A new trading day began on Friday, with Butterfly Network Inc (NYSE: BFLY) stock price up 7.42% from the previous day of trading, before settling in for the closing price of $2.29. BFLY’s price has ranged from $0.67 to $4.98 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 16.72% over the past five years. Meanwhile, its annual earnings per share averaged -20.24%. With a float of $179.30 million, this company’s outstanding shares have now reached $188.63 million.
Let’s look at the performance matrix of the company that is accounted for 190 employees. In terms of profitability, gross margin is 59.51%, operating margin of -88.3%, and the pretax margin is -88.38%.
Butterfly Network Inc (BFLY) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Butterfly Network Inc is 26.19%, while institutional ownership is 25.86%. The most recent insider transaction that took place on Apr 01 ’25, was worth 3,908. In this transaction Chief Technology Officer of this company sold 1,805 shares at a rate of $2.17, taking the stock ownership to the 1,600,182 shares. Before that another transaction happened on Apr 01 ’25, when Company’s Officer proposed sale 1,805 for $2.17, making the entire transaction worth $3,908.
Butterfly Network Inc (BFLY) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.28% during the next five years compared to 66.40% growth over the previous five years of trading.
Butterfly Network Inc (NYSE: BFLY) Trading Performance Indicators
Here are Butterfly Network Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.22 in one year’s time.
Technical Analysis of Butterfly Network Inc (BFLY)
Butterfly Network Inc (NYSE: BFLY) saw its 5-day average volume 3.59 million, a negative change from its year-to-date volume of 4.28 million. As of the previous 9 days, the stock’s Stochastic %D was 87.61%. Additionally, its Average True Range was 0.26.
During the past 100 days, Butterfly Network Inc’s (BFLY) raw stochastic average was set at 19.97%, which indicates a significant decrease from 62.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.29% in the past 14 days, which was lower than the 104.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.23, while its 200-day Moving Average is $2.42. Nevertheless, the first resistance level for the watch stands at $2.55 in the near term. At $2.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.80. If the price goes on to break the first support level at $2.29, it is likely to go to the next support level at $2.12. Assuming the price breaks the second support level, the third support level stands at $2.04.
Butterfly Network Inc (NYSE: BFLY) Key Stats
With a market capitalization of 597.58 million, the company has a total of 242,923K Shares Outstanding. Currently, annual sales are 82,060 K while annual income is -72,490 K. The company’s previous quarter sales were 22,350 K while its latest quarter income was -18,100 K.
