Allbirds Inc (NASDAQ:BIRD) currently has a daily average trading volume of 1.20M but it saw 926544 shares traded in last market. With a market cap of 128.24M USD, the company’s current market price of $0.81 came rising about 5.65 while comparing to the previous closing price of $0.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.46 and as low as $0.45. In the recent trading on the day, stock has struck highest price mark of $0.7305 while lowest mark touched by it was $0.839.
Taking a look at 20-day trading activity of Allbirds Inc (BIRD) gives us an average price of $0.6562, while its current price level is -44.13% below from 52-week high level whereas it is 79.47% 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 $0.6127 while that of 200 days or SMA-200 reads an average of $0.7892. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.12% during that period while stretching the period over a month that increases to 11.52%. 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 73.03 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Telsey Advisory Group which upgraded the stock as “Outperform” in its note to investors issued on May 01, 2023, recommending a price target of $1.50 for it. TD Cowen downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on March 13, 2023 while assigning a price target range of $4-$1.50.
Over the week, BIRD’s stock price is moving 18.24% up while it is 26.89% when we observe its performance for the past one month. Year-to-date it is -33.63% down and over the past year, the stock is showing a downside performance of -36.98%.
Currently, Allbirds Inc’s total number of outstanding shares is 157.74M. Company’s return on investment (ROI) stands at -67.70% and return on equity (ROE) at -66.12%. Stock’s beta reads 1.81. Stock has a price to book (P/B) ratio of 0.89 while price to sale or P/S ratio amounts to 0.58. Its return on asset (ROA) is -41.79% on average.
