A share price of GeneDx Holdings Corp [WGS] is currently trading at $77.74, down -4.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WGS shares have gain 32.17% over the last week, with a monthly amount glided 64.98%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
GeneDx Holdings Corp [NASDAQ: WGS] stock has seen the most recent analyst activity on August 28, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $34. Previously, Craig Hallum started tracking the stock with Buy rating on July 10, 2024, and set its price target to $43.
GeneDx Holdings Corp experienced fluctuations in its stock price throughout the past year between $1.16 and $89.11. Currently, Wall Street analysts expect the stock to reach $42.5 within the next 12 months. GeneDx Holdings Corp [NASDAQ: WGS] shares were valued at $77.74 at the most recent close of the market. An investor can expect a potential drop of -45.33% based on the average WGS price forecast.
Analyzing the WGS fundamentals
Trailing Twelve Months sales for GeneDx Holdings Corp [NASDAQ:WGS] were 267.23M which represents 44.22% growth. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at -0.32%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.4 and Total Capital is -0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.57.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 74.48 points at the first support level, and at 71.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 79.82, and for the 2nd resistance point, it is at 81.90.
Ratios To Look Out For
To put it in perspective, the Current Ratio for GeneDx Holdings Corp [NASDAQ:WGS] is 2.41. As well, the Quick Ratio is 2.27, while the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 7.61, the price to book ratio is 10.43.
Transactions by insiders
Recent insider trading involved ICAHN SCHOOL OF MEDICINE AT MO, 10% Owner, that happened on Oct 31 ’24 when 1.01 million shares were purchased. CHIEF FINANCIAL OFFICER, Feeley Kevin completed a deal on Oct 29 ’24 to sell 274.0 shares. Meanwhile, Chief Executive Officer Stueland Katherine sold 2154.0 shares on Oct 29 ’24.