Market Highlights: Biodesix Inc (BDSX) Ends on a High Note at 1.28

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The price of Biodesix Inc (NASDAQ: BDSX) closed at $1.28 in the last session, up 6.67% from day before closing price of $1.20. In other words, the price has increased by $6.67 from its previous closing price. On the day, 0.7 million shares were traded. BDSX stock price reached its highest trading level at $1.31 during the session, while it also had its lowest trading level at $1.22.

Ratios:

We take a closer look at BDSX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.30 and its Current Ratio is at 3.40. In the meantime, Its Debt-to-Equity ratio is 2.22 whereas as Long-Term Debt/Eq ratio is at 2.20.

On July 26, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $3.

On May 13, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $2.80.TD Cowen initiated its Buy rating on May 13, 2024, with a $2.80 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 Nov 21 ’24 when SCHULER JACK W bought 100,000 shares for $1.23 per share. The transaction valued at 122,840 led to the insider holds 31,194,935 shares of the business.

Kennedy Lawrence T. Jr bought 35,000 shares of BDSX for $40,562 on Nov 21 ’24. The Director now owns 10,411,024 shares after completing the transaction at $1.16 per share. On Nov 20 ’24, another insider, SCHULER JACK W, who serves as the Director of the company, bought 200,000 shares for $1.17 each. As a result, the insider paid 234,000 and bolstered with 31,094,935 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, BDSX now has a Market Capitalization of 186197760 and an Enterprise Value of 217770144. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.03 while its Price-to-Book (P/B) ratio in mrq is 6.68. Its current Enterprise Value per Revenue stands at 3.322 whereas that against EBITDA is -7.443.

Stock Price History:

Over the past 52 weeks, BDSX has reached a high of $2.21, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is -18.30%, while the 200-Day Moving Average is calculated to be -17.48%.

Shares Statistics:

According to the various share statistics, BDSX traded on average about 363.21K shares per day over the past 3-months and 1113460 shares per day over the past 10 days. A total of 96.24M shares are outstanding, with a floating share count of 74.17M. Insiders hold about 49.01% of the company’s shares, while institutions hold 36.65% stake in the company. Shares short for BDSX as of 1730332800 were 415740 with a Short Ratio of 1.14, compared to 1727654400 on 419685. Therefore, it implies a Short% of Shares Outstanding of 415740 and a Short% of Float of 0.44999999999999996.

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