Does Allbirds Inc (NASDAQ:BIRD) Look Expensive At $0.61? Here’s How To Know.

In last trading session, Allbirds Inc (NASDAQ:BIRD) saw 0.46 million shares changing hands with its beta currently measuring 1.80. Company’s recent per share price level of $0.61 trading at -$0.01 or -1.34% at ring of the bell on the day assigns it a market valuation of $95.31M. That closing price of BIRD’s stock is at a discount of -200.0% from its 52-week high price of $1.83 and is indicating a premium of 11.48% from its 52-week low price of $0.54. Taking a look at company’s average trading volume volume of 1.11 million if we extend that period to 3-months.

Allbirds Inc (NASDAQ:BIRD) trade information

Upright in the red during last session for losing -1.34%, in the last five days BIRD remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $0.61 price level, adding 4.28% to its value on the day. Allbirds Inc’s shares saw a change of -50.07% in year-to-date performance and have moved -0.16% in past 5-day. Allbirds Inc (NASDAQ:BIRD) showed a performance of 0.26% in past 30-days.

Allbirds Inc (BIRD) estimates and forecasts

Statistics highlight that Allbirds Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -24.30% of value to its shares in past 6 months, showing an annual growth rate of 15.85% while that of industry is 8.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -77.84% during past 5 years.

BIRD Dividends

Allbirds 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.