BioNano Genomics (NASDAQ:BNGO) issued its quarterly earnings results on Thursday. The company reported ($0.62) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.48) by ($0.14), Morningstar.com reports.
Shares of BioNano Genomics stock opened at $4.20 on Friday. BioNano Genomics has a 52-week low of $3.50 and a 52-week high of $10.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 5.19 and a quick ratio of 4.72.
Several institutional investors have recently modified their holdings of BNGO. Monashee Investment Management LLC acquired a new position in shares of BioNano Genomics during the third quarter worth about $1,300,000. Sio Capital Management LLC acquired a new position in BioNano Genomics during the third quarter worth about $7,353,000. Federated Investors Inc. PA acquired a new position in BioNano Genomics during the third quarter worth about $56,704,000. Worth Venture Partners LLC grew its position in BioNano Genomics by 1,666.6% during the fourth quarter. Worth Venture Partners LLC now owns 79,902 shares of the company’s stock worth $417,000 after buying an additional 75,379 shares during the period. Finally, Millennium Management LLC acquired a new position in BioNano Genomics during the fourth quarter worth about $254,000. Institutional investors and hedge funds own 11.50% of the company’s stock.
BioNano Genomics Company Profile
Bionano Genomics, Inc operates as a life sciences instrumentation company in the genome analysis space. The company develops and markets the Saphyr system, a platform for ultra-sensitive and ultra-specific structural variation detection that enables researchers and clinicians to accelerate the search for new diagnostics and therapeutic targets and to streamline the study of changes in chromosomes, which is known as cytogenetics.
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