Butterfly Network Inc (NYSE:BFLY) At $0.79: What To Do?

In last trading session, Butterfly Network Inc (NYSE:BFLY) saw 1.61 million shares changing hands with its beta currently measuring 2.10. Company’s recent per share price level of $0.79 trading at $0.01 or 1.40% at ring of the bell on the day assigns it a market valuation of $165.81M. That closing price of BFLY’s stock is at a discount of -243.04% from its 52-week high price of $2.71 and is indicating a premium of 15.19% from its 52-week low price of $0.67. Taking a look at company’s average trading volume volume of 1.72 million if we extend that period to 3-months.

Butterfly Network Inc (NYSE:BFLY) trade information

Upright in the green during last session for gaining 1.40%, in the last five days BFLY remained trading in the green while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $0.79 price level, adding 9.11% to its value on the day. Butterfly Network Inc’s shares saw a change of -27.13% in year-to-date performance and have moved 11.32% in past 5-day. Butterfly Network Inc (NYSE:BFLY) showed a performance of -22.08% in past 30-days.

Butterfly Network Inc (BFLY) estimates and forecasts

Statistics highlight that Butterfly Network Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -2.90% of value to its shares in past 6 months, showing an annual growth rate of 30.77% while that of industry is 20.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

BFLY Dividends

Butterfly Network Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.