Bluebird bio Inc (NASDAQ:BLUE) currently has a daily average trading volume of 7.23M but it saw 26496794 shares traded in last market. With a market cap of 86.29M USD, the company’s current market price of $0.44 came falling about -39.73 while comparing to the previous closing price of $0.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.53 and as low as $0.29. In the recent trading on the day, stock has struck highest price mark of $0.4 while lowest mark touched by it was $0.56.
Taking a look at 20-day trading activity of Bluebird bio Inc (BLUE) gives us an average price of $0.3851, while its current price level is -91.97% below from 52-week high level whereas it is 53.03% 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 $0.4494 while that of 200 days or SMA-200 reads an average of $0.8700. A closer look into the stock’s movement over the week reveals that its volatility is standing at 39.57% during that period while stretching the period over a month that decreases to 18.69%. 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 51.21 which implies that the stock is in neutral territory.
BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on November 15, 2024 while assigning a price target range of $3-$0.50.
Over the week, BLUE’s stock price is moving 17.47% up while it is -1.90% when we observe its performance for the past one month. Year-to-date it is -67.84% down and over the past year, the stock is showing a downside performance of -89.75%.
Currently, Bluebird bio Inc’s total number of outstanding shares is 193.92M. Company’s return on investment (ROI) stands at -174.36% and return on equity (ROE) at -270.20%. Stock’s beta reads 0.71. Stock has a price to sale or P/S ratio amounts to 1.62. Its return on asset (ROA) is -54.29% on average.
