Butterfly Network Inc (NYSE: BFLY) on Friday, plunged -10.25% from the previous trading day, before settling in for the closing price of $4.00. Within the past 52 weeks, BFLY’s price has moved between $0.67 and $4.45.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 14.12%. The company achieved an average annual earnings per share of 52.82%. With a float of $150.74 million, this company’s outstanding shares have now reached $186.56 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. 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) 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
Butterfly Network Inc (BFLY) is currently performing well based on its current performance indicators. A quick ratio of 2.85 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.04.
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 -0.29 in one year’s time.
Technical Analysis of Butterfly Network Inc (BFLY)
Looking closely at Butterfly Network Inc (NYSE: BFLY), its last 5-days average volume was 5.03 million, which is a drop from its year-to-date volume of 6.1 million. As of the previous 9 days, the stock’s Stochastic %D was 57.32%. Additionally, its Average True Range was 0.38.
During the past 100 days, Butterfly Network Inc’s (BFLY) raw stochastic average was set at 75.81%, which indicates a significant increase from 49.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 128.74% in the past 14 days, which was higher than the 102.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.10, while its 200-day Moving Average is $1.66. However, in the short run, Butterfly Network Inc’s stock first resistance to watch stands at $3.87. Second resistance stands at $4.15. The third major resistance level sits at $4.31. If the price goes on to break the first support level at $3.44, it is likely to go to the next support level at $3.28. Should the price break the second support level, the third support level stands at $3.00.
Butterfly Network Inc (NYSE: BFLY) Key Stats
Market capitalization of the company is 764.89 million based on 213,062K outstanding shares. Right now, sales total 65,900 K and income totals -133,700 K. The company made 20,560 K in profit during its latest quarter, and -16,920 K in sales during its previous quarter.
