Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Biodesix Inc (NASDAQ: BDSX) closed at $0.54 in the last session, down -5.64% from day before closing price of $0.57. In other words, the price has decreased by -$5.64 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
We take a closer look at BDSX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 2.76. In the meantime, Its Debt-to-Equity ratio is 2.97 whereas as Long-Term Debt/Eq ratio is at 2.93.
On July 26, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $3.
On May 13, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $2.80.TD Cowen initiated its Buy rating on May 13, 2024, with a $2.80 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 11 ’25 when Vazquez Chris sold 3,630 shares for $0.92 per share. The transaction valued at 3,355 led to the insider holds 17,623 shares of the business.
Pestano Gary Anthony sold 16,748 shares of BDSX for $15,479 on Feb 11 ’25. The Chief Development Officer now owns 156,008 shares after completing the transaction at $0.92 per share. On Feb 11 ’25, another insider, O’Kane Kieran, who serves as the Chief Commercial Officer of the company, sold 17,527 shares for $0.92 each. As a result, the insider received 16,198 and left with 128,039 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 3.76.
Stock Price History:
Over the past 52 weeks, BDSX has reached a high of $2.04, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -25.34%, while the 200-Day Moving Average is calculated to be -58.91%.
Shares Statistics:
A total of 145.49M shares are outstanding, with a floating share count of 74.14M. Insiders hold about 49.38% of the company’s shares, while institutions hold 40.08% stake in the company.
