A major move is in the offing as Butterfly Network Inc (BFLY) market cap hits 688.19 million

On Monday, Butterfly Network Inc (NYSE: BFLY) opened lower -6.65% from the last session, before settling in for the closing price of $3.46. Price fluctuations for BFLY have ranged from $0.67 to $3.78 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 14.12% over the last five years. Company’s average yearly earnings per share was noted 52.82% at the time writing. With a float of $150.74 million, this company’s outstanding shares have now reached $186.56 million.

The firm has a total of 225 workers. Let’s measure their productivity. 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

A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Butterfly Network Inc is 29.34%, while institutional ownership is 23.33%. The most recent insider transaction that took place on Dec 24 ’24, was worth 10,010. In this transaction Chief Technology Officer of this company sold 3,340 shares at a rate of $3.00, taking the stock ownership to the 1,450,917 shares. Before that another transaction happened on Dec 20 ’24, when Company’s EVP, CFO & COO sold 30,136 for $3.06, making the entire transaction worth $92,337. This insider now owns 2,669,333 shares in total.

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

Check out the current performance indicators for Butterfly Network Inc (BFLY). In the past 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 9.03.

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)

Analysing the last 5-days average volume posted by the [Butterfly Network Inc, BFLY], we can find that recorded value of 2.2 million was better than the volume posted last year of 2.13 million. As of the previous 9 days, the stock’s Stochastic %D was 60.13%. Additionally, its Average True Range was 0.30.

During the past 100 days, Butterfly Network Inc’s (BFLY) raw stochastic average was set at 80.90%, which indicates a significant increase from 46.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.65% in the past 14 days, which was higher than the 94.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.80, while its 200-day Moving Average is $1.57. Now, the first resistance to watch is $3.35. This is followed by the second major resistance level at $3.47. The third major resistance level sits at $3.57. If the price goes on to break the first support level at $3.13, it is likely to go to the next support level at $3.03. Should the price break the second support level, the third support level stands at $2.91.

Butterfly Network Inc (NYSE: BFLY) Key Stats

There are currently 213,062K shares outstanding in the company with a market cap of 688.19 million. Presently, the company’s annual sales total 65,900 K according to its annual income of -133,700 K. Last quarter, the company’s sales amounted to 20,560 K and its income totaled -16,920 K.