Is BNGO a buy Zacks?

Is BNGO a buy Zacks?

See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

Similarly, Does ARKG hold BNGO?

Does ARK Invest in BNGO: The Bottom Line. At this time, ARK does not invest in BNGO. With that said, the company does appear to have some promise in its own right. Like all speculative small-cap companies, Bionano Genomics is a risky stock to own.

Is BNGO a pump and dump? BNGO stock has suffered at the hands of a Ritalin-using pump and dump scheme making waves in 2021.

Thereof, What is BNGO target price?

The 4 analysts offering 12-month price forecasts for Bionano Genomics Inc have a median target of 7.50, with a high estimate of 14.00 and a low estimate of 6.00. The median estimate represents a +258.85% increase from the last price of 2.09.

What does BNGO company do?

Company Description

The firm engages in the development and marketing of 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 cytogenetics.

Who owns Bionano genomics?

Top 10 Owners of Bionano Genomics Inc

Stockholder Stake Shares owned
BlackRock Fund Advisors 5.74% 16,609,007
The Vanguard Group, Inc. 4.86% 14,064,639
SSgA Funds Management, Inc. 2.49% 7,198,880
Geode Capital Management LLC 1.63% 4,714,883

What ETF is BNGO in?

ETF.com Insight

The largest ETF holder of BNGO is the iShares Russell 2000 ETF (IWM), with approximately 6.52M shares.

Will BNGO get FDA approval?

The Food and Drug Administration has not yet approved the device for use as a medical diagnostic tool in the U.S. However, healthcare entities can still use it for research purposes. The lack of FDA approval has also not hindered sales of the Saphyr in other countries.

How high does IDEX go?

IDEX stock hit a 2022 high of $1.44 in early January and a low of $0.87 later in the same month. In 2021 its stock price ranged from 88 cents to $5.53. In an interview with Capital.com, Vinod Jain, senior analyst at Aite-Novarica Group, said “the stock could see more volatility due to its current price point”.

Where is BNGO based?

The company was founded in 2003 and is headquartered in San Diego, California.

What sector is Bionano Genomics in?

Bionano Genomics, Inc. is a life sciences instrumentation company, which focuses on the genome analysis space.

Is BNGO expected to rise?

Bionano Genomics Inc (NASDAQ:BNGO)

The 4 analysts offering 12-month price forecasts for Bionano Genomics Inc have a median target of 7.50, with a high estimate of 14.00 and a low estimate of 6.00. The median estimate represents a +253.77% increase from the last price of 2.12.

What does Bionano genomics do?

Bionano Genomics, Inc. provides a platform to analyze the long segments of genomic DNA and other biomolecules structural variations. The Company offers proprietary nanochannel chips, automated imaging instrument, integrated primary and secondary software, and application specific reagents.

How many shares are there of BNGO?

BioNano Genomics Inc (US:BNGO) has 292 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 83,218,166 shares.

What institutions are buying NIO?

Largest shareholders include Baillie Gifford & Co, BlackRock Inc., Vanguard Group Inc, State Street Corp, VWIGX – Vanguard International Growth Fund Investor Shares, Susquehanna International Group, Llp, Goldman Sachs Group Inc, Citadel Advisors Llc, VEIEX – Vanguard Emerging Markets Stock Index Fund Investor Shares, …

What institutions are buying BNGO?

Bionano Genomics (NASDAQ:BNGO) Institutional Buying and Selling

Reporting Date Hedge Fund Ownership in Company
2/14/2022 Nuveen Asset Management LLC 0.357%
2/14/2022 Barclays PLC 0.123%
2/14/2022 GSA Capital Partners LLP 0.019%
2/14/2022 Mutual Advisors LLC 0.017%

Why does Bionano have tremendous potential?

The Bottom Line on BNGO Stock

Saphyr allows diseases to be more effectively researched than competing products. And, it is tremendously cheaper than other genomic-mapping tools. But it could also more successfully determine patients more susceptible to severe cases of viruses. These viruses include Covid-19.

What is a Bionano chip?

Built using proprietary Nanochannel technology, Bionano Chips for the Saphyr® and Irys® systems linearize DNA, enabling high-speed, high-throughput optical genome mapping and structural variation detection for a variety of applications including human and clinical research.

Is Ideanomics a Chinese company?

IDEX Stock and the Chinese EV Business

But it’s important to remember what Ideanomics’ Chinese EV business is at the moment. It’s a reseller. It buys vehicles in bulk and sells them individually, earning a spread in the process.

Is IDEX undervalued?

PB vs Industry: IEX is overvalued based on its PB Ratio (5.3x) compared to the US Machinery industry average (2.4x).

Is IDEX a buy or sell?

A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80).

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

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