Gaining Ground: BridgeBio Pharma Inc (BBIO) Closes Higher at 25.86, Up 3.83

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The price of BridgeBio Pharma Inc (NASDAQ: BBIO) closed at $25.86 in the last session, up 3.83% from day before closing price of $24.91. In other words, the price has increased by $3.83 from its previous closing price. On the day, 1.02 million shares were traded. BBIO stock price reached its highest trading level at $25.48 during the session, while it also had its lowest trading level at $24.71.

Ratios:

We take a closer look at BBIO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.54 and its Current Ratio is at 5.54.

On January 31, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $37.

On December 08, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $58.Wells Fargo initiated its Overweight rating on December 08, 2023, with a $58 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 04 ’24 when Scott Randal W. sold 1,500 shares for $31.30 per share. The transaction valued at 46,950 led to the insider holds 4,000 shares of the business.

Scott Randal W. sold 1,000 shares of BBIO for $28,843 on Jun 03 ’24. The Director now owns 5,500 shares after completing the transaction at $28.84 per share. On Mar 01 ’24, another insider, Scott Randal W., who serves as the Director of the company, sold 2,500 shares for $34.00 each. As a result, the insider received 85,000 and left with 6,500 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 4678224896 and an Enterprise Value of 5899983360. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.14. Its current Enterprise Value per Revenue stands at 26.99 whereas that against EBITDA is -12.649.

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 $16.61. The 50-Day Moving Average of the stock is -5.15%, while the 200-Day Moving Average is calculated to be -14.36%.

Shares Statistics:

According to the various share statistics, BBIO traded on average about 1.98M shares per day over the past 3-months and 4132560 shares per day over the past 10 days. A total of 175.08M shares are outstanding, with a floating share count of 140.78M. Insiders hold about 24.77% of the company’s shares, while institutions hold 73.32% stake in the company. Shares short for BBIO as of 1718323200 were 16661668 with a Short Ratio of 8.41, compared to 1715731200 on 15782439. Therefore, it implies a Short% of Shares Outstanding of 16661668 and a Short% of Float of 13.74.

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