How to buy NanoString Technologies stock | $46.52

NanoString Technologies Inc is a medical instruments & supplies business based in the US. NanoString Technologies shares (NSTG) are listed on the NASDAQ and all prices are listed in US Dollars. NanoString Technologies employs 579 staff and has a trailing 12-month revenue of around 0.00.

NanoString Technologies stock price (NASDAQ: NSTG)

Use our graph to track the performance of NSTG stocks over time.

NanoString Technologies shares at a glance

• Key figures

Information last updated 2021-10-24.

Latest market close	$46.52
52-week range	$34.80 - $86.42
50-day moving average	$49.67
200-day moving average	$58.51
Wall St. target price	$75.20
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-2.31

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Is it a good time to buy NanoString Technologies stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

NanoString Technologies price performance over time

Historical closes compared with the close of $46.52 from 2021-10-25

1 week (2021-10-20)	2.44%
1 month (2021-09-27)	-4.38%
3 months (2021-07-27)	-22.17%
6 months (2021-04-27)	-41.86%

1 year (2020-10-26)	29.55%
2 years (2019-10-25)	105.57%
3 years (2018-10-26)	219.73%
5 years (2016-10-26)	132.02%

NanoString Technologies financials

Revenue TTM	$133.6 million
Gross profit TTM	$64.9 million
Return on assets TTM	-12.82%
Return on equity TTM	-59.24%
Profit margin	-74.15%
Book value	$4.83
Market capitalisation	$2.1 billion

TTM: trailing 12 months

Shorting NanoString Technologies shares

There are currently 3.6 million NanoString Technologies shares held short by investors – that's known as NanoString Technologies's "short interest". This figure is 7.7% down from 3.9 million last month.

There are a few different ways that this level of interest in shorting NanoString Technologies shares can be evaluated.

NanoString Technologies's "short interest ratio" (SIR)

NanoString Technologies's "short interest ratio" (SIR) is the quantity of NanoString Technologies shares currently shorted divided by the average quantity of NanoString Technologies shares traded daily (recently around 428911.51079137). NanoString Technologies's SIR currently stands at 8.34. In other words for every 100,000 NanoString Technologies shares traded daily on the market, roughly 8340 shares are currently held short.

However NanoString Technologies's short interest can also be evaluated against the total number of NanoString Technologies shares, or, against the total number of tradable NanoString Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NanoString Technologies's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 NanoString Technologies shares in existence, roughly 80 shares are currently held short) or 0.0928% of the tradable shares (for every 100,000 tradable NanoString Technologies shares, roughly 93 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against NanoString Technologies.

Find out more about how you can short NanoString Technologies stock.

NanoString Technologies share dividends

We're not expecting NanoString Technologies to pay a dividend over the next 12 months.

NanoString Technologies share price volatility

Over the last 12 months, NanoString Technologies's shares have ranged in value from as little as $34.8 up to $86.42. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NanoString Technologies's is 1.7767. This would suggest that NanoString Technologies's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

NanoString Technologies overview

NanoString Technologies, Inc. develops, manufactures, and sells tools for scientific and clinical research in the fields of genomics and proteomics in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers nCounter Analysis System, an automated, multi-application, digital detection, and counting system. It provides nCounter MAX and FLEX systems that include Prep Station, an automated liquid handling component that processes and prepares samples for data collection; and nCounter Digital Analyzer, which collects data from samples by taking images of the immobilized fluorescent reporters in the sample cartridge and processing the data into output files. The company also offers nCounter SPRINT Profiler, an instrument that provides liquid handling steps and the digital analysis through use of a microfluidic cartridge; and nSolver Analysis Software, a data analysis program that enables researchers to check, normalize, and analyze their data. In addition, it provides custom CodeSets; panels with oncology, immunology and infectious disease, and neuroscience applications. Further, the company offers nCounter based reagents that allow users to design customized assays; Master Kits, such as ancillary reagents and plasticware to setup and process samples in the nCounter Prep Station and nCounter Digital Analyzer; and Prosigna molecular diagnostic test kits.

Frequently asked questions

What percentage of NanoString Technologies is owned by insiders or institutions?
Currently 1.837% of NanoString Technologies shares are held by insiders and 109.15% by institutions. How many people work for NanoString Technologies?
Latest data suggests 579 work at NanoString Technologies. When does the fiscal year end for NanoString Technologies?
NanoString Technologies's fiscal year ends in December. Where is NanoString Technologies based?
NanoString Technologies's address is: 530 Fairview Avenue North, Seattle, WA, United States, 98109 What is NanoString Technologies's ISIN number?
NanoString Technologies's international securities identification number is: US63009R1095 What is NanoString Technologies's CUSIP number?
NanoString Technologies's Committee on Uniform Securities Identification Procedures number is: 63009R109