Biofrontera Inc (NASDAQ:BFRI) has a beta value of 0.27 and has seen 10.95 million shares traded in the last trading session. The company, currently valued at $8.83M, closed the last trade at $1.14 per share which meant it gained $0.03 on the day or 2.70% during that session. The BFRI stock price is -146.49% off its 52-week high price of $2.81 and 46.49% above the 52-week low of $0.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.25 million shares traded. The 3-month trading volume is 2.87 million shares.
The consensus among analysts is that Biofrontera Inc (BFRI) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Biofrontera Inc (NASDAQ:BFRI) trade information
Sporting 2.70% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BFRI stock price touched $1.14 or saw a rise of 37.43%. Year-to-date, Biofrontera Inc shares have moved 4.59%, while the 5-day performance has seen it change 4.59%. Over the past 30 days, the shares of Biofrontera Inc (NASDAQ:BFRI) have changed 14.00%. Short interest in the company has seen 0.46 million shares shorted with days to cover at 0.08.
Biofrontera Inc (BFRI) estimates and forecasts
Figures show that Biofrontera Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 16.35% over the past 6 months, with this year growth rate of 81.39%, compared to 17.00% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 7.90% over the past 5 years.
BFRI Dividends
Biofrontera Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Biofrontera Inc (NASDAQ:BFRI)’s Major holders
Insiders own 32.06% of the company shares, while shares held by institutions stand at 20.68% with a share float percentage of 30.44%. Investors are also buoyed by the number of investors in a company, with Biofrontera Inc having a total of 12.0 institutions that hold shares in the company.