Real-Time Update: BridgeBio Pharma Inc (BBIO) Stock Navigates the Market with Up-to-Date Data

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In the past week, BBIO stock has gone down by -2.70%, with a monthly decline of -4.07% and a quarterly plunge of -9.13%. The volatility ratio for the week is 3.54%, and the volatility levels for the last 30 days are 4.14% for BridgeBio Pharma Inc The simple moving average for the last 20 days is -4.78% for BBIO stock, with a simple moving average of -15.64% for the last 200 days.

Is It Worth Investing in BridgeBio Pharma Inc (NASDAQ: BBIO) Right Now?

BBIO has 36-month beta value of 1.07. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for BBIO is 146.91M, and currently, short sellers hold a 12.10% ratio of that float. The average trading volume of BBIO on October 31, 2024 was 1.93M shares.

BBIO) stock’s latest price update

The stock of BridgeBio Pharma Inc (NASDAQ: BBIO) has decreased by -2.90 when compared to last closing price of 24.50. Despite this, the company has experienced a -2.70% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-24 that – Continued, progressive improvement in motor function and achievement of motor milestones at 12-months post-treatment represents an important and statistically significant change, in contrast to the disease course observed in BridgeBio’s ongoing CANinform natural history comparator study

Analysts’ Opinion of BBIO

Piper Sandler gave a rating of “Overweight” to BBIO, setting the target price at $46 in the report published on September 04th of the current year.

BBIO Trading at -8.42% from the 50-Day Moving Average

After a stumble in the market that brought BBIO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.32% of loss for the given period.

Volatility was left at 4.14%, however, over the last 30 days, the volatility rate increased by 3.54%, as shares sank -5.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.29% lower at present.

During the last 5 trading sessions, BBIO fell by -2.70%, which changed the moving average for the period of 200-days by -36.70% in comparison to the 20-day moving average, which settled at $24.98. In addition, BridgeBio Pharma Inc saw -41.07% 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 BBIO starting from KKR Genetic Disorder L.P., who sale 5,800,000 shares at the price of $25.75 back on Sep 13 ’24. After this action, KKR Genetic Disorder L.P. now owns 25,260,971 shares of BridgeBio Pharma Inc, valued at $149,350,000 using the latest closing price.

KKR Genetic Disorder L.P., the Affiliate of BridgeBio Pharma Inc, proposed sale 5,800,000 shares at $26.95 during a trade that took place back on Sep 13 ’24, which means that KKR Genetic Disorder L.P. is holding shares at $156,310,000 based on the most recent closing price.

Stock Fundamentals for BBIO

Current profitability levels for the company are sitting at:

  • -2.3 for the present operating margin
  • 0.98 for the gross margin

The net margin for BridgeBio Pharma Inc stands at -2.07. The total capital return value is set at -0.76.

Based on BridgeBio Pharma Inc (BBIO), the company’s capital structure generated 2.74 points at debt to capital in total, while cash flow to debt ratio is standing at -0.24. The debt to equity ratio resting at -1.58. The interest coverage ratio of the stock is -10.87.

Currently, EBITDA for the company is -574.64 million with net debt to EBITDA at -2.4. When we switch over and look at the enterprise to sales, we see a ratio of 25.81. The receivables turnover for the company is 332.01for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.59.

Conclusion

To put it simply, BridgeBio Pharma Inc (BBIO) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others 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.

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