With 1.47 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.57 million shares. The 52-week range on BTAI shows that it touched its highest point at $52.80 and its lowest point at $1.72 during that stretch. It currently has a 1-year price target of $37.00. Beta for the stock currently stands at 0.45.
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 BTAI was down-trending over the past week, with a drop of -20.80%, but this was down by -0.52% over a month. Three-month performance dropped to -53.85% while six-month performance fell -68.54%. The stock lost -93.73% in the past year, while it has lost -50.35% so far this year. A look at the trailing 12-month EPS for BTAI yields -34.43 with Next year EPS estimates of -18.31. For the next quarter, that number is -6.38. This implies an EPS growth rate of 74.52% for this year and 26.98% for next year. EPS is expected to grow by 50.29% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -35.97%.
Float and Shares Shorts:
At present, 3.29 million BTAI shares are outstanding with a float of 2.74 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BTAI since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$24.499 being high and -$25.98881 being low. For BTAI, this leads to a yearly average estimate of -$25.32667. Based on analyst estimates, the high estimate for the next quarter is -$2.72 and the low estimate is -$3.36. The average estimate for the next quarter is thus -$3.04.
