Witnessing the stock’s movement on the chart, on Wednesday, Butterfly Network Inc (NYSE: BFLY) set off with pace as it heaved 8.85% to $3.32, before settling in for the price of $3.05 at the close. Taking a more long-term approach, BFLY posted a 52-week range of $0.67-$3.14.
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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 14.12%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 52.82%. This publicly-traded company’s shares outstanding now amounts to $181.22 million, simultaneously with a float of $150.22 million. The organization now has a market capitalization sitting at $707.37 million. At the time of writing, stock’s 50-day Moving Average stood at $2.01, while the 200-day Moving Average is $1.28.
Butterfly Network Inc (BFLY) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Devices industry. Butterfly Network Inc’s current insider ownership accounts for 29.49%, in contrast to 23.32% 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 52.82% and is forecasted to reach -0.30 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 2.85. The Stock has managed to achieve an average true range (ATR) of 0.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.28.
In the same vein, BFLY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.47, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.30 at the market close of one year from today.
Technical Analysis of Butterfly Network Inc (BFLY)
Going through the that latest performance of [Butterfly Network Inc, BFLY]. Its last 5-days volume of 3.97 million indicated improvement to the volume of 2.01 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 80.40% While, its Average True Range was 0.32.
Raw Stochastic average of Butterfly Network Inc (BFLY) in the period of the previous 100 days is set at 98.01%, which indicates a major rise in contrast to 97.01% 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 120.13% that was higher than 102.59% volatility it exhibited in the past 100-days period.
