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The closing price of BridgeBio Pharma Inc (NASDAQ: BBIO) was $25.40 for the day, down -5.01% from the previous closing price of $26.74. In other words, the price has decreased by -$5.01 from its previous closing price. On the day, 1.74 million shares were traded. BBIO stock price reached its highest trading level at $26.725 during the session, while it also had its lowest trading level at $25.34.
Ratios:
Our analysis of BBIO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.59 and its Current Ratio is at 4.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on September 04, 2024, initiated with a Overweight rating and assigned the stock a target price of $46.
On January 31, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $37.BMO Capital Markets initiated its Market Perform rating on January 31, 2024, with a $37 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 Sep 13 ’24 when KKR Genetic Disorder L.P. sold 5,800,000 shares for $25.75 per share. The transaction valued at 149,350,000 led to the insider holds 25,260,971 shares of the business.
KKR Genetic Disorder L.P. bought 5,800,000 shares of BBIO for $156,310,000 on Sep 13 ’24. On Aug 19 ’24, another insider, Kumar Neil, who serves as the Chief Executive Officer of the company, sold 27,389 shares for $24.69 each. As a result, the insider received 676,256 and left with 4,897,443 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, BBIO now has a Market Capitalization of 4776037888 and an Enterprise Value of 6320337408. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.80. Its current Enterprise Value per Revenue stands at 28.844 whereas that against EBITDA is -12.727.
Stock Price History:
Over the past 52 weeks, BBIO has reached a high of $44.32, while it has fallen to a 52-week low of $21.62. The 50-Day Moving Average of the stock is -4.11%, while the 200-Day Moving Average is calculated to be -15.32%.
Shares Statistics:
BBIO traded an average of 2.20M shares per day over the past three months and 2472920 shares per day over the past ten days. A total of 175.08M shares are outstanding, with a floating share count of 146.91M. Insiders hold about 21.87% of the company’s shares, while institutions hold 74.86% stake in the company. Shares short for BBIO as of 1724976000 were 17710049 with a Short Ratio of 8.06, compared to 1722384000 on 19957155. Therefore, it implies a Short% of Shares Outstanding of 17710049 and a Short% of Float of 14.499999999999998.
