Butterfly Network Inc (NYSE: BFLY) kicked off on Tuesday, up 11.21% from the previous trading day, before settling in for the closing price of $3.30. Over the past 52 weeks, BFLY has traded in a range of $0.67-$3.55.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 14.12%. While this was happening, its average annual earnings per share was recorded 52.82%. With a float of $150.22 million, this company’s outstanding shares have now reached $186.56 million.
Considering the fact that the conglomerate employs 225 people, you should pay attention to its efficiency factor. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Butterfly Network Inc is 29.49%, while institutional ownership is 23.33%. The most recent insider transaction that took place on Dec 05 ’24, was worth 37,970. In this transaction Chief Technology Officer of this company sold 11,277 shares at a rate of $3.37, taking the stock ownership to the 1,454,257 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Officer proposed sale 11,277 for $3.37, making the entire transaction worth $37,969.
Butterfly Network Inc (BFLY) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.82% per share during the next fiscal year.
Butterfly Network Inc (NYSE: BFLY) Trading Performance Indicators
Take a look at Butterfly Network Inc’s (BFLY) current performance indicators. Last quarter, stock had a quick ratio of 2.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.26.
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)
Compared to the last year’s volume of 2.06 million, its volume of 2.77 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 73.17%. Additionally, its Average True Range was 0.27.
During the past 100 days, Butterfly Network Inc’s (BFLY) raw stochastic average was set at 96.18%, which indicates a significant increase from 88.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.62% in the past 14 days, which was lower than the 95.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.41, while its 200-day Moving Average is $1.43. Nevertheless, the first resistance level for the watch stands at $3.89 in the near term. At $4.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.45. If the price goes on to break the first support level at $3.33, it is likely to go to the next support level at $3.00. Should the price break the second support level, the third support level stands at $2.77.
Butterfly Network Inc (NYSE: BFLY) Key Stats
The company with the Market Capitalisation of 781.93 million has total of 213,062K Shares Outstanding. Its annual sales at the moment are 65,900 K in contrast with the sum of -133,700 K annual income. Company’s last quarter sales were recorded 20,560 K and last quarter income was -16,920 K.
