Boundless Bio Inc (BOLD) is heading in the right direction with an average volume of $66.66K

Witnessing the stock’s movement on the chart, on Wednesday, Boundless Bio Inc (NASDAQ: BOLD) had a quiet start as it plunged -5.26% to $2.52, before settling in for the price of $2.66 at the close. Taking a more long-term approach, BOLD posted a 52-week range of $2.33-$15.24.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 0.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 90.52%. This publicly-traded company’s shares outstanding now amounts to $22.24 million, simultaneously with a float of $14.16 million. The organization now has a market capitalization sitting at $56.20 million. At the time of writing, stock’s 50-day Moving Average stood at $3.13.

Boundless Bio Inc (BOLD) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Boundless Bio Inc’s current insider ownership accounts for 36.52%, in contrast to 50.84% institutional ownership. According to the most recent insider trade that took place on Apr 02 ’24, this organization’s Director bought 200,000 shares at the rate of 16.00, making the entire transaction reach 3,200,000 in total value, affecting insider ownership by 1,181,766. Preceding that transaction, on Apr 02 ’24, Company’s 10% Owner bought 200,000 for 16.00, making the whole transaction’s value amount to 3,200,000. This particular insider is now the holder of 1,181,766 in total.

Boundless Bio Inc (BOLD) Earnings and Revenue Records

Boundless Bio Inc’s EPS increase for this current 12-month fiscal period is 90.52% and is forecasted to reach -3.67 in the upcoming year.

Boundless Bio Inc (NASDAQ: BOLD) Trading Performance Indicators

Let’s observe the current performance indicators for Boundless Bio Inc (BOLD). It’s Quick Ratio in the last reported quarter now stands at 17.03. The Stock has managed to achieve an average true range (ATR) of 0.25.

In the same vein, BOLD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.75, a figure that is expected to reach -0.76 in the next quarter, and analysts are predicting that it will be -3.67 at the market close of one year from today.

Technical Analysis of Boundless Bio Inc (BOLD)

Going through the that latest performance of [Boundless Bio Inc, BOLD]. Its last 5-days volume of 0.14 million indicated improvement to the volume of 0.1 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 20.59% While, its Average True Range was 0.24.

Raw Stochastic average of Boundless Bio Inc (BOLD) in the period of the previous 100 days is set at 7.95%, which indicates a major fall in contrast to 13.38% 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 92.97% that was higher than 85.55% volatility it exhibited in the past 100-days period.