Illumina Inc. (ILMN) Dips 3.49% for January 03

Equities Staff  |

Among the S&P 500’s biggest fallers on Thursday January 03 was Illumina Inc. (ILMN). The stock experienced a 3.49% decline to $284.24 with 1.22 million shares changing hands.

Illumina Inc. started at an opening price of 298.69 and hit a high of $298.69 and a low of $283.79. Ultimately, the stock took a hit and finished the day at $10.28 per share. Illumina Inc. trades an average of n/a shares a day out of a total 147 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Illumina Inc. hit a high of $372.61 and a low of $207.51 over the last year.

Illumina is a major player in life science tools for analyzing genetic material. Revenue from microarray and genome sequencing machines and disposables make up most of the company's revenue, but approximately 18% of the company's sales come from testing services. Essentially all of Illumina's growth stems from the company's genome sequencing products, which include the company's high-throughput NovaSeq and HiSeq instruments in addition to its benchtop NextSeq, MiSeq, and MiniSeq, and iSeq product lines.

With its headquarters located in San Diego, CA, Illumina Inc. employs 6,200 people. After today’s trading, the company’s market cap has fallen to $41.78 billionAs for its value, has a P/E ratio of <64.6, a P/S of 13.35, a P/B of 11.93, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Illumina Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ILMN’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

Stock price data is provided by IEX Cloud on a 15-minute delayed basis. Chart price data is provided by TradingView on a 15-minute delayed basis.

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