Butterfly Network Inc. (NYSE:BFLY) has seen 2.08 million shares traded in the last trading session. The company, currently valued at $2.51B, closed the last trade at $13.01 per share which meant it gained $0.05 on the day or 0.39% during that session. The BFLY stock price is -123.9% off its 52-week high price of $29.13 and 29.29% above the 52-week low of $9.20. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.12 million shares traded. The 3-month trading volume is 2.69 million shares.
The consensus among analysts is that Butterfly Network Inc. (BFLY) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.24.
Butterfly Network Inc. (NYSE:BFLY) trade information
Sporting 0.39% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the BFLY stock price touched $13.01 or saw a rise of 0.76%. Year-to-date, Butterfly Network Inc. shares have moved -34.26%, while the 5-day performance has seen it change 6.03%. Over the past 30 days, the shares of Butterfly Network Inc. (NYSE:BFLY) have changed 23.08%. Short interest in the company has seen 14.36 million shares shorted with days to cover at 5.21.
Wall Street analysts have a consensus price target for the stock at $20.00, which means that the shares’ value could jump 34.95% from current levels. The projected low price target is $20.00 while the price target rests at a high of $20.00. In that case, then, we find that the current price level is -53.73% off the targeted high while a plunge would see the stock gain -53.73% from current levels.
Butterfly Network Inc. (BFLY) estimates and forecasts
Figures show that Butterfly Network Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -19.19% over the past 6 months, with this year growth rate of 97.81%, compared to 10.10% for the industry.
1 analysts offering their estimates for the company have set an average revenue estimate of $14.5 million for the current quarter. 1 have an estimated revenue figure of $19.5 million for the next quarter concluding in Sep 2021.
Butterfly Network Inc. is expected to release its next earnings report on May 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Butterfly Network Inc. (NYSE:BFLY)’s Major holders
Insiders own 19.96% of the company shares, while shares held by institutions stand at 39.32% with a share float percentage of 49.12%. Investors are also buoyed by the number of investors in a company, with Butterfly Network Inc. having a total of 156 institutions that hold shares in the company.