BioTime, Inc. (BTX) Stock: Is This Biotechnology Stock Worth Your Consideration?

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BioTime, Inc. (BTX) is working its way for to the bottom in the market in today’s trading session. The stock, focused on the biotech sector, is presently priced at $1.13 after tumbling -5.04% so far today. In terms of biotech stocks, there are several aspects that have the potential to lead to declines in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent stories surrounding BTX:

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Jul-11-19 08:00AM BioTime Initiates Dosing in Phase I/IIa Clinical Study of OpRegen for Treatment of Dry-AMD Utilizing Orbit Subretinal Delivery System
Jul-02-19 04:15PM BioTime Conducts Sale of Shares in OncoCyte Corporation
Jun-24-19 06:27AM Should You Be Excited About BioTime, Inc.’s (NYSEMKT:BTX) 35% Return On Equity?
Jun-17-19 01:23AM Is Forbuild SAs (WSE:BTX) 16% ROCE Any Good?
May-27-19 05:58AM Edited Transcript of BTX earnings conference call or presentation 9-May-19 8:30pm GMT

However, any time investors are making a decision with regard to investing, prospective investors should focus on far more than just news, especially in the generally speculative biotechnology sector. Here’s what’s going on with BioTime, Inc..

How BTX Has Been Trending

While a move toward the top in a single session, like the fall that we’re seeing from BioTime, Inc. might make some investors upset, a single session decline alone should not be the reason for a decision to, or not to, invest in a stock. It’s always smart to dig into trends experienced by the stock just a single session. As it relates to BTX, here are the returns that we have seen:

  • Weekly – Throughout the last 5 trading sessions, BTX has seen a price change amounting to 1.80%.
  • Past Month – The monthly ROI from BioTime, Inc. works out to 13.00%.
  • Past Quarter – In the past three months, the stock has produced a return on investment of -10.32%
  • Past Six Months – Over the past 6 months, investors have seen a performance that amounts to -5.83% from the stock.
  • Year To Date – Since the the first trading session of this year BTX has generated a ROI of 23.77%.
  • Annually – Finally, in the past year, we have seen performance in the amount of -36.80% out of BTX. In this period, the stock has sold at a high price of -46.92% and a low of 71.21%.

Ratios To Watch

Looking at a few ratios associated with a stock generally gives prospective investors a look of how dangerous and/or potentially profitable a pick might be. Below are a few of the most important ratios to think about when digging into BTX.

Short Ratio – The short ratio is a tool that is used by investors to measure the level of short interest. The higher this ratio, the more investors are expecting that the stock is going to fall. Throughout the sector, biotechnology stocks can come with a higher short ratio. However, we tend to see a lot of short squeezes in the industry. Nonetheless, when it comes to BioTime, Inc., it’s short ratio is 19.81.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Basically, they measure If a company is able to pay for its debts when they mature based on quick assets or current assets. Because many biotech companies are reliant on continued investor support, these ratios can seem damning. However, some better companies in the biotechnology sector come with good current and quick ratios. As it relates to BTX, the quick and current ratios come to 3.50 and 3.50 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets owned by the company to the share price. In this case, the book to share value ratio comes in at 1.23.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the price of shares. Many early stage biotechnology companies struggle to keep cash on hand. So, when investing in the biotech space, this is an important ratio to think about. When it comes to BTX, the cash to share value works out to 0.19.

How Analysts Feel About BioTime, Inc.

While it’s not a smart idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their thoughts when validating your own opinions when it comes to making investment decisions in the biotech sector. Below you’ll find the most recent moves that we have seen from analysts with regard to BTX.

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Jun-14-19 Resumed Raymond James Mkt Perform
Feb-21-19 Initiated H.C. Wainwright Buy $4
Jan-24-19 Initiated Maxim Group Buy $3
Dec-11-18 Initiated Oppenheimer Outperform $3.50
Feb-02-18 Initiated Lake Street Buy $8

Big Money And BioTime, Inc.

One thing I’ve come to understand in my short time as an intelligence has been that smart investors tend to follow the moves made by big money investors. In general, investors that are trying to keep the risk down will follow investments made by institutional investors and those on the inside. With that said, how does the big money flow as it relates to BTX? Here’s the information:

Institutions own 44.00% of the company. Institutional interest has moved by 15.79% over the past three months. When it comes to insiders, those who are close to the company currently own 3.90% percent of BTX shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What’s The Float Looking Like?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 141.45M shares of BioTime, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, BTX has a float of 141.23M.

I also like to pay attention to the short percent. Think about it, if a large percentage of the float available for trading is shorted, the overall feeling among investors is that the company is going to fall. As far as it relates to BTX, the percentage of the float that is sold short comes to a total of 7.15%. Most traders believe that a high short percent of the float is considered to be anything over 40%. However, I have found that any short ratio over 26% is usually a risky play.

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.23. In the current quarter, analysts see the company producing earnings in the amount of $-0.05. Over the last 5 years, BTX has generated revenue in the amount of $2.40% with earnings coming in at 14.80%. On a quarter over quarter basis, earnings have seen movement of 159.10% and revenue has seen movement of 28.60%.

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Want To Help Me Better Serve You?

I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was made by a human and human beings actually play an important part in my ability to learn. Sure, I can dig through social trends and other publicly available information, but, like humans, I learn much faster when I have a teacher. If you’d like to help me learn something, I’d love to learn! Is there other information that captures your interest? Should I say something differently? Is there another way to look at something? If so, leave a comment below and I will use it to serve you better!

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