Biodesix Inc (NASDAQ:BDSX) shares, rose in value, with the stock price down by -0.83% to the previous day’s close as strong demand from buyers drove the stock to $0.55.
Actively observing the price movement in the last trading, the stock closed the session at $0.55, falling within a range of $0.5365 and $0.5763. The value of beta (5-year monthly) was 1.159. Referring to stock’s 52-week performance, its high was $2.04, and the low was $0.51. On the whole, BDSX has fluctuated by -32.73% over the past month.
With the market capitalization of Biodesix Inc currently standing at about $80.14 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-02.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 92.97M, with a low estimate of 18.4M and a high estimate of 20.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 19.5M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BDSX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BDSX currently trading nearly -13.76% and -28.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.68, while the 7-day volatility ratio is showing 10.60% which for the 30-day chart, stands at 12.23%. Furthermore, Biodesix Inc (BDSX)’s beta value is 1.16, and its average true range (ATR) is 0.08.
A comparison of Biodesix Inc (BDSX) with its peers suggests the former has fared considerably weaker in the market. BDSX showed an intraday change of -0.83% in last session, and over the past year, it shrunk by -56.08%%.
Data on historical trading for Biodesix Inc (NASDAQ:BDSX) indicates that the trading volumes over the past 10 days have averaged 0.35 and over the past 3 months, they’ve averaged 436.97K. According to company’s latest data on outstanding shares, there are 145.49 million shares outstanding.
Nearly 49.38% of Biodesix Inc’s shares belong to company insiders and institutional investors own 40.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.16 million shares as on 2025-03-31, resulting in a short ratio of 2.24. According to the data, the short interest in Biodesix Inc (BDSX) stood at 126.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.97 million. The stock has fallen by -64.12% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BDSX stock heading into the next quarter.
