Berkshire Grey Inc. (NASDAQ:BGRY) went down by -1.19% from its latest closing price compared to the recent 1-year high of $13.45. The company’s stock price has collected -23.52% of loss in the last five trading sessions. Press Release reported 3 hours ago that Berkshire Grey to Present at the Needham Growth Conference
Is It Worth Investing in Berkshire Grey Inc. (NASDAQ :BGRY) Right Now?
Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for Berkshire Grey Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $11.75, which is $8.12 above the current price. BGRY currently public float of 38.30M and currently shorts hold a 1.66% ratio of that float. Today, the average trading volume of BGRY was 883.85K shares.
BGRY’s Market Performance
BGRY stocks went down by -23.52% for the week, with a monthly drop of -24.33% and a quarterly performance of -30.16%. The volatility ratio for the week stands at 7.80% while the volatility levels for the past 30 days are set at 8.65% for Berkshire Grey Inc.. The simple moving average for the period of the last 20 days is -14.23% for BGRY stocks with a simple moving average of -47.54% for the last 200 days.
Analysts’ Opinion of BGRY
Many brokerage firms have already submitted their reports for BGRY stocks, with BofA Securities repeating the rating for BGRY by listing it as a “Buy.” The predicted price for BGRY in the upcoming period, according to BofA Securities is $12 based on the research report published on December 08th of the previous year 2021.
Credit Suisse, on the other hand, stated in their research note that they expect to see BGRY reach a price target of $10. The rating they have provided for BGRY stocks is “Outperform” according to the report published on November 23rd, 2021.
Credit Suisse gave a rating of “Neutral” to BGRY, setting the target price at $8 in the report published on September 21st of the previous year.
BGRY Trading at -24.08% from the 50-Day Moving Average
After a stumble in the market that brought BGRY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.70% of loss for the given period.
Volatility was left at 8.65%, however, over the last 30 days, the volatility rate increased by 7.80%, as shares sank -18.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.99% lower at present.
During the last 5 trading sessions, BGRY fell by -19.81%, which changed the moving average for the period of 200-days by -58.52% in comparison to the 20-day moving average, which settled at $4.86. In addition, Berkshire Grey Inc. saw -22.55% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BGRY
Equity return is now at value -55.30, with -45.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 14.35.