, BioNexus Gene Lab insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.02% of the stock of BioNexus Gene Lab is held by insiders.

  • Percentage Held by Institutions

    Only 18.85% of the stock of BioNexus Gene Lab is held by institutions.

  • Read more about BioNexus Gene Lab's insider trading history.
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BGLC Stock News Headlines

BioNexus partners with Vitarray for gene detection
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European Central Bank cuts key interest rates as inflation falls
See More Headlines

BGLC Stock Analysis - Frequently Asked Questions

BioNexus Gene Lab's stock was trading at $0.53 at the beginning of 2024. Since then, BGLC stock has decreased by 28.8% and is now trading at $0.3772.
View the best growth stocks for 2024 here
.

BioNexus Gene Lab Corp. (NASDAQ:BGLC) announced its quarterly earnings data on Wednesday, August, 14th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $1.98 million for the quarter. BioNexus Gene Lab had a negative net margin of 24.01% and a negative trailing twelve-month return on equity of 23.07%.

BioNexus Gene Lab (BGLC) raised $5 million in an initial public offering (IPO) on Thursday, July 20th 2023. The company issued 1,300,000 shares at a price of $4.00 per share. Network 1 Financial Securities served as the underwriter for the IPO.

Shares of BGLC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that BioNexus Gene Lab investors own include Sangamo Therapeutics (SGMO), NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Arista Networks (ANET) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
8/14/2024
Today
11/02/2024
Next Earnings (Estimated)
11/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical laboratories
Sub-Industry
Healthcare
Current Symbol
NASDAQ:BGLC
Fax
N/A
Employees
30
Year Founded
N/A

Profitability

Net Income
$-2,630,000.00
Pretax Margin
-22.96%

Debt

Sales & Book Value

Annual Sales
$9.18 million
Book Value
$0.55 per share

Miscellaneous

Free Float
17,605,000
Market Cap
$6.78 million
Optionable
Not Optionable
Beta
7.70
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This page (NASDAQ:BGLC) was last updated on 11/2/2024 by MarketBeat.com Staff
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