During the last session, Butterfly Network Inc (NYSE:BFLY)’s traded shares were 1.87 million, with the beta value of the company hitting 2.13. At the end of the trading day, the stock’s price was $0.71, reflecting an intraday loss of -4.72% or -$0.03. The 52-week high for the BFLY share is $2.71, that puts it down -281.69 from that peak though still a striking -1.41% loss since the share price plummeted to a 52-week low of $0.72. The company’s market capitalization is $148.95M, and the average trade volume was 1.70 million shares over the past three months.
Butterfly Network Inc (NYSE:BFLY) trade information
Butterfly Network Inc (BFLY) registered a -4.72% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.72% in intraday trading to $0.71, hitting a weekly high. The stock’s 5-day price performance is -13.72%, and it has moved by -32.02% in 30 days. Based on these gigs, the overall price performance for the year is -70.66%.
Butterfly Network Inc (BFLY) estimates and forecasts
Statistics show that Butterfly Network Inc has outperformed its competitors in share price, compared to the industry in which it operates. Butterfly Network Inc (BFLY) shares have gone down -14.23% during the last six months, with a year-to-date growth rate more than the industry average at 30.77% against 20.30. In the rating firms’ projections, revenue will increase 10.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 16.8M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 19.05M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 15.48M and 18.49M respectively. In this case, analysts expect current quarter sales to grow by 8.60% and then jump by 3.00% in the coming quarter.
While earnings are projected to return 30.77% in 2024.
BFLY Dividends
Butterfly Network Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
