With 1.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.61 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $27.6 whereas the lowest price it dropped to was $26.5866. The 52-week range on BBIO shows that it touched its highest point at $44.32 and its lowest point at $14.78 during that stretch. It currently has a 1-year price target of $50.08. Beta for the stock currently stands at 1.08.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BBIO was down-trending over the past week, with a drop of -3.43%, but this was down by -2.35% over a month. Three-month performance dropped to -6.66% while six-month performance fell -16.54%. The stock gained 63.35% in the past year, while it has lost -32.99% so far this year. A look at the trailing 12-month EPS for BBIO yields -3.23 with Next year EPS estimates of -3.16. For the next quarter, that number is -1.02. This implies an EPS growth rate of 18.19% for this year and 2.29% for next year.
Float and Shares Shorts:
At present, 175.08 million BBIO shares are outstanding with a float of 140.10 million shares on hand for trading. On 2024-05-15, short shares totaled 15.78 million, which was 843.0000399999999 higher than short shares on 1713139200. In addition to Dr. Neil Kumar Ph.D. as the firm’s Co-Founder, President, CEO & Director, Dr. Charles J. Homcy M.D. serves as its Co-Founder, Chairman of Pharmaceuticals & Independent Lead Director.
Institutional Ownership:
Through their ownership of 0.95015997 of BBIO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, BBIO reported revenue of $211120000.0 and operating income of $3743000.0. The EBITDA in the recently reported quarter was $18897000.0 and diluted EPS was -$0.2.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BBIO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
