Home Top Movers Could now be the time to buy beat-down BIOLASE Inc. (BIOL) shares?...

Could now be the time to buy beat-down BIOLASE Inc. (BIOL) shares? Here is the INSIGHT

The stock of BIOLASE Inc. (BIOL) is trading down-7.00% to $1.4000. It has been trading 14.75% below its three-month high price recently. Another look at the chart shows it trading +395.08% above its three-month low. BIOL is trading -14.75% below its 52-week high and 548.66% above its 52-week low price based on a more comprehensive view.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.  

Recent Update


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


For its fourth quarter ended December 31, BIOLASE, Inc. (NASDAQ: BIOL) reported unaudited preliminary revenue results. It also announced that it currently has about $25 million in cash and can execute its revenue growth strategy with that cash on hand.

Read More

Earnings Highlights:

Sales are expected to reach between $8.2 million and $8.6 million, representing a sequential growth rate of 26-31%. Despite COVID-19 headwinds, U.S. revenue exceeded the previous-year fourth quarter. The number of new users continued its upward trend. Over 40% of sales came from a specialist, a significant increase compared to prior periods. In the US, Waterlase iPlus’s ASPs have increased by 22% compared to the previous year. In the fourth quarter, BIOLASE technology was acquired by four different DSOs.

Company management expects to provide its final financial results for its fourth quarter and full-year 2020 in March.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.  

Institutional Ownership

Suppose we take a glance at the Ownership summary of BIOLASE Inc.’s stock. With 5.17 million shares, Oracle Investment Management, Inc. was the top institutional holder of BIOLASE Inc. (BIOL). With 2.68 million shares, Archon Capital Management LLC is the next largest fund holder of this company’s stock. Perkins Capital Management, Inc. has 1.32 million shares and is ranked third.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Onesmart International Education Group Ltd. (ONE) stock surges during current market. What’s driving it high?

Onesmart International Education Group Ltd. (NASDAQ: ONE) stock gains by 111.86% in the current market trading session. OneSmart International Education is a major Chinese...

LivePerson Inc. (LPSN) stock plunge during pre-market. What’s driving it low?

LivePerson Inc. (NASDAQ: LPSN) stock gained by 0.86% at last close whereas the LPSN stock declines by 9.39% in the pre-market trading session. Through...

The Clorox Company Ltd. (CLX) stock decline during pre-market. Here’s the recent update

The Clorox Company Ltd. (NASDAQ: CLX) stock gained by 0.17% at last close whereas the CLX stock price fell by 11.59% in the pre-market....

IT Tech Packaging Inc. (ITP) stock gains during pre-market. Here’s what’s happening?

IT Tech Packaging Inc. (NASDAQ: ITP) stock gained by 7.53% at last close while the ITP stock price rises by 2.04% in the pre-market...

Why did The9 Limited (NCTY) stock turnaround in the after-hours on Friday?

The9 Limited (NCTY) shares gained 6.87% in after-hours on Friday, July 30, 2021, and closed the weekly trading at $11.98 per share. in the...

Why did Etsy Inc. (ETSY) shares decline in the after-markets on Wednesday?

Etsy Inc. (ETSY) shares declined 13.81% in after-hours on Wednesday, August 04, 2021, and closed the daily trading at $174.20 per share. In the...

Here is why MicroVision Inc. (MVIS) stock surged in the after-hours on Wednesday?

MicroVision Inc. (MVIS) shares surged 14.98% in after-hours on Wednesday, August 04, 2021, and closed the daily trading at $14.05 per share. In the...

Onesmart International Education Group Ltd. (ONE) stock surges during current market. What’s driving it high?

Onesmart International Education Group Ltd. (NASDAQ: ONE) stock gains by 111.86% in the current market trading session. OneSmart International Education is a major Chinese...

Related News

Why did Scopus BioPharma Inc. (SCPS) stock couldn’t keep its positivity in the after-hours on Wednesday?

Scopus BioPharma Inc. (SCPS) shares plunged 8.40% in after-hours on Wednesday, August 04, 2021, and closed the daily trading at $5.56 per share. earlier...

Why did Etsy Inc. (ETSY) shares decline in the after-markets on Wednesday?

Etsy Inc. (ETSY) shares declined 13.81% in after-hours on Wednesday, August 04, 2021, and closed the daily trading at $174.20 per share. In the...

Here is why MicroVision Inc. (MVIS) stock surged in the after-hours on Wednesday?

MicroVision Inc. (MVIS) shares surged 14.98% in after-hours on Wednesday, August 04, 2021, and closed the daily trading at $14.05 per share. In the...

Here is why Activision Blizzard Inc. (ATVI) stock turnaround in the after-hours on Tuesday?

Activision Blizzard Inc. (ATVI) shares gained 6.10% in after-hours on Tuesday, August 03, 2021, and closed the daily trading at $84.70 per share. Earlier...

Lixte Biotechnology Holdings Inc. (LIXT) stock surge during current market. Here’s the recent news

Lixte Biotechnology Holdings Inc. (NASDAQ: LIXT) stock gains by 32.32% in the current market trading session. Lixte Biotechnology Holdings is a clinical-stage pharmaceutical business...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam