BioNexus Gene Lab (NASDAQ:BGLC) Shares Down 1.4% – Here’s What Happened

Posted by Donna Armstrong on Jun 11th, 2026

Shares of BioNexus Gene Lab Corp. (NASDAQ:BGLC – Get Free Report) traded down 1.4% during mid-day trading on Tuesday . The stock traded as low as $2.15 and last traded at $2.16. 6,790 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 30,130 shares. The stock had previously closed at $2.19.

BioNexus Gene Lab Stock Up 7.1%

The company has a market cap of $5.11 million, a price-to-earnings ratio of -1.43 and a beta of 4.06. The company has a current ratio of 6.53, a quick ratio of 5.69 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average price is $2.16 and its 200-day moving average price is $2.83.

BioNexus Gene Lab (NASDAQ:BGLC – Get Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.23) earnings per share (EPS) for the quarter. The firm had revenue of $0.02 million during the quarter. BioNexus Gene Lab had a negative net margin of 54.70% and a negative return on equity of 37.43%.

Hedge Funds Weigh In On BioNexus Gene Lab

A hedge fund recently raised its stake in BioNexus Gene Lab stock. DRW Securities LLC increased its stake in BioNexus Gene Lab Corp. (NASDAQ:BGLC – Free Report) by 226.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,830 shares of the company’s stock after purchasing an additional 33,179 shares during the period. DRW Securities LLC owned approximately 2.02% of BioNexus Gene Lab worth $189,000 as of its most recent filing with the Securities and Exchange Commission. 18.85% of the stock is owned by institutional investors.

About BioNexus Gene Lab

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BioNexus Gene Lab Corp., through its subsidiary, sells chemical raw material products in Malaysia, Indonesia, Vietnam, and other countries in Southeast Asia. The company offers chemical raw material products, which include Polyester Resin SHCP 268, a thixotropic, quick-curing unsaturated polyester resin suitable as a general-purpose resin; Polyester Resin 9509, a general-purpose material used in production of marine boats and water slides; and Polyester Resin 2802 used as a component in the pultrusion process by certain manufacturers.