Black Diamond Therapeutics Inc (BDTX) volume exceeds 0.52 million: A new investment opportunity for investors

On Monday, Black Diamond Therapeutics Inc (NASDAQ: BDTX) opened lower -4.98% from the last session, before settling in for the closing price of $2.01. Price fluctuations for BDTX have ranged from $1.90 to $7.66 over the past 52 weeks.

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

Company’s average yearly earnings per share was noted 30.88% at the time writing. With a float of $43.10 million, this company’s outstanding shares have now reached $56.52 million.

Let’s determine the extent of company efficiency that accounts for 54 employees. In terms of profitability, gross margin is 92.97%, operating margin of -1662.46%, and the pretax margin is -1493.65%.

Black Diamond Therapeutics Inc (BDTX) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Black Diamond Therapeutics Inc is 23.83%, while institutional ownership is 75.16%. The most recent insider transaction that took place on Aug 28 ’24, was worth 1,400,556. In this transaction 10% Owner of this company sold 221,600 shares at a rate of $6.32, taking the stock ownership to the 3,726,341 shares. Before that another transaction happened on Jul 31 ’24, when Company’s Former Employer proposed sale 50,000 for $6.20, making the entire transaction worth $310,000.

Black Diamond Therapeutics Inc (BDTX) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.33 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 30.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.01% during the next five years compared to -49.79% drop over the previous five years of trading.

Black Diamond Therapeutics Inc (NASDAQ: BDTX) Trading Performance Indicators

Check out the current performance indicators for Black Diamond Therapeutics Inc (BDTX). In the past quarter, the stock posted a quick ratio of 5.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.36, a number that is poised to hit -0.31 in the next quarter and is forecasted to reach -1.22 in one year’s time.

Technical Analysis of Black Diamond Therapeutics Inc (BDTX)

Looking closely at Black Diamond Therapeutics Inc (NASDAQ: BDTX), its last 5-days average volume was 0.48 million, which is a drop from its year-to-date volume of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 9.05%. Additionally, its Average True Range was 0.17.

During the past 100 days, Black Diamond Therapeutics Inc’s (BDTX) raw stochastic average was set at 1.62%, which indicates a significant decrease from 5.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.13% in the past 14 days, which was lower than the 72.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.27, while its 200-day Moving Average is $3.93. However, in the short run, Black Diamond Therapeutics Inc’s stock first resistance to watch stands at $1.99. Second resistance stands at $2.08. The third major resistance level sits at $2.13. If the price goes on to break the first support level at $1.85, it is likely to go to the next support level at $1.80. Now, if the price goes above the second support level, the third support stands at $1.71.

Black Diamond Therapeutics Inc (NASDAQ: BDTX) Key Stats

There are currently 56,585K shares outstanding in the company with a market cap of 108.08 million. Presently, the company’s annual sales total 0 K according to its annual income of -82,440 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -15,560 K.