Beta Bionics Inc (NASDAQ:BBNX) price on Friday, May 02, rose 6.19% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.83.
A look at the stock’s price movement, the close in the last trading session was $11.14, moving within a range at $11.38 and $12.37. Turning to its 52-week performance, $24.50 and $8.89 were the 52-week high and 52-week low respectively. Overall, BBNX moved -1.83% over the past month.
Beta Bionics Inc’s market cap currently stands at around $512.83 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-24.
Analysts have a consensus estimate of 16.15M for the company’s revenue for the quarter, with a low and high estimate of 15M and 18.12M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 82.62M, representing a 26.87% jump on that reported in the last financial year.
BBNX’s current price about 9.93% and -14.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.62, while 7-day volatility ratio is 7.66% and 10.90% in the 30-day chart. Further, Beta Bionics Inc (BBNX) has a beta value of 0, and an average true range (ATR) of 1.08.
If we refocus on Beta Bionics Inc (NASDAQ:BBNX), historical trading data shows that trading volumes averaged 0.35 over the past 10 days and 468.38K over the past 3 months. The company’s latest data on shares outstanding shows there are 43.35 million shares.
The 20.36% of Beta Bionics Inc’s shares are in the hands of company insiders while institutional holders own 38.30% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.39 million on 2025-04-15, giving us a short ratio of 4.93. The data shows that as of 2025-04-15 short interest in Beta Bionics Inc (BBNX) stood at 883.0 of shares outstanding, with shares short rising to 1.21 million registered in 2025-03-14. Current price change has pushed the stock -49.94% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BBNX stock continues to rise going into the next quarter.
