Butterfly Network Inc (NYSE:BFLY) has a beta value of 2.14 and has seen 1.71 million shares traded in the last trading session. The company, currently valued at $164.08M, closed the last trade at $0.78 per share which meant it gained $0.08 on the day or 10.50% during that session. The BFLY stock price is -247.44% off its 52-week high price of $2.71 and 14.1% above the 52-week low of $0.67. The 3-month trading volume is 1.70 million shares.
Butterfly Network Inc (NYSE:BFLY) trade information
Sporting 10.50% in the green in last session, the stock has traded in the green over the last five days, when the BFLY stock price touched $0.78 or saw a rise of 2.23%. Year-to-date, Butterfly Network Inc shares have moved -27.89%, while the 5-day performance has seen it change 1.86%. Over the past 30 days, the shares of Butterfly Network Inc (NYSE:BFLY) have changed -26.53%.
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 -13.13% over the past 6 months, with this year growth rate of 30.77%, compared to 20.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 29.40% and 21.40% for the next quarter. Revenue growth from the last financial year stood is estimated to be 10.50%.
2 analysts offering their estimates for the company have set an average revenue estimate of $16.8 million for the current quarter. 2 have an estimated revenue figure of $19.05 million for the next quarter concluding in Jun 2024. Year-ago sales stood $15.48 million and $18.49 million respectively for this quarter and the next, and analysts expect sales will grow by 8.60% for the current quarter and 3.00% for the next.
BFLY Dividends
Butterfly Network Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
