According to Zacks, “Twist Bioscience Corporation operates as a biotechnology company. It offers synthetic DNA-based products, including synthetic genes, tools for sample preparation, antibody libraries for drug discovery and development and DNA as a digital data storage medium. Twist Bioscience Corporation is headquartered in San Francisco, California. “
NASDAQ:TWST traded up $0.06 during trading hours on Wednesday, hitting $21.87. The company’s stock had a trading volume of 33,920 shares, compared to its average volume of 103,332. The company has a quick ratio of 7.43, a current ratio of 7.72 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $610.51 million and a PE ratio of -0.83. Twist Bioscience has a twelve month low of $12.38 and a twelve month high of $34.46.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Citigroup Inc. purchased a new stake in Twist Bioscience during the 4th quarter valued at $31,000. American International Group Inc. purchased a new position in shares of Twist Bioscience during the fourth quarter valued at about $77,000. Deutsche Bank AG purchased a new position in Twist Bioscience in the fourth quarter worth about $151,000. Brandywine Managers LLC purchased a new position in shares of Twist Bioscience during the fourth quarter valued at approximately $462,000. Finally, Asymmetry Capital Management L.P. purchased a new position in shares of Twist Bioscience during the first quarter valued at approximately $550,000. 22.74% of the stock is owned by institutional investors and hedge funds.
Twist Bioscience Company Profile
Twist Bioscience Corporation, a synthetic biology company, manufactures and sells synthetic DNA-based products. The company's DNA synthesis platform enables the manufacturing of synthetic DNA by writing DNA on a silicon chip. It offers synthetic DNA-based products, including synthetic genes, tools for sample preparation, antibody libraries for drug discovery and development, and DNA as a digital data storage medium.
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