On Friday, Butterfly Network Inc (NYSE: BFLY) was 14.04% up from the session before settling in for the closing price of $1.78. A 52-week range for BFLY has been $0.67 – $2.20.
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Annual sales at Healthcare sector company grew by 14.12% over the past five years. When this article was written, the company’s average yearly earnings per share was at 52.31%. With a float of $149.83 million, this company’s outstanding shares have now reached $181.22 million.
Let’s look at the performance matrix of the company that is accounted for 225 employees. In terms of profitability, gross margin is 29.6%, operating margin of -133.23%, and the pretax margin is -129.14%.
Butterfly Network Inc (BFLY) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Butterfly Network Inc stocks. The insider ownership of Butterfly Network Inc is 29.52%, while institutional ownership is 27.15%. The most recent insider transaction that took place on Oct 01 ’24, was worth 3,034. In this transaction Chief Technology Officer of this company sold 1,696 shares at a rate of $1.79, taking the stock ownership to the 1,465,534 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Officer proposed sale 1,696 for $1.79, making the entire transaction worth $3,034.
Butterfly Network Inc (BFLY) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 52.31% per share during the next fiscal year.
Butterfly Network Inc (NYSE: BFLY) Trading Performance Indicators
You can see what Butterfly Network Inc (BFLY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.30 in one year’s time.
Technical Analysis of Butterfly Network Inc (BFLY)
Butterfly Network Inc (NYSE: BFLY) saw its 5-day average volume 3.26 million, a positive change from its year-to-date volume of 1.88 million. As of the previous 9 days, the stock’s Stochastic %D was 59.74%. Additionally, its Average True Range was 0.15.
During the past 100 days, Butterfly Network Inc’s (BFLY) raw stochastic average was set at 87.68%, which indicates a significant increase from 84.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.81% in the past 14 days, which was lower than the 95.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.68, while its 200-day Moving Average is $1.17. Nevertheless, the first resistance level for the watch stands at $2.19 in the near term. At $2.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.59. If the price goes on to break the first support level at $1.79, it is likely to go to the next support level at $1.54. Assuming the price breaks the second support level, the third support level stands at $1.39.
Butterfly Network Inc (NYSE: BFLY) Key Stats
There are 212,574K outstanding shares of the company, which has a market capitalization of 492.14 million. As of now, sales total 65,900 K while income totals -133,700 K. Its latest quarter income was 21,490 K while its last quarter net income were -15,710 K.
