BridgeBio Pharma Inc (BBIO) concluded trading on Thursday at a closing price of $39.23, with 4.12 million shares of worth about $161.78 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.64% during that period and on Thursday the price saw a gain of about 14.14%. Currently the company’s common shares owned by public are about 150.63M shares, out of which, 128.31M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 40 times over the past 12 months. They bought 514,221 shares in 13 of the transactions. In 27 selling transactions, insiders dumped 2,446,098 shares.
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Stock saw a price change of 19.02% in past 5 days and over the past one month there was a price change of 6.29%. Year-to-date (YTD), BBIO shares are showing a performance of -2.82% which increased to 226.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.57 but also hit the highest price of $44.32 during that period. The average intraday trading volume for BridgeBio Pharma Inc shares is 1.74 million. The stock is currently trading 11.21% above its 20-day simple moving average (SMA20), while that difference is up 7.02% for SMA50 and it goes to 43.95% higher than SMA200.
BridgeBio Pharma Inc (NASDAQ: BBIO) currently have 150.63M outstanding shares and institutions hold larger chunk of about 75.08% of that.
The stock has a current market capitalization of $6.82B and its 3Y-monthly beta is at 1.06. It has posted earnings per share of -$3.91 in the same period. It has Quick Ratio of 5.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BBIO, volatility over the week remained 5.64% while standing at 5.37% over the month.
Analysts are in expectations that BridgeBio Pharma Inc (BBIO) stock would likely to be making an EPS of -$0.91 in the current quarter, while forecast for next quarter EPS is -$0.83 and it is -$3.43 for next year. For the current quarter EPS, analysts have given the company a lowest target -$1.16 which is -$0.72 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.92 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -15.23% while it is estimated to increase by 11.89% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on January 31, 2024 offering a Market perform rating for the stock and assigned a target price of $37 to it.
