BioNTech SE (NASDAQ:BNTX) traded with a subtraction of -$5.86 to close at $147.25 on Friday, a downside of -3.83 percent. An average of 829,404 shares of common stock have been traded in the last five days. There was a fall of -$33.31 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,021,251 shares traded, while the 50-day average volume stands at 1,000,536.
BNTX stock has decreased by -6.42% in the last month. The company shares reached their 1-month lowest point of $146.00 on 12/30/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $117.08 and a high of $260.46 in 52 weeks. It has reached a new high 1 time so far this year and lost -39.81% or -$111.23 in price. In spite of this, the price is down -43.47% from the 52-week high.
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BioNTech SE (BNTX) has a trailing price-to-earnings (P/E) ratio of 3.54. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.93, the price-to-book (PB) ratio at 1.89, and the price-to-cash flow ratio at 2.91.
The quick ratio of BioNTech SE for the three months ended September 29 was 5.30, and the current ratio was 5.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.01 and a total debt to equity ratio of 0.01 for the quarter ending September 29. Its gross profit as reported stood at $19.01 billion compared to revenue of $22.45 billion.
For the three-month period that ended September 29, BioNTech SE had $0.45 million in cash and short-term investments compared to $14.34 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $11.53 billion in the quarter, while revenues were grew 99.85%. The analyst consensus anticipated BioNTech SE’s latest quarter earnings to come in at $4.79 per share, but it turned out to be $7.42, a 54.90% surprise. For the quarter, EBITDA amounted to $2.43 billion.
From a technical analysis perspective, let’s take a brief look at BioNTech SE (BNTX) price momentum. RSI 9-day as of the close on 29 December was 29.87%, suggesting the stock is oversold, with historical volatility in this time frame at 60.59%.
As of today, BNTX’s price is $157.44 -18.52% or -$33.31 from its 5-day moving average. BNTX is currently trading -13.51% lower than its 20-day SMA and -6.77% lower than its 100-day SMA. However, the stock’s current price level is +19.49% above the SMA50 and -10.58% below the SMA200.
The stochastic %K and %D were 2.14% and 20.60%, respectively, and the average true range (ATR) was 8.41. With the 14-day stochastic at 1.33% and the average true range at 8.17, the RSI (14) stands at 36.81%. The stock has reached -14.71 on the 9-day MACD Oscillator while the 14-day reading was at -19.16.
BofA Securities upgraded BioNTech SE (NASDAQ: BNTX) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for BioNTech SE (BNTX) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BNTX, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 7 others rate it as a “buy”.
What is BNTX’s price target for the next 12 months?
Analysts predict a range of price targets between $142.84 and $312.02, with a median target of $199.38. Taking a look at these predictions, the average price target given by analysts for BioNTech SE (BNTX) stock is $205.06.