Butterfly Network Inc (NYSE:BFLY) currently has a daily average trading volume of 3.29M but it saw 2684373 shares traded in last market. With a market cap of 534.14M USD, the company’s current market price of $2.16 came falling about -5.68 while comparing to the previous closing price of $2.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.98 and as low as $0.82.
UBS also issued its recommendations for the stock as it initiated the price target for the stock is $2.25.
Over the week, BFLY’s stock price is moving -6.49% down while it is -9.24% when we observe its performance for the past one month. Year-to-date it is -30.77% down and over the past year, the stock is showing an upside performance of 109.71%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.05 while estimate for next year EPS is -0.21. In next quarter, company is expected to be making quarterly sales of $24.54M as analysts are expecting the sales for current fiscal year at $97.42M and seeing the company making $122.54M in sales next year. Moreover, analysts are in estimates of $23.9M for current-quarter revenue.
Currently, Butterfly Network Inc’s total number of outstanding shares is 220.82M with 14.16% of that held by the insiders while 45.86% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -24.94% and return on equity (ROE) at -29.16%. Stock’s beta reads 2.54. Stock has a price to book (P/B) ratio of 2.23 while price to sale or P/S ratio amounts to 6.24. Its return on asset (ROA) is -21.47% on average.
