As on Wednesday, Butterfly Network Inc (NYSE: BFLY) started slowly as it slid -3.16% to $1.84, before settling in for the price of $1.90 at the close. Taking a more long-term approach, BFLY posted a 52-week range of $0.67-$2.20.
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The Healthcare sector firm’s twelve-monthly sales growth has been 14.12% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 49.74%. This publicly-traded company’s shares outstanding now amounts to $181.22 million, simultaneously with a float of $149.83 million. The organization now has a market capitalization sitting at $391.14 million. At the time of writing, stock’s 50-day Moving Average stood at $1.6406, while the 200-day Moving Average is $1.1643.
Butterfly Network Inc (BFLY) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Medical Devices industry. Butterfly Network Inc’s current insider ownership accounts for 29.52%, in contrast to 28.24% institutional ownership. According to the most recent insider trade that took place on Oct 01 ’24, this organization’s Chief Technology Officer sold 1,696 shares at the rate of 1.79, making the entire transaction reach 3,034 in total value, affecting insider ownership by 1,465,534.
Butterfly Network Inc (BFLY) Earnings and Revenue Records
Butterfly Network Inc’s EPS increase for this current 12-month fiscal period is 49.74% and is forecasted to reach -0.35 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 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.50.
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 -0.08 in the next quarter, and analysts are predicting that it will be -0.35 at the market close of one year from today.
Technical Analysis of Butterfly Network Inc (BFLY)
Through scrutinizing the latest numbers posted by the [Butterfly Network Inc, BFLY], it can be observed that its last 5-days Average volume of 2.07 million was better the volume of 1.85 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 70.03% While, its Average True Range was 0.1352.
Raw Stochastic average of Butterfly Network Inc (BFLY) in the period of the previous 100 days is set at 73.91%, which indicates a major rise in contrast to 55.56% 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 54.88% that was lower than 93.22% volatility it exhibited in the past 100-days period.
