The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Butterfly Network Inc (NYSE: BFLY) closed at $4.71 in the last session, down -2.28% from day before closing price of $4.82. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 2.28 million shares were traded.
Ratios:
We take a closer look at BFLY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.85 and its Current Ratio is at 4.66. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.12.
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, Lake Street on September 10, 2024, initiated with a Buy rating and assigned the stock a target price of $3.
On March 29, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $2.25.
On November 29, 2022, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $4.50.Oppenheimer initiated its Outperform rating on November 29, 2022, with a $4.50 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 Dec 31 ’24 when Stoica Andrei G bought 1,680 shares for $3.30 per share.
Stoica Andrei G sold 3,340 shares of BFLY for $10,010 on Dec 24 ’24. The Chief Technology Officer now owns 1,450,917 shares after completing the transaction at $3.00 per share. On Dec 20 ’24, another insider, Getz Heather C, who serves as the EVP, CFO & COO of the company, sold 30,136 shares for $3.06 each. As a result, the insider received 92,337 and left with 2,669,333 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 14.65 while its Price-to-Book (P/B) ratio in mrq is 5.52.
Stock Price History:
Over the past 52 weeks, BFLY has reached a high of $4.98, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 24.09%, while the 200-Day Moving Average is calculated to be 126.78%.
Shares Statistics:
A total of 186.56M shares are outstanding, with a floating share count of 171.68M. Insiders hold about 27.58% of the company’s shares, while institutions hold 26.48% stake in the company.
