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The price of BioCardia Inc. (NASDAQ: BCDA) closed at $2.54 in the last session, down -14.77% from day before closing price of $2.98. In other words, the price has decreased by -$14.77 from its previous closing price. On the day, 0.54 million shares were traded. BCDA stock price reached its highest trading level at $2.95 during the session, while it also had its lowest trading level at $2.5.
Ratios:
We take a closer look at BCDA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 0.39.
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 Jul 01 ’24 when Altman Peter bought 300 shares for $3.05 per share. The transaction valued at 915 led to the insider holds 39,745 shares of the business.
Altman Peter bought 200 shares of BCDA for $598 on Jun 28 ’24. The President and CEO now owns 39,445 shares after completing the transaction at $2.99 per share. On Jun 21 ’24, another insider, Altman Peter, who serves as the President and CEO of the company, bought 500 shares for $3.29 each. As a result, the insider paid 1,645 and bolstered with 39,245 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, BCDA now has a Market Capitalization of 8894750 and an Enterprise Value of 5111645. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.67. Its current Enterprise Value per Revenue stands at 11.943 whereas that against EBITDA is -0.599.
Stock Price History:
Over the past 52 weeks, BCDA has reached a high of $23.25, while it has fallen to a 52-week low of $1.96. The 50-Day Moving Average of the stock is -12.11%, while the 200-Day Moving Average is calculated to be -53.75%.
Shares Statistics:
According to the various share statistics, BCDA traded on average about 827.79K shares per day over the past 3-months and 327540 shares per day over the past 10 days. A total of 3.50M shares are outstanding, with a floating share count of 2.36M. Insiders hold about 32.62% of the company’s shares, while institutions hold 2.47% stake in the company. Shares short for BCDA as of 1724976000 were 1829037 with a Short Ratio of 2.21, compared to 1722384000 on 31787. Therefore, it implies a Short% of Shares Outstanding of 1829037 and a Short% of Float of 97.540003.
