Allbirds Inc (NASDAQ:BIRD) price on Thursday, May 09,fall -3.81% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.60.
A look at the stock’s price movement, the close in the last trading session was $0.62. Turning to its 52-week performance, $1.83 and $0.54 were the 52-week high and 52-week low respectively. Overall, BIRD moved -5.33% over the past month.
Allbirds Inc’s market cap currently stands at around $92.94 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BIRD is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
BIRD’s current price about -2.99% and -14.02% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.04, while 7-day volatility ratio is 7.63% and 10.36% in the 30-day chart. Further, Allbirds Inc (BIRD) has a beta value of 1.82, and an average true range (ATR) of 0.06.
If we refocus on Allbirds Inc (NASDAQ:BIRD), historical trading data shows that trading volumes averaged 1.13 million over the past 3 months. The company’s latest data on shares outstanding shows there are 102.58 million shares.
The 37.48% of Allbirds Inc’s shares are in the hands of company insiders while institutional holders own 25.48% of the company’s shares. Current price change has pushed the stock -51.31% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BIRD stock continues to rise going into the next quarter.