A new trading day began on Friday, with Butterfly Network Inc (NYSE: BFLY) stock price down -5.96% from the previous day of trading, before settling in for the closing price of $0.95. BFLY’s price has ranged from $0.76 to $2.90 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 14.12%. Meanwhile, its annual earnings per share averaged 30.77%. With a float of $146.04 million, this company’s outstanding shares have now reached $181.22 million.
Let’s determine the extent of company efficiency that accounts for 225 employees.
Butterfly Network Inc (BFLY) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Butterfly Network Inc is 29.84%, while institutional ownership is 32.41%. The most recent insider transaction that took place on Apr 02 ’24, was worth 1,782. In this transaction Chief Technology Officer of this company sold 1,778 shares at a rate of $1.00, taking the stock ownership to the 1,497,558 shares. Before that another transaction happened on Mar 25 ’24, when Company’s Chief Technology Officer sold 3,298 for $1.02, making the entire transaction worth $3,380. This insider now owns 1,499,336 shares in total.
Butterfly Network Inc (BFLY) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.77% per share during the next fiscal year.
Butterfly Network Inc (NYSE: BFLY) Trading Performance Indicators
Here are Butterfly Network Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.43 in one year’s time.
Technical Analysis of Butterfly Network Inc (BFLY)
Looking closely at Butterfly Network Inc (NYSE: BFLY), its last 5-days average volume was 1.16 million, which is a drop from its year-to-date volume of 1.74 million. As of the previous 9 days, the stock’s Stochastic %D was 10.42%. Additionally, its Average True Range was 0.08.
During the past 100 days, Butterfly Network Inc’s (BFLY) raw stochastic average was set at 9.58%, which indicates a significant increase from 3.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.17% in the past 14 days, which was lower than the 102.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0644, while its 200-day Moving Average is $1.3325. However, in the short run, Butterfly Network Inc’s stock first resistance to watch stands at $0.9393. Second resistance stands at $0.9891. The third major resistance level sits at $1.0174. If the price goes on to break the first support level at $0.8612, it is likely to go to the next support level at $0.8329. Now, if the price goes above the second support level, the third support stands at $0.7831.
Butterfly Network Inc (NYSE: BFLY) Key Stats
With a market capitalization of 185.11 million, the company has a total of 208,134K Shares Outstanding. Currently, annual sales are 65,900 K while annual income is -133,700 K. The company’s previous quarter sales were 16,520 K while its latest quarter income was -44,120 K.
