In the latest session, Allbirds Inc (NASDAQ: BIRD) closed at $0.69 up 5.73% from its previous closing price of $0.66. In other words, the price has increased by $+0.0376 from its previous closing price. On the day, 1294103 shares were traded.
Ratios:
For a deeper understanding of Allbirds Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.18 and its Current Ratio is at 4.37. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.42.
On March 13, 2023, TD Cowen Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $4 to $1.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when Vernachio Joseph sold 23,935 shares for $0.91 per share. The transaction valued at 21,661 led to the insider holds 321,740 shares of the business.
Vernachio Joseph sold 17,341 shares of BIRD for $18,173 on Dec 04 ’23. The Chief Operating Officer now owns 345,675 shares after completing the transaction at $1.05 per share. On Nov 13 ’23, another insider, Mitchell Ann, who serves as the Chief Financial Officer of the company, bought 10,000 shares for $0.68 each. As a result, the insider paid 6,800 and bolstered with 844,101 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIRD now has a Market Capitalization of 107.72M and an Enterprise Value of 71.63M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 0.28 whereas that against EBITDA is -0.73.
Stock Price History:
Over the past 52 weeks, BIRD has reached a high of $1.83, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is 0.8958, while the 200-Day Moving Average is calculated to be 1.1025.
Shares Statistics:
For the past three months, BIRD has traded an average of 899.43K shares per day and 1.26M over the past ten days. A total of 102.58M shares are outstanding, with a floating share count of 96.68M. Insiders hold about 37.70% of the company’s shares, while institutions hold 25.74% stake in the company. Shares short for BIRD as of Mar 15, 2024 were 10.09M with a Short Ratio of 11.22, compared to 7.59M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.50% and a Short% of Float of 9.86%.
