The price of Bird Global Inc. (NYSE:BRDS) shares last traded on Wall Street rose 7.73% to $0.22.
Based on available information, 2 analysts follow Bird Global Inc. (NYSE:BRDS). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $3.00 and a low of $0.40, we find $1.70. Given the previous closing price of $0.20, this indicates a potential upside of 750.0 percent. BRDS stock price is now -41.34% away from the 50-day moving average and -81.76% away from the 200-day moving average. The market capitalization of the company currently stands at $64.30M.
Among analysts, 1 rate the stock a hold while 0 rate it a buy. Brokers who have rated the stock have averaged $1.70 as their price target over the next twelve months.
With the price target of $6, Goldman recently initiated with Neutral rating for Bird Global Inc. (NYSE: BRDS)..
In other news, Hahn Rebecca, Chief Communications Officer sold 4,598 shares of the company’s stock on Sep 06. The stock was sold for $1,965 at an average price of $0.43. Upon completion of the transaction, the Chief Communications Officer now directly owns 1,142,814 shares in the company, valued at $0.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 06, Controller Wright Gregory Alan sold 5,385 shares of the business’s stock. A total of $2,301 was realized by selling the stock at an average price of $0.43. This leaves the insider owning 425,037 shares of the company worth $93508.14. Insiders disposed of 2,802,035 shares of company stock worth roughly $0.62 million over the past 1 year. A total of 18.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BRDS stock. A new stake in Bird Global Inc. shares was purchased by ACCEL LEADERS FUND ASSOCIATES L.L.C. during the first quarter worth $246,000. VIRTU FINANCIAL LLC invested $34,000 in shares of BRDS during the first quarter. In the first quarter, CRESSET ASSET MANAGEMENT, LLC acquired a new stake in Bird Global Inc. valued at approximately $20,000. COWEN AND COMPANY, LLC acquired a new stake in BRDS for approximately $19,000. BNP PARIBAS ARBITRAGE, SNC purchased a new stake in BRDS valued at around $18,000 in the second quarter. In total, there are 111 active investors with 64.60% ownership of the company’s stock.
A candlestick chart of Bird Global Inc. (NYSE: BRDS) showed a price of $0.2200 on Monday morning. During the past 12 months, Bird Global Inc. has had a low of $0.20 and a high of $9.05. As of last week, the company has a debt-to-equity ratio of 2.37, a current ratio of 0.50, and a quick ratio of 0.50. The fifty day moving average price for BRDS is $0.3752 and a two-hundred day moving average price translates $1.2064 for the stock.
The latest earnings results from Bird Global Inc. (NYSE: BRDS) was released for Jun, 2022. According to the Rental & Leasing Services Company, earnings per share came in at -$0.35, missing analysts’ expectations of -$0.13 by -0.22. This compares to -$0.82 EPS in the same period last year. The company reported revenue of $72.86 million for the quarter, compared to $61.11 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.23 percent. For the current quarter, analysts expect BRDS to generate $98.42M in revenue.
Bird Global Inc.(BRDS) Company Profile
Bird Global, Inc., a micromobility company, engages in delivering electric transportation solutions for short distances. Its sharing vehicles include e-scooters and e-bikes. The company offers a fleet of shared micro electric vehicles to riders through bird.co, as well as sells vehicles to distributors, retailers, and direct customers. Bird Global, Inc. was founded in 2017 and is headquartered in Miami, Florida.