BNOX’s price-to-sales ratio: A comparative analysis with its peers

Currently, Bionomics Ltd. ADR’s (BNOX) stock is trading at $1.04, marking a fall of -0.13% from last night’s close. At this price, the stock is -83.78% below its 52-week high of $6.41 and 19.54% above its 52-week low of $0.87. Based on the past 30-day period, the stock price is -20.61% below the high and +4.41% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, BNOX’s SMA-200 is $1.8340.

As well, it is important to consider BNOX stock ratios such as price-to-sales, which is currently 1111.76.BNOX’s price to book ratio for the most recent quarter was 0.56, resulting in an 1.10 price to cash per share for the period.

How does Bionomics Ltd. ADR (BNOX) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 3 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 5.00 in simple terms.

Bionomics Ltd. ADR (NASDAQ: BNOX) Ownership Details

I will give a breakdown of the key shareholders in Bionomics Ltd. ADR (BNOX). Recent figures show that the company’s insiders hold 0.00% of shares. A total of 11 institutional investors hold shares in the company, making 21.67% of its stock and 21.67% of its float.

Dec 30, 2023, it was reported that the Company’s largest institutional holder is Lynx1 Capital Management Lp holding total of 0.82 million shares that make 10.10% of the company’s total number of shares and are currently priced at 0.86 million.

The securities firm Point72 Asset Management, L.P. holds 0.33 million shares of BNOX, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 4.06%, and the holding percentage of shares is valued at 0.34 million.

An overview of Bionomics Ltd. ADR’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Bionomics Ltd. ADR (BNOX) traded 157,314 shares per day, with a moving average of $1.1276 and price change of -0.1100. With the moving average of $1.0837 and a price change of -0.2000, about 216,490 shares changed hands on average over the past 50 days. Finally, BNOX’s 100-day average volume is 214,660 shares, alongside a moving average of $1.3756 and a price change of -1.5800.

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