Bluebird bio Inc (NASDAQ:BLUE) currently has a daily average trading volume of 7.66M but it saw 5228215 shares traded in last market. With a market cap of 73.88M USD, the company’s current market price of $0.38 came falling about -2.96 while comparing to the previous closing price of $0.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.58 and as low as $0.29. In the recent trading on the day, stock has struck highest price mark of $0.3719 while lowest mark touched by it was $0.41.
Taking a look at 20-day trading activity of Bluebird bio Inc (BLUE) gives us an average price of $0.3918, while its current price level is -89.39% below from 52-week high level whereas it is 31.03% 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 $0.4417 while that of 200 days or SMA-200 reads an average of $0.8438. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.80% during that period while stretching the period over a month that increases to 18.51%. 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 46.76 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 -14.38% down while it is -2.71% when we observe its performance for the past one month. Year-to-date it is -72.46% down and over the past year, the stock is showing a downside performance of -86.38%.
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 0.72. Stock has a price to sale or P/S ratio amounts to 1.39. Its return on asset (ROA) is -54.29% on average.
