HTGMQ (HTG Molecular Diagnostics) 3-Year Share Buyback Ratio: 0.00% (As of Mar. 2023)

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HTGMQ HTG Molecular Diagnostics Inc HTGMQ
12 GF Score
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What is HTG Molecular Diagnostics 3-Year Share Buyback Ratio?

HTG Molecular Diagnostics HTGMQ 12 3-Year Share Buyback Ratio is 0.00 as of Mar. 2023. GuruFocus rates HTGMQ with a GF Score™ of 12/100.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. HTG Molecular Diagnostics's current 3-Year Share Buyback Ratio was 0.00%.

The historical rank and industry rank for HTG Molecular Diagnostics's 3-Year Share Buyback Ratio or its related term are showing as below:

During the past 11 years, HTG Molecular Diagnostics's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.

HTGMQ's 3-Year Share Buyback Ratio is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: -2.6
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

HTG Molecular Diagnostics (OTCPK:HTGMQ) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

HTG Molecular Diagnostics 3-Year Share Buyback Ratio Related Terms

HTGMQ vs ABMC, TMO, DHR: 3-Year Share Buyback Ratio Comparison

For the Diagnostics & Research subindustry, HTG Molecular Diagnostics's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HTG Molecular Diagnostics 3-Year Share Buyback Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, HTG Molecular Diagnostics's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where HTG Molecular Diagnostics's 3-Year Share Buyback Ratio falls into.


HTGMQ
12GF Score
HTG Molecular Diagnostics Inc HTGMQ
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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HTG Molecular Diagnostics 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Share Buyback Ratio of 0.00 mean?
HTG Molecular Diagnostics (HTGMQ) has a 3-Year Share Buyback Ratio of 0.00 as of Mar. 2023. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for HTG Molecular Diagnostics and its competitors.
Is HTG Molecular Diagnostics' 3-Year Share Buyback Ratio too high?
HTG Molecular Diagnostics' current 3-Year Share Buyback Ratio is 0.00. Overall, HTG Molecular Diagnostics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does HTG Molecular Diagnostics' 3-Year Share Buyback Ratio compare to ABMC and TMO?
HTG Molecular Diagnostics' 3-Year Share Buyback Ratio of 0.00 can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Medical Diagnostics & Research company?
A good 3-Year Share Buyback Ratio depends on the Medical Diagnostics & Research industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for HTG Molecular Diagnostics and its competitors. HTG Molecular Diagnostics's current 3-Year Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HTG Molecular Diagnostics stock overvalued right now?
HTG Molecular Diagnostics (HTGMQ) has a current 3-Year Share Buyback Ratio of 0.00. The current 3-Year Share Buyback Ratio is 0.00. HTG Molecular Diagnostics' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For HTG Molecular Diagnostics (HTGMQ), the current 3-Year Share Buyback Ratio is 0.00 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HTG Molecular Diagnostics Business Description

Address 3430 E. Global Loop, Tucson, AZ, USA, 85706
HTG Molecular Diagnostics Inc is a life science company whose mission is to advance precision medicine through its transcriptome-wide profiling and medicinal chemistry technologies. The company derives revenue from sales of its HTG EdgeSeq system and integrated next-generation sequencing-based HTG EdgeSeq research use only assays and from sample processing services performed in its VERI/O laboratory. The company operates in one segment and its customers and distributors are located in the United States and Europe.
12GF Score

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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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