Butterfly Network Inc. (NYSE: BFLY) open the trading on March 16, 2023, with great promise as it jumped 3.14% to $1.97. During the day, the stock rose to $1.9899 and sunk to $1.84 before settling in for the price of $1.91 at the close. Taking a more long-term approach, BFLY posted a 52-week range of $1.82-$8.72.
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Nevertheless, stock’s Earnings Per Share (EPS) this year is 92.80%. This publicly-traded company’s shares outstanding now amounts to $200.17 million, simultaneously with a float of $154.75 million. The organization now has a market capitalization sitting at $406.41 million. At the time of writing, stock’s 50-day Moving Average stood at $2.4386, while the 200-day Moving Average is $3.8017.
It is quite necessary to find out the efficiency of the corporate organization, which has 463 number of employees on its payroll. For the Profitability, stocks gross margin was +53.77, operating margin was -260.60 and Pretax Margin of -229.84.
Butterfly Network Inc. (BFLY) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Medical Devices industry. Butterfly Network Inc.’s current insider ownership accounts for 2.50%, in contrast to 51.80% institutional ownership. According to the most recent insider trade that took place on Mar 06, this organization’s Chief Technology Officer sold 31,965 shares at the rate of 2.25, making the entire transaction reach 71,892 in total value, affecting insider ownership by 1,113,584. Preceding that transaction, on Feb 13, Company’s Chief Medical Officer sold 4,841 for 2.41, making the whole transaction’s value amount to 11,684. This particular insider is now the holder of 286,516 in total.
Butterfly Network Inc. (BFLY) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2022 suggests? It has posted -$0.27 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at -$0.24) by -$0.03. This company achieved a net margin of -229.90 while generating a return on equity of -43.65. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.
Butterfly Network Inc.’s EPS increase for this current 12-month fiscal period is 92.80% and is forecasted to reach -0.62 in the upcoming year.
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 6.90. The Stock has managed to achieve an average true range (ATR) of 0.17. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.54.
In the same vein, BFLY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.84, a figure that is expected to reach -0.17 in the next quarter, and analysts are predicting that it will be -0.62 at the market close of one year from today.
Technical Analysis of Butterfly Network Inc. (BFLY)
[Butterfly Network Inc., BFLY] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 21.64% While, its Average True Range was 0.1586.
Raw Stochastic average of Butterfly Network Inc. (BFLY) in the period of the previous 100 days is set at 4.53%, which indicates a major fall in contrast to 20.00% 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 82.74% that was higher than 81.71% volatility it exhibited in the past 100-days period.