In Friday’s Wall Street session, Butterfly Network Inc (NYSE:BFLY) shares traded at $1.96, down -2.97% from the previous session.
BFLY stock price is now -15.05% away from the 50-day moving average and -28.52% away from the 200-day moving average. The market capitalization of the company currently stands at $484.69M.
On September 10, 2024, Lake Street recently initiated its ‘Buy’ rating on the stock quoting a target price of $3, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Getz Heather C, EVP, CFO & COO sold 65,456 shares of the company’s stock on May 05 ’25. The stock was sold for $144,069 at an average price of $2.20. Upon completion of the transaction, the EVP, CFO & COO now directly owns 2,919,274 shares in the company, valued at $5.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 05 ’25, Officer Getz Heather C bought 65,456 shares of the business’s stock. A total of $144,062 was incurred on buying the stock at an average price of $2.20. A total of 26.14% of the company’s stock is owned by insiders.
During the past 12 months, Butterfly Network Inc has had a low of $0.82 and a high of $4.98. As of last week, the company has a debt-to-equity ratio of 0.09, a current ratio of 6.06, and a quick ratio of 4.29. The fifty day moving average price for BFLY is $2.3072 and a two-hundred day moving average price translates $2.7419 for the stock.
The latest earnings results from Butterfly Network Inc (NYSE: BFLY) was released for 2025-03-31. The net profit margin was -75.56% and return on equity was -29.16% for BFLY. The company reported revenue of $21.23 million for the quarter, compared to $17.66 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.21 percent.
