At the time of writing, Genelux Corp [GNLX] stock is trading at $2.89, up 17.48%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GNLX shares have gain 18.44% over the last week, with a monthly amount glided 20.42%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Genelux Corp [NASDAQ: GNLX] stock has seen the most recent analyst activity on October 29, 2024, when Guggenheim initiated its Buy rating and assigned the stock a price target of $8. Previously, ROTH MKM started tracking the stock with Buy rating on August 28, 2024, and set its price target to $10. On November 27, 2023, H.C. Wainwright initiated with a Buy rating and assigned a price target of $35 on the stock. Maxim Group started tracking the stock assigning a Buy rating and suggested a price target of $40 on September 12, 2023. The Benchmark Company initiated its recommendation with a Speculative Buy and recommended $10 as its price target on February 15, 2023.
For the past year, the stock price of Genelux Corp fluctuated between $1.60 and $13.22. Genelux Corp [NASDAQ: GNLX] shares were valued at $2.89 at the most recent close of the market.
Analyzing the GNLX fundamentals
Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -19.67%, Pretax Profit Margin comes in at -18.79%, and Net Profit Margin reading is -18.79%. To continue investigating profitability, this company’s Return on Assets is posted at -0.69, Equity is -1.05 and Total Capital is -0.83. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
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 2.59 points at the first support level, and at 2.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.30, and for the 2nd resistance point, it is at 3.71.
Ratios To Look Out For
It is important to note that Genelux Corp [NASDAQ:GNLX] has a current ratio of 6.47. Further, the Quick Ratio stands at 6.47, while the Cash Ratio is 1.1. Considering the valuation of this stock, the price to sales ratio is 9981.07, the price to book ratio is 3.02.
Transactions by insiders
Recent insider trading involved Tyree James L, Director, that happened on Dec 30 ’24 when 3460.0 shares were sold. Director, JAMES L TYREE completed a deal on Dec 30 ’24 to buy 3460.0 shares. Meanwhile, President and CEO Zindrick Thomas sold 14315.0 shares on Dec 16 ’24.
