Bioceres Crop Solutions Corp. (BIOX) Stock: A Good Pick In The Biotechnology Industry?

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Bioceres Crop Solutions Corp. (BIOX) is making a move up in the market in today’s trading session. The stock, one that is focused in the biotech space, is presently trading at $7.40 after a move up of 10.45% so far today. When it comes to biotech companies, there are several aspects that have the ability to generate price movement in the market. News is one of the most common reasons for movement. Here are the most recent stories relating to BIOX:

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Aug-09-19 11:27AM Arcadia Biosciences’ stock rockets on heavy volume after USDA approval of drought-tolerant soybeans
Aug-08-19 08:30PM Verdeca Receives USDA Approval of HB4® Drought Tolerant Soybeans
08:00PM Verdeca Receives USDA Approval of HB4® Drought Tolerant Soybeans
Jul-31-19 12:55PM We Think Bioceres Crop Solutions (NYSEMKT:BIOX) Is Taking Some Risk With Its Debt
May-23-19 08:13AM Bioceres Crop Solutions Corp. Reports Third Quarter Financial Results and Announces Debt Restructuring Agreements

However, any time investors are making a decision to invest, investors should look into far more than just news, especially in the highly speculative biotechnology sector. Here’s what’s going on with Bioceres Crop Solutions Corp..

Recent Moves From BIOX

Although a move toward the top in a single session, like what we’re seeing from Bioceres Crop Solutions Corp. may cause excitement in some investors, that alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It is generally smart to dig into trends experienced by the stock beyond a single session. As it relates to BIOX, below are the returns on investment that we have seen:

  • Weekly – Over the past 5 trading sessions, BIOX has produced a price change amounting to 11.30%.
  • Past Month – The return on investment from Bioceres Crop Solutions Corp. in the last 30 days comes to 22.15%.
  • Quarterly – Throughout the last three months, the stock has generated a return on investment that works out to 39.58%
  • Bi-Annually – Over the last 6 months, investors have seen a change of -33.47% from the company.
  • This Year So Far – Since the the first trading session of this year BIOX has resulted in a return on investment of -33.47%.
  • Annually – Finally, in the past year, we have seen a change that works out to 0 out of BIOX. Over this period, the stock has traded at a high price of -30.71% and a low price of 84.54%.

Key Ratios

Digging into a few key ratios associated with a company can provide prospective investors a view of how dangerous and/or rewarding a stock pick might be. Here are a few of the most important ratios to think about when looking at BIOX.

Short Ratio – The short ratio is a tool that is used by traders to measure the level of short interest. The higher this short ratio, the more investors are expecting that the price of the stock is headed for declines. Across the sector, biotech stocks can have a higher short ratio. However, we tend to see quite a few short squeezes in the industry. Nonetheless, with regard to Bioceres Crop Solutions Corp., the stock’s short ratio clocks in at 0.11.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Basically, they measure If a company is able to cover its debts when they come due with only quick assets or current assets. Because many biotech companies are reliant on continued support from investors, the quick and current ratios can seem upsetting. However, several better companies in the biotech industry come with great quick and current ratios. In terms of BIOX, the quick and current ratios add up to 5.00 and 5.00 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets owned by the company to the share price of the stock. In this case, the book to share value ratio equates to 35.90.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the price of the company’s stock. Several clinical stage biotech companies have a hard time keeping cash on hand. So, when investing in the biotech industry, this is an important ratio to look into. As it relates to BIOX, the cash to share value ratio is 0.01.

What Analysts Say About Bioceres Crop Solutions Corp.

While it’s not a smart idea to blindly follow the thoughts of analysts, it is a good idea to use their thoughts when validating your own opinions when it comes to making an investment decision in the biotechnology space. Here are the most recent moves that we have seen from analysts as it relates to BIOX.

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What Are Big Money Players Doing With Bioceres Crop Solutions Corp.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in BIOX, here’s what we’re seeing:

Institutions own 3.10% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 72.76% percent of BIOX shares. Institutions have seen ownership changes of an accumulative 0 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 35.46M shares of Bioceres Crop Solutions Corp. 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, BIOX has a float of 11.95M.

It’s also important to dig into the short percent. After all, if a large percentage of the float available for trading is shorted, the overall feeling in the market is that the company is going to lose value. In regard to BIOX, the percentage of the float that is currently being sold short sits at 0.03%. In general, concerning short percent of the float would be any percentage over 40%. Through my work, I have calculated that a short ratio over 26% is usually a risky play.

What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, BIOX has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of -10.60%.

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