Butterfly Network Inc (NYSE: BFLY) kicked off on Monday, up 4.19% from the previous trading day, before settling in for the closing price of $4.06. Over the past 52 weeks, BFLY has traded in a range of $0.67-$4.45.
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Annual sales at Healthcare sector company grew by 14.12% over the past five years. While this was happening, its average annual earnings per share was recorded 52.82%. With a float of $150.74 million, this company’s outstanding shares have now reached $186.56 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
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 29.25%, while institutional ownership is 23.33%. The most recent insider transaction that took place on Dec 31 ’24, was worth 5,536. Before that another transaction happened on Dec 24 ’24, when Company’s Chief Technology Officer sold 3,340 for $3.00, making the entire transaction worth $10,010. This insider now owns 1,450,917 shares in total.
Butterfly Network Inc (BFLY) Performance Highlights and Predictions
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 12.09.
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 6.02 million, a negative change from its year-to-date volume of 8.14 million. As of the previous 9 days, the stock’s Stochastic %D was 82.83%. Additionally, its Average True Range was 0.36.
During the past 100 days, Butterfly Network Inc’s (BFLY) raw stochastic average was set at 93.85%, which indicates a significant increase from 87.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 130.36% in the past 14 days, which was higher than the 100.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.97, while its 200-day Moving Average is $1.62. Nevertheless, the first resistance level for the watch stands at $4.39 in the near term. At $4.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.72. If the price goes on to break the first support level at $4.06, it is likely to go to the next support level at $3.90. Assuming the price breaks the second support level, the third support level stands at $3.73.
Butterfly Network Inc (NYSE: BFLY) Key Stats
The company with the Market Capitalisation of 921.68 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.
