Butterfly Network Inc (NYSE: BFLY) open the trading on Wednesday, with a bit cautious approach as it glided -3.46% to $0.94, before settling in for the price of $0.97 at the close. Taking a more long-term approach, BFLY posted a 52-week range of $0.67-$2.04.
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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 14.12%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 43.08%. This publicly-traded company’s shares outstanding now amounts to $181.22 million, simultaneously with a float of $150.02 million. The organization now has a market capitalization sitting at $199.14 million. At the time of writing, stock’s 50-day Moving Average stood at $1.0048, while the 200-day Moving Average is $1.0102.
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 29.43%, in contrast to 28.79% institutional ownership. According to the most recent insider trade that took place on Aug 07 ’24, this organization’s President & CEO bought 104,000 shares at the rate of 0.95, making the entire transaction reach 98,519 in total value, affecting insider ownership by 7,009,221. Preceding that transaction, on Jul 02 ’24, Company’s Chief Technology Officer sold 1,703 for 0.87, making the whole transaction’s value amount to 1,487. This particular insider is now the holder of 1,480,738 in total.
Butterfly Network Inc (BFLY) Earnings and Revenue Records
Butterfly Network Inc’s EPS increase for this current 12-month fiscal period is 43.08% and is forecasted to reach -0.40 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 3.09. The Stock has managed to achieve an average true range (ATR) of 0.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.80.
In the same vein, BFLY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.52, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.40 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 10.07% While, its Average True Range was 0.0906.
Raw Stochastic average of Butterfly Network Inc (BFLY) in the period of the previous 100 days is set at 38.87%, which indicates a major rise in contrast to 5.19% 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 94.94% that was higher than 82.24% volatility it exhibited in the past 100-days period.
