Bluebird bio Inc (NASDAQ:BLUE) currently has a daily average trading volume of 8.39M but it saw 8632770 shares traded in last market. With a market cap of 175.26M USD, the company’s current market price of $0.91 came rising about 2.50 while comparing to the previous closing price of $0.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.53 and as low as $0.86.
Taking a look at 20-day trading activity of Bluebird bio Inc (BLUE) gives us an average price of $1.0344, while its current price level is -83.56% below from 52-week high level whereas it is 5.51% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.2431 while that of 200 days or SMA-200 reads an average of $2.4103. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.40% during that period while stretching the period over a month that increases to 8.39%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.01 which implies that the stock is in neutral territory.
Morgan Stanley upgraded its recommendation for the stock as a “Equal-Weight” from “Underweight” on December 08, 2023 while assigning a price target range of $3-$7.
Over the week, BLUE’s stock price is moving -1.47% down while it is -24.85% when we observe its performance for the past one month. Year-to-date it is -34.11% down and over the past year, the stock is showing a downside performance of -79.19%.
Currently, Bluebird bio Inc’s total number of outstanding shares is 192.74M. Company’s return on investment (ROI) stands at -20.06% and return on equity (ROE) at -47.81%. Stock’s beta reads 0.84. Stock has a price to book (P/B) ratio of 0.44 while price to sale or P/S ratio amounts to 8.07. Its return on asset (ROA) is -16.08% on average.
