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

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.

Key Stats

• Today's Range: $0.29 to $0.31
• 50-Day Range: $0.29 to $0.45
• 52-Week Range: $0.28 to $3.39
• Volume: 100,989 shs
• Average Volume: 81,787 shs
• Market Capitalization: $5.23 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

BGLC Stock Analysis - Frequently Asked Questions

How have BGLC shares performed this year?

BioNexus Gene Lab's stock was trading at $0.53 at the beginning of 2024. Since then, BGLC stock has decreased by 45.1% and is now trading at $0.2912.
View the best growth stocks for 2024 here.

When did BioNexus Gene Lab IPO?

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 acted as the underwriter for the IPO.

How do I buy shares of BioNexus Gene Lab?

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.
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What other stocks do shareholders of BioNexus Gene Lab own?

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

• Today: 11/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Medical laboratories
• Sub-Industry: Healthcare
• Current Symbol: NASDAQ:BGLC
• CUSIP: N/A
• CIK: 1737523
• Web: www.bionexusgenelab.com
• Phone: 60-1-2212-6512
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-2,630,000.00
• Net Margins: -10.17%
• Pretax Margin: -9.93%
• Return on Equity: -9.93%
• Return on Assets: -8.43%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.97
• Quick Ratio: 4.87

Sales & Book Value

• Annual Sales: $9.77 million
• Price / Sales: 0.54
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.52 per share
• Price / Book: 0.56

Miscellaneous

• Outstanding Shares: 17,970,000
• Free Float: 17,605,000
• Market Cap: $5.23 million
• Optionable: Not Optionable
• Beta: 7.71