Bausch + Lomb Corp (NYSE:BLCO) shares, rose in value, with the stock price up by 1.77% to the previous day’s close as strong demand from buyers drove the stock to $12.06.
Actively observing the price movement in the last trading, the stock closed the session at $11.85, falling within a range of $11.72 and $12.12. The value of beta (5-year monthly) was 0.539. Referring to stock’s 52-week performance, its high was $21.69, and the low was $10.46. On the whole, BLCO has fluctuated by -22.14% over the past month.
With the market capitalization of Bausch + Lomb Corp currently standing at about $4.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-18.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.99B, with a low estimate of 1.13B and a high estimate of 1.17B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.15B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BLCO’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 BLCO currently trading nearly -9.47% and -18.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.44, while the 7-day volatility ratio is showing 4.74% which for the 30-day chart, stands at 6.40%. Furthermore, Bausch + Lomb Corp (BLCO)’s beta value is 0.66, and its average true range (ATR) is 0.78.
A comparison of Bausch + Lomb Corp (BLCO) with its peers suggests the former has fared considerably weaker in the market. BLCO showed an intraday change of 1.77% in last session, and over the past year, it shrunk by -14.29%%.
Data on historical trading for Bausch + Lomb Corp (NYSE:BLCO) indicates that the trading volumes over the past 10 days have averaged 0.84 and over the past 3 months, they’ve averaged 739.23K. According to company’s latest data on outstanding shares, there are 350.91 million shares outstanding.
Nearly 89.71% of Bausch + Lomb Corp’s shares belong to company insiders and institutional investors own 9.27% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.98 million shares as on 2025-03-31, resulting in a short ratio of 2.94. According to the data, the short interest in Bausch + Lomb Corp (BLCO) stood at 476.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.86 million. The stock has fallen by -33.22% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BLCO stock heading into the next quarter.
