Brickell Biotech Inc. (NASDAQ:BBI) went down by -6.63% from its latest closing price compared to the recent 1-year high of $1.04. The company’s stock price has collected -23.08% of loss in the last five trading sessions.
Is It Worth Investing in Brickell Biotech Inc. (NASDAQ :BBI) Right Now?
Plus, the 36-month beta value for BBI is at 0.11. Opinions of the stock are interesting as 4 analysts out of 4 who provided ratings for Brickell Biotech Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.50, which is $2.47 above the current price. BBI currently public float of 107.43M and currently shorts hold a 3.92% ratio of that float. Today, the average trading volume of BBI was 5.43M shares.
BBI’s Market Performance
BBI stocks went down by -23.08% for the week, with a monthly drop of -19.97% and a quarterly performance of -18.63%, while its annual performance rate touched -77.01%. The volatility ratio for the week stands at 10.86% while the volatility levels for the past 30 days are set at 15.74% for Brickell Biotech Inc.. The simple moving average for the period of the last 20 days is -25.44% for BBI stocks with a simple moving average of -50.44% for the last 200 days.
Analysts’ Opinion of BBI
Many brokerage firms have already submitted their reports for BBI stocks, with Lake Street repeating the rating for BBI by listing it as a “Buy.” The predicted price for BBI in the upcoming period, according to Lake Street is $6 based on the research report published on August 28th of the previous year 2020.
Oppenheimer, on the other hand, stated in their research note that they expect to see BBI reach a price target of $5. The rating they have provided for BBI stocks is “Outperform” according to the report published on August 25th, 2020.
BBI Trading at -21.90% from the 50-Day Moving Average
After a stumble in the market that brought BBI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.77% of loss for the given period.
Volatility was left at 15.74%, however, over the last 30 days, the volatility rate increased by 10.86%, as shares sank -18.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.09% lower at present.
During the last 5 trading sessions, BBI fell by -23.08%, which changed the moving average for the period of 200-days by -68.43% in comparison to the 20-day moving average, which settled at $0.2660. In addition, Brickell Biotech Inc. saw -12.63% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BBI starting from HARDY REGINALD L, who purchase 100,000 shares at the price of $0.67 back on Jul 26. After this action, HARDY REGINALD L now owns 448,411 shares of Brickell Biotech Inc., valued at $67,420 using the latest closing price.
HARDY REGINALD L, the CHAIRMAN OF THE BOARD of Brickell Biotech Inc., purchase 100,000 shares at $0.66 during a trade that took place back on Jul 23, which means that HARDY REGINALD L is holding 348,411 shares at $66,230 based on the most recent closing price.
Stock Fundamentals for BBI
Current profitability levels for the company are sitting at:
- -9961.39 for the present operating margin
The net margin for Brickell Biotech Inc. stands at -9770.79. Equity return is now at value -163.80, with -129.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 6.15.