Genelux Corp [GNLX] stock prices are up 23.85% to $5.66 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GNLX shares have gain 45.13% over the last week, with a monthly amount glided 119.38%, 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.
The stock price of Genelux Corp [GNLX] has been fluctuating between $1.60 and $9.32 over the past year. Genelux Corp [NASDAQ: GNLX] shares were valued at $5.66 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 4.83 points at the first support level, and at 4.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.14, and for the 2nd resistance point, it is at 6.62.
Ratios To Look Out For
It’s worth pointing out that Genelux Corp [NASDAQ:GNLX]’s Current Ratio is 6.47. On the other hand, the Quick Ratio is 6.47, and the Cash Ratio is 1.1. Considering the valuation of this stock, the price to sales ratio is 19548.67, the price to book ratio is 5.91.
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.
