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.
The closing price of Biodesix Inc (NASDAQ: BDSX) was $0.72 for the day, up 0.98% from the previous closing price of $0.71. In other words, the price has increased by $0.98 from its previous closing price. On the day, 5.38 million shares were traded.
Ratios:
Our analysis of BDSX’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1.47 while its Price-to-Book (P/B) ratio in mrq is 5.02.
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 $0.70. The 50-Day Moving Average of the stock is -35.57%, while the 200-Day Moving Average is calculated to be -50.91%.
Shares Statistics:
A total of 145.49M shares are outstanding, with a floating share count of 73.74M. Insiders hold about 49.31% of the company’s shares, while institutions hold 40.38% stake in the company.
