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In the latest session, Bluebird bio Inc (NASDAQ: BLUE) closed at $0.32 down -11.53% from its previous closing price of $0.36. In other words, the price has decreased by -$11.53 from its previous closing price. On the day, 9.12 million shares were traded. BLUE stock price reached its highest trading level at $0.3699 during the session, while it also had its lowest trading level at $0.3189.
Ratios:
For a deeper understanding of Bluebird bio Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.51.
On November 15, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3 to $0.50.
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 Sep 30 ’24 when Klima Thomas J sold 1,006 shares for $0.53 per share. The transaction valued at 529 led to the insider holds 170,000 shares of the business.
Obenshain Andrew sold 34,780 shares of BLUE for $18,270 on Sep 30 ’24. The President and CEO now owns 375,218 shares after completing the transaction at $0.53 per share. On Sep 30 ’24, another insider, Obenshain Andrew, who serves as the Officer of the company, bought 34,780 shares for $0.52 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLUE now has a Market Capitalization of 62377636 and an Enterprise Value of 321886080. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04. Its current Enterprise Value per Revenue stands at 5.863 whereas that against EBITDA is -1.065.
Stock Price History:
Over the past 52 weeks, BLUE has reached a high of $5.53, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -33.95%, while the 200-Day Moving Average is calculated to be -64.77%.
Shares Statistics:
For the past three months, BLUE has traded an average of 7.16M shares per day and 7188950 over the past ten days. A total of 192.77M shares are outstanding, with a floating share count of 192.72M. Insiders hold about 0.89% of the company’s shares, while institutions hold 34.22% stake in the company. Shares short for BLUE as of 1730332800 were 47705814 with a Short Ratio of 6.66, compared to 1727654400 on 48991273. Therefore, it implies a Short% of Shares Outstanding of 47705814 and a Short% of Float of 26.66.
