Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Butterfly Network Inc’s stock clocked out at $2.44, down -1.61% from its previous closing price of $2.48. In other words, the price has decreased by -$1.61 from its previous closing price. On the day, 1.97 million shares were traded.
Ratios:
To gain a deeper understanding of BFLY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 3.99. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.12.
On September 10, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $3.
On March 29, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $2.25.UBS initiated its Neutral rating on March 29, 2023, with a $2.25 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 25 ’25 when DEVIVO JOSEPH bought 320,215 shares for $2.44 per share.
Stoica Andrei G sold 1,805 shares of BFLY for $3,908 on Apr 01 ’25. The Chief Technology Officer now owns 1,600,182 shares after completing the transaction at $2.17 per share. On Apr 01 ’25, another insider, Stoica Andrei G, who serves as the Officer of the company, bought 1,805 shares for $2.17 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.22 while its Price-to-Book (P/B) ratio in mrq is 3.11.
Stock Price History:
Over the past 52 weeks, BFLY has reached a high of $4.98, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -15.94%, while the 200-Day Moving Average is calculated to be -1.83%.
Shares Statistics:
A total of 188.63M shares are outstanding, with a floating share count of 179.30M. Insiders hold about 26.19% of the company’s shares, while institutions hold 25.88% stake in the company.
