Beta Bionics Inc (NASDAQ:BBNX) shares, rose in value, with the stock price up by 1.83% to the previous day’s close as strong demand from buyers drove the stock to $11.14.
Actively observing the price movement in the last trading, the stock closed the session at $10.94, falling within a range of $10.63 and $11.23. Referring to stock’s 52-week performance, its high was $24.50, and the low was $8.89. On the whole, BBNX has fluctuated by -29.45% over the past month.
With the market capitalization of Beta Bionics Inc currently standing at about $482.92 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 82.62M, with a low estimate of 15M and a high estimate of 18.12M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 16.15M.
The stock’s technical analysis shows that the price of BBNX currently trading nearly -5.39% and -31.03% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.06, while the 7-day volatility ratio is showing 9.13% which for the 30-day chart, stands at 11.76%. Furthermore, Beta Bionics Inc (BBNX)’s average true range (ATR) is 1.31.
Data on historical trading for Beta Bionics Inc (NASDAQ:BBNX) indicates that the trading volumes over the past 10 days have averaged 0.46 and over the past 3 months, they’ve averaged 622.82K. According to company’s latest data on outstanding shares, there are 43.35 million shares outstanding.
Nearly 20.36% of Beta Bionics Inc’s shares belong to company insiders and institutional investors own 38.06% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.14 million shares as on 2025-03-31, resulting in a short ratio of 4.84. According to the data, the short interest in Beta Bionics Inc (BBNX) stood at 817.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.18 million. The stock has fallen by -52.86% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BBNX stock heading into the next quarter.
