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In the latest session, Allbirds Inc (NASDAQ: BIRD) closed at $0.71 down -1.40% from its previous closing price of $0.72. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 1.75 million shares were traded. BIRD stock price reached its highest trading level at $0.72 during the session, while it also had its lowest trading level at $0.6028.
Ratios:
For a deeper understanding of Allbirds Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.38.
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:
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 Aug 14 ’24 when Mitchell Ann bought 10,000 shares for $0.65 per share. The transaction valued at 6,489 led to the insider holds 822,024 shares of the business.
Brown Timothy O. sold 50,000 shares of BIRD for $29,345 on Aug 12 ’24. The Director now owns 0 shares after completing the transaction at $0.59 per share. On Aug 12 ’24, another insider, THE GRENADIER TRUST, who serves as the Officer of the company, bought 50,000 shares for $0.59 each.
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 111424704 and an Enterprise Value of 90164608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 0.41 whereas that against EBITDA is -1.027.
Stock Price History:
Over the past 52 weeks, BIRD has reached a high of $1.46, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is 10.99%, while the 200-Day Moving Average is calculated to be -10.31%.
Shares Statistics:
For the past three months, BIRD has traded an average of 1.12M shares per day and 759820 over the past ten days. A total of 157.74M shares are outstanding, with a floating share count of 105.19M. Insiders hold about 33.31% of the company’s shares, while institutions hold 19.12% stake in the company. Shares short for BIRD as of 1723680000 were 11344035 with a Short Ratio of 10.12, compared to 1721001600 on 8910417. Therefore, it implies a Short% of Shares Outstanding of 11344035 and a Short% of Float of 12.060001.
