Bullfrog AI Holdings Inc (NASDAQ: BFRG)’s stock price has dropped by -9.42 in relation to previous closing price of 2.23. Nevertheless, the company has seen a loss of -16.53% in its stock price over the last five trading days. globenewswire.com reported 2024-10-22 that GAITHERSBURG, Md., Oct. 22, 2024 (GLOBE NEWSWIRE) — BullFrog AI, Inc. (NASDAQ: BFRG; BFRGW) (“BullFrog AI” or the “Company”), a technology-enabled drug development company using artificial intelligence (AI) and machine learning to enable the successful development of pharmaceuticals and biologics, today announced its VP Artificial Intelligence, Enrique García-Rivera, Ph.D., will present at Google’s inaugural Cancer AI Symposium on October 30, 2024, at the Boston Center for the Arts.
Is It Worth Investing in Bullfrog AI Holdings Inc (NASDAQ: BFRG) Right Now?
The 36-month beta value for BFRG is also noteworthy at 0.10.
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The public float for BFRG is 6.22M, and at present, short sellers hold a 4.10% of that float. The average trading volume of BFRG on November 21, 2024 was 81.16K shares.
BFRG’s Market Performance
The stock of Bullfrog AI Holdings Inc (BFRG) has seen a -16.53% decrease in the past week, with a -10.62% drop in the past month, and a -25.19% fall in the past quarter. The volatility ratio for the week is 10.51%, and the volatility levels for the past 30 days are at 8.49% for BFRG. The simple moving average for the past 20 days is -14.80% for BFRG’s stock, with a -30.10% simple moving average for the past 200 days.
BFRG Trading at -19.37% from the 50-Day Moving Average
After a stumble in the market that brought BFRG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.81% of loss for the given period.
Volatility was left at 8.49%, however, over the last 30 days, the volatility rate increased by 10.51%, as shares sank -9.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.21% lower at present.
During the last 5 trading sessions, BFRG fell by -16.53%, which changed the moving average for the period of 200-days by -56.65% in comparison to the 20-day moving average, which settled at $2.37. In addition, Bullfrog AI Holdings Inc saw -38.04% 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 BFRG starting from Singh Vininder, who sale 5,695 shares at the price of $2.59 back on Oct 09 ’24. After this action, Singh Vininder now owns 2,442,446 shares of Bullfrog AI Holdings Inc, valued at $14,727 using the latest closing price.
Singh Vininder, the Chief Executive Officer of Bullfrog AI Holdings Inc, sale 8,001 shares at $2.74 during a trade that took place back on Oct 04 ’24, which means that Singh Vininder is holding 2,459,012 shares at $21,892 based on the most recent closing price.
Stock Fundamentals for BFRG
Current profitability levels for the company are sitting at:
- -3946.28 for the present operating margin
- 0.25 for the gross margin
The net margin for Bullfrog AI Holdings Inc stands at -3814.3. The total capital return value is set at -1.78. Equity return is now at value -173.23, with -149.16 for asset returns.
Based on Bullfrog AI Holdings Inc (BFRG), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -31.14. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -370.57.
Currently, EBITDA for the company is -5.28 million with net debt to EBITDA at 0.61. When we switch over and look at the enterprise to sales, we see a ratio of 7850.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.90.
Conclusion
In summary, Bullfrog AI Holdings Inc (BFRG) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
