Fulgent Genetics Stock Price on November 23, 2020
| FLGT Stock | USD 20.11 0.02 0.1% |
Below is the normalized historical share price chart for Fulgent Genetics extending back to September 29, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fulgent Genetics stands at 20.11, as last reported on the 19th of April, with the highest price reaching 20.45 and the lowest price hitting 19.88 during the day.
If you're considering investing in Fulgent Stock, it is important to understand the factors that can impact its price. Fulgent Genetics secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Fulgent Genetics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fulgent Genetics' Mean Deviation of 1.7, variance of 5.22, and Standard Deviation of 2.28 to check the risk estimate we provide.
At this time, Fulgent Genetics' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.3 B in 2024, whereas Common Stock Total Equity is likely to drop 2,565 in 2024. . At this time, Fulgent Genetics' Price Earnings To Growth Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 33.48 in 2024, whereas Price Book Value Ratio is likely to drop 0.72 in 2024. Fulgent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of September 2016 | 200 Day MA 28.1279 | 50 Day MA 22.9393 | Beta 1.418 |
Fulgent |
Sharpe Ratio = -0.1749
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| Negative Returns | FLGT |
Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fulgent Genetics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fulgent Genetics by adding Fulgent Genetics to a well-diversified portfolio.
Price Book 0.5477 | Enterprise Value Ebitda (4.34) | Price Sales 2.1484 | Shares Float 19.9 M | Wall Street Target Price 26.67 |
Fulgent Genetics Valuation on November 23, 2020
It is possible to determine the worth of Fulgent Genetics on a given historical date. On November 23, 2020 Fulgent was worth 62.83 at the beginning of the trading date compared to the closed value of 62.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fulgent Genetics stock. Still, in general, we apply an absolute valuation method to find Fulgent Genetics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fulgent Genetics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fulgent Genetics' related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 62.83 | 63.89 | 62.00 | 62.75 | 222,800 |
| 62.33 | 63.00 | 61.00 | 61.19 | 242,600 |
| Backtest Fulgent Genetics | | | Fulgent Genetics History | | | Fulgent Genetics Valuation | Next |
Fulgent Genetics Trading Date Momentum on November 23, 2020
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Fulgent Genetics Fundamentals Correlations and Trends
By evaluating Fulgent Genetics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fulgent Genetics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fulgent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fulgent Genetics Stock history
Fulgent Genetics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fulgent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fulgent Genetics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fulgent Genetics stock prices may prove useful in developing a viable investing in Fulgent Genetics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 29.8 M | 23.5 M | |
| Net Income Applicable To Common Shares | 164.9 M | 101.5 M |
Fulgent Genetics Quarterly Net Working Capital |
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Fulgent Genetics Stock Technical Analysis
Fulgent Genetics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Fulgent Genetics Period Price Range
Low | April 4, 2022
| High |
62.83 | 62.75 |
Fulgent Genetics April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Fulgent Genetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fulgent Genetics shares will generate the highest return on investment. By undertsting and applying Fulgent Genetics stock market strength indicators, traders can identify Fulgent Genetics entry and exit signals to maximize returns
| Accumulation Distribution | 6590.89 | |||
| Daily Balance Of Power | (0.04) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 62.95 | |||
| Day Typical Price | 62.88 | |||
| Price Action Indicator | (0.23) | |||
| Period Momentum Indicator | (42.64) |
Fulgent Genetics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fulgent Genetics' price direction in advance. Along with the technical and fundamental analysis of Fulgent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fulgent to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.27) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fulgent Genetics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.Note that the Fulgent Genetics information on this page should be used as a complementary analysis to other Fulgent Genetics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Fulgent Stock analysis
When running Fulgent Genetics' price analysis, check to measure Fulgent Genetics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fulgent Genetics is operating at the current time. Most of Fulgent Genetics' value examination focuses on studying past and present price action to predict the probability of Fulgent Genetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulgent Genetics' price. Additionally, you may evaluate how the addition of Fulgent Genetics to your portfolios can decrease your overall portfolio volatility.
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Is Fulgent Genetics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fulgent Genetics. If investors know Fulgent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fulgent Genetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (5.63) | Revenue Per Share 9.71 | Quarterly Revenue Growth 0.041 | Return On Assets (0.03) |
The market value of Fulgent Genetics is measured differently than its book value, which is the value of Fulgent that is recorded on the company's balance sheet. Investors also form their own opinion of Fulgent Genetics' value that differs from its market value or its book value, called intrinsic value, which is Fulgent Genetics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fulgent Genetics' market value can be influenced by many factors that don't directly affect Fulgent Genetics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fulgent Genetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fulgent Genetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fulgent Genetics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.