Butterfly Network Inc (BFLY) concluded trading on Wednesday at a closing price of $4.00, with 4.23 million shares of worth about $16.94 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 313.99% during that period and on January 08, 2025 the price saw a loss of about -0.99%. Currently the company’s common shares owned by public are about 186.56M shares, out of which, 150.74M shares are available for trading.
Stock saw a price change of 28.21% in past 5 days and over the past one month there was a price change of 22.70%. Year-to-date (YTD), BFLY shares are showing a performance of 28.21% which increased to 227.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.67 but also hit the highest price of $4.45 during that period. The average intraday trading volume for Butterfly Network Inc shares is 3.24 million. The stock is currently trading 14.04% above its 20-day simple moving average (SMA20), while that difference is up 30.62% for SMA50 and it goes to 142.42% higher than SMA200.
Butterfly Network Inc (NYSE: BFLY) currently have 186.56M outstanding shares and institutions hold larger chunk of about 23.33% of that.
The stock has a current market capitalization of $852.25M and its 3Y-monthly beta is at 2.43. It has posted earnings per share of -$0.47 in the same period. It has Quick Ratio of 2.85 while making debt-to-equity ratio of 0.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BFLY, volatility over the week remained 14.78% while standing at 11.50% over the month.
Stock’s fiscal year EPS is expected to rise by 52.82% while it is estimated to increase by 5.43% 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 Lake Street on September 10, 2024 offering a Buy rating for the stock and assigned a target price of $3 to it. Coverage by UBS stated Butterfly Network Inc (BFLY) stock as a Neutral in their note to investors on March 29, 2023, suggesting a price target of $2.25 for the stock. On November 29, 2022, Oppenheimer Initiated their recommendations, while on October 04, 2022, B. Riley Securities Initiated their ratings for the stock with a price target of $9.50. Stock get a Neutral rating from UBS on December 17, 2021.
