Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Butterfly Network Inc’s current trading price is -63.45% away from its 52-week high, while its distance from the 52-week low is 39.38%. The stock’s price range over this period has fluctuated between $0.76 and $2.90. The company, operating within the financial sector, had a trading volume of approximately 1.44 million for the day, which was noticeably lower than the average daily share volume of 1.91 million over the last 3 months.
Butterfly Network Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $2.90 on 04/14/23, while the lowest price for the same period was registered at $0.76 on 10/30/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Butterfly Network Inc (BFLY) has experienced a quarterly rise of 0.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 220.62M 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 1.0437, with a change in price of +0.2331. Similarly, Butterfly Network Inc recorded 1,899,546 in trading volume during the last 100 days, posting a change of +28.19%.
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 0.11. Similarly, the long-term debt-to-equity ratio is also 0.10.
BFLY Stock Stochastic Average
Today’s raw stochastic average for Butterfly Network Inc over the last 50 days is 26.50%.This indicates a increase from the raw stochastic average of the past 20 days, which was 12.81%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 18.26% and 18.85%, respectively.
BFLY Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -1.85%.However, over the last six months, we can see a stronger performance of -8.62%. Over the last 30 days, the price of BFLY has fallen by 4.95%. And in the last five days, it has fallen by -0.93%.
