Witnessing the stock’s movement on the chart, on July 13, 2021, Butterfly Network Inc. (NYSE: BFLY) had a quiet start as it plunged -6.25% to $11.70. During the day, the stock rose to $12.45 and sunk to $11.68 before settling in for the price of $12.48 at the close. Taking a more long-term approach, BFLY posted a 52-week range of $9.20-$29.13. This publicly-traded company’s shares outstanding now amounts to $105.92 million. The organization now has a market capitalization sitting at $2.22 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.62, while the 200-day Moving Average is $15.07.
Butterfly Network Inc. (BFLY) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Devices industry. Butterfly Network Inc.’s current insider ownership accounts for 3.00%, in contrast to 39.30% institutional ownership. According to the most recent insider trade that took place on Jun 08, this organization’s Chief Operating Officer sold 151,417 shares at the rate of 14.00, making the entire transaction reach 2,119,838 in total value, affecting insider ownership by 0. Preceding that transaction, on May 27, Company’s Director bought 39,905 for 11.10, making the whole transaction’s value amount to 442,798. This particular insider is now the holder of 4,964,751 in total.
Butterfly Network Inc. (NYSE: BFLY) Trading Performance Indicators
Let’s observe the current performance indicators for Butterfly Network Inc. (BFLY). It’s Quick Ratio in the last reported quarter now stands at 10.90. The Stock has managed to achieve an average true range (ATR) of 0.86. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 178.66.
In the same vein, BFLY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.64, a figure that is expected to reach -0.24 in the next quarter, and analysts are predicting that it will be -0.72 at the market close of one year from today.
Technical Analysis of Butterfly Network Inc. (BFLY)
Going through the that latest performance of [Butterfly Network Inc., BFLY]. Its last 5-days volume of 2.17 million was inferior to the volume of 3.1 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 20.11% While, its Average True Range was 0.82.
Raw Stochastic average of Butterfly Network Inc. (BFLY) in the period of the previous 100 days is set at 12.67%, which indicates a major rise in contrast to 0.66% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 60.07% that was lower than 69.55% volatility it exhibited in the past 100-days period.