In last trading session, Black Diamond Therapeutics Inc (NASDAQ:BDTX) saw 0.76 million shares changing hands with its beta currently measuring 2.50. Company’s recent per share price level of $5.22 trading at $0.24 or 4.82% at ring of the bell on the day assigns it a market valuation of $294.93M. That closing price of BDTX’s stock is at a discount of -46.74% from its 52-week high price of $7.66 and is indicating a premium of 68.97% from its 52-week low price of $1.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.52 million shares which gives us an average trading volume of 661.47K if we extend that period to 3-months.
For Black Diamond Therapeutics Inc (BDTX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.14. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.35 in the current quarter.
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Black Diamond Therapeutics Inc (NASDAQ:BDTX) trade information
Upright in the green during last session for gaining 4.82%, in the last five days BDTX remained trading in the green while hitting it’s week-highest on Wednesday, 08/14/24 when the stock touched $5.22 price level, adding 4.4% to its value on the day. Black Diamond Therapeutics Inc’s shares saw a change of 85.77% in year-to-date performance and have moved 12.50% in past 5-day. Black Diamond Therapeutics Inc (NASDAQ:BDTX) showed a performance of -9.69% in past 30-days. Number of shares sold short was 4.44 million shares which calculate 10.1 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a rise of 62.71% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would drop -110.73% in reaching the projected high whereas dropping to the targeted low would mean a loss of -110.73% for stock’s current value.
Black Diamond Therapeutics Inc (BDTX) estimates and forecasts
Statistics highlight that Black Diamond Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 3.16% of value to its shares in past 6 months, showing an annual growth rate of 24.47% while that of industry is 18.90. 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 -49.79% during past 5 years.
Black Diamond Therapeutics Inc (NASDAQ:BDTX)’s Major holders
Insiders are in possession of 2.33% of company’s total shares while institution are holding 95.44 percent of that, with stock having share float percentage of 97.71%. Investors also watch the number of corporate investors in a company very closely, which is 95.44% institutions for Black Diamond Therapeutics Inc that are currently holding shares of the company. BELLEVUE GROUP AG is the top institutional holder at BDTX for having 8.52 million shares of worth $43.19 million. And as of 2024-03-31, it was holding 19.3787 of the company’s outstanding shares.
The second largest institutional holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC., which was holding about 6.73 million shares on 2024-03-31. The number of shares represents firm’s hold over 15.3007 of outstanding shares, having a total worth of $34.1 million.
On the other hand, Price (T.Rowe) Small-Cap Value Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2024 , the former fund manager was holding 2.31 shares of worth $12.08 million or 4.10% of the total outstanding shares. The later fund manager was in possession of 1.21 shares on Mar 31, 2024 , making its stake of worth around $6.3 million in the company or a holder of 2.14% of company’s stock.
