The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Butterfly Network Inc’s current trading price is -20.00% away from its 52-week high, while its distance from the 52-week low is 161.09%. The stock’s price range for this period has been between $0.67 and $2.20 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 2.15 million for the day, a number notably higher than the average daily volume of 1.94 million over the last three months.
Butterfly Network Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $2.20 on 09/11/24, while the lowest price for the same period was registered at $0.67 on 04/25/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Butterfly Network Inc (BFLY) has experienced a quarterly rise of 66.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 374.12M and boasts a workforce of 225 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2866, with a change in price of +0.7900. Similarly, Butterfly Network Inc recorded 2,010,632 in trading volume during the last 100 days, posting a change of +81.44%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for BFLY stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.11.
BFLY Stock Stochastic Average
Butterfly Network Inc’s raw stochastic average for the past 50 days is presently 66.15%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 51.06%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 42.72% and 45.26%, respectively.
BFLY Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 62.96% this year. Over the last six months, there has been a weaker performance of 149.72%. The price of BFLY fallen by 14.29% during the last 30 days period. For the last 5-days stocks have improved 4.14%.
