Additionally, the 36-month beta value for BIMI is 1.74. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for BIMI is 0.93M and currently, short sellers hold a 1.80% ratio of that float. The average trading volume of BIMI on April 16, 2024 was 40.30K shares.
BIMI) stock’s latest price update
BIMI Holdings Inc. (NASDAQ: BIMI)’s stock price has soared by 25.95 in relation to previous closing price of 1.04. Nevertheless, the company has seen a loss of -2.97% in its stock price over the last five trading days. Pulse2 reported 2021-11-26 that The stock price of BIMI International Medical Inc. (NASDAQ: BIMI) increased by over 15% pre-market today. This is why it happened.
BIMI’s Market Performance
BIMI Holdings Inc. (BIMI) has experienced a -2.97% fall in stock performance for the past week, with a -48.83% drop in the past month, and a -37.62% drop in the past quarter. The volatility ratio for the week is 15.82%, and the volatility levels for the past 30 days are at 19.05% for BIMI. The simple moving average for the past 20 days is -24.76% for BIMI’s stock, with a -39.77% simple moving average for the past 200 days.
BIMI Trading at -49.92% from the 50-Day Moving Average
After a stumble in the market that brought BIMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.28% of loss for the given period.
Volatility was left at 19.05%, however, over the last 30 days, the volatility rate increased by 15.82%, as shares sank -53.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -50.94% lower at present.
During the last 5 trading sessions, BIMI fell by -2.96%, which changed the moving average for the period of 200-days by -1.50% in comparison to the 20-day moving average, which settled at $1.6659. In addition, BIMI Holdings Inc. saw -40.19% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BIMI starting from Tiewei Song, who sale 4,000 shares at the price of $4.08 back on Feb 28 ’24. After this action, Tiewei Song now owns 337,117 shares of BIMI Holdings Inc., valued at $16,300 using the latest closing price.
Tiewei Song, the CEO of BIMI Holdings Inc., sale 724 shares at $4.01 during a trade that took place back on Feb 26 ’24, which means that Tiewei Song is holding 341,117 shares at $2,903 based on the most recent closing price.
Stock Fundamentals for BIMI
Current profitability levels for the company are sitting at:
- -1.48 for the present operating margin
- -0.52 for the gross margin
The net margin for BIMI Holdings Inc. stands at -2.39. The total capital return value is set at -0.58.
Based on BIMI Holdings Inc. (BIMI), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at -0.48. The debt to equity ratio resting at 0.51. The interest coverage ratio of the stock is -2.7.
Currently, EBITDA for the company is -12.58 million with net debt to EBITDA at -0.68. When we switch over and look at the enterprise to sales, we see a ratio of 3.19. The receivables turnover for the company is 1.16for trailing twelve months and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
Conclusion
In conclusion, BIMI Holdings Inc. (BIMI) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
