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As of close of business last night, Allbirds Inc’s stock clocked out at $0.69, down -0.45% from its previous closing price of $0.69. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 1.46 million shares were traded. BIRD stock price reached its highest trading level at $0.7582 during the session, while it also had its lowest trading level at $0.651.
Ratios:
To gain a deeper understanding of BIRD’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.67 and its Current Ratio is at 3.97. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.41.
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:
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 Jun 07 ’24 when LEVITAN DAN bought 71,175 shares for $0.55 per share. The transaction valued at 38,933 led to the insider holds 289,080 shares of the business.
LEVITAN DAN bought 28,825 shares of BIRD for $15,623 on Jun 06 ’24. The Director now owns 217,905 shares after completing the transaction at $0.54 per share. On Jun 03 ’24, another insider, Mitchell Ann, who serves as the Chief Financial Officer of the company, sold 62,486 shares for $0.56 each. As a result, the insider received 35,005 and left with 812,024 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 108106704 and an Enterprise Value of 84018592. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 0.351 whereas that against EBITDA is -0.888.
Stock Price History:
The Beta on a monthly basis for BIRD is 1.90, which has changed by -0.5873494 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, BIRD has reached a high of $1.83, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is 15.05%, while the 200-Day Moving Average is calculated to be -17.41%.
Shares Statistics:
It appears that BIRD traded 1.32M shares on average per day over the past three months and 1663350 shares per day over the past ten days. A total of 102.58M shares are outstanding, with a floating share count of 102.03M. Insiders hold about 35.20% of the company’s shares, while institutions hold 23.82% stake in the company. Shares short for BIRD as of 1719532800 were 10014537 with a Short Ratio of 7.57, compared to 1717113600 on 10288444. Therefore, it implies a Short% of Shares Outstanding of 10014537 and a Short% of Float of 10.6800005.
