During the last session, Biodesix Inc (NASDAQ:BDSX)’s traded shares were 0.48 million, with the beta value of the company hitting 0.99. At the end of the trading day, the stock’s price was $1.03, reflecting an intraday gain of 14.38% or $0.13. The 52-week high for the BDSX share is $2.21, that puts it down -114.56 from that peak though still a striking 16.5% gain since the share price plummeted to a 52-week low of $0.86. The company’s market capitalization is $149.83M, and the average intraday trading volume over the past 10 days was 0.57 million shares, and the average trade volume was 489.37K shares over the past three months.
Biodesix Inc (BDSX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. BDSX has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Biodesix Inc (NASDAQ:BDSX) trade information
Biodesix Inc (BDSX) registered a 14.38% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 14.38% in intraday trading to $1.03, hitting a weekly high. The stock’s 5-day price performance is -9.65%, and it has moved by -34.39% in 30 days. Based on these gigs, the overall price performance for the year is -47.98%. The short interest in Biodesix Inc (NASDAQ:BDSX) is 0.84 million shares and it means that shorts have 3.27 day(s) to cover.
The consensus price target of analysts on Wall Street is $3, which implies an increase of 65.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $3 respectively. As a result, BDSX is trading at a discount of -191.26% off the target high and -191.26% off the low.
Biodesix Inc (BDSX) estimates and forecasts
Statistics show that Biodesix Inc has outperformed its competitors in share price, compared to the industry in which it operates. Biodesix Inc (BDSX) shares have gone down -36.81% during the last six months, with a year-to-date growth rate more than the industry average at 43.55% against 6.70.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 8.42%. While earnings are projected to return 45.48% in 2025.
BDSX Dividends
Biodesix Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Biodesix Inc (NASDAQ:BDSX)’s Major holders
Biodesix Inc insiders own 48.62% of total outstanding shares while institutional holders control 42.84%, with the float percentage being 83.37%. TELEMARK ASSET MANAGEMENT, LLC is the largest shareholder of the company, while 60.0 institutions own stock in it. As of 2024-06-30, the company held over 8.28 million shares (or 8.5241% of all shares), a total value of $12.67 million in shares.
The next largest institutional holding, with 6.11 million shares, is of SOLEUS CAPITAL MANAGEMENT, L.P.’s that is approximately 6.2902% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $9.35 million.
Also, the Mutual Funds coming in first place with the largest holdings of Biodesix Inc (BDSX) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.44 shares. This amounts to just over 0.99 percent of the company’s overall shares, with a $1.48 million market value. The same data shows that the other fund manager holds slightly less at 1.42, or about 0.98% of the stock, which is worth about $1.46 million.
