SeqLL (NASDAQ:SQL) Shares Down 20.2%

SeqLL Inc. (NASDAQ:SQL)’s stock price traded down 20.2% on Monday . The company traded as low as $6.60 and last traded at $6.60. 22,000 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 52,119 shares. The stock had previously closed at $8.27.

SeqLL Price Performance

The stock has a 50 day moving average of $4.06 and a two-hundred day moving average of $6.84. The company has a debt-to-equity ratio of 0.50, a quick ratio of 5.04 and a current ratio of 5.04. The stock has a market cap of $2.51 million, a PE ratio of -0.40 and a beta of 1.34.

Institutional Investors Weigh In On SeqLL

An institutional investor recently bought a new position in SeqLL stock. Two Sigma Investments LP acquired a new stake in SeqLL Inc. (NASDAQ:SQL) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 77,405 shares of the company’s stock, valued at approximately $31,000. Two Sigma Investments LP owned 0.56% of SeqLL as of its most recent filing with the SEC. Hedge funds and other institutional investors own 1.82% of the company’s stock.

About SeqLL

SeqLL Inc operates as a life sciences instrumentation and research services company worldwide. It focus on development of scientific assets and novel intellectual property across multiple omics fields. The company's True Single Molecule Sequencing technology (tSMS) platform offers a single molecule solution for DNA and RNA sequencing through detection of nucleic acids to researchers for analyzing many billions of single molecules in a single experiment and generate accurate and reproducible data.