Butterfly Network Inc (NYSE: BFLY) kicked off on Tuesday, up 1.05% from the previous trading day, before settling in for the closing price of $4.77. Over the past 52 weeks, BFLY has traded in a range of $0.67-$4.95.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Healthcare Sector giant was 14.12%. While this was happening, its average annual earnings per share was recorded 52.31%. With a float of $171.68 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
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 27.58%, while institutional ownership is 26.48%. 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
According to the Wall Street analysts, stocks earnings will be around 52.31% 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 14.99.
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 3.77 million, which is a drop from its year-to-date volume of 4.83 million. As of the previous 9 days, the stock’s Stochastic %D was 83.48%. Additionally, its Average True Range was 0.38.
During the past 100 days, Butterfly Network Inc’s (BFLY) raw stochastic average was set at 95.39%, which indicates a significant increase from 90.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.36% in the past 14 days, which was lower than the 101.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.77, while its 200-day Moving Average is $2.06. However, in the short run, Butterfly Network Inc’s stock first resistance to watch stands at $4.94. Second resistance stands at $5.06. The third major resistance level sits at $5.13. If the price goes on to break the first support level at $4.74, it is likely to go to the next support level at $4.67. Should the price break the second support level, the third support level stands at $4.55.
Butterfly Network Inc (NYSE: BFLY) Key Stats
The company with the Market Capitalisation of 1.14 billion 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.
