As of Friday close, Bird Global Inc.’s (NYSE:BRDS) stock was up $0.03, moving up 2.91 percent to $1.06. The average number of shares traded per day over the past five days has been 3,512,500 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.3900 fall in that time frame. In the last twenty days, the average volume was 1,626,995, while in the previous 50 days, it was 1,219,528.
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Since last month, BRDS stock retreated -49.52%. Shares of the company fell to $0.9066 on 05/11/22, the lowest level in the past month. Since the beginning of this year, BRDS’s stock price has dropped by -82.82% or -$5.1100, and marked a new high 2 times. However, the stock has declined by -90.58% since its 52-week high.
In the three months ended September 29, Bird Global Inc.’s quick ratio stood at 1.50, while its current ratio was 1.70, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 11.30% percent. Based on annual data, BRDS earned $39.41 million in gross profit and brought in $205.14 million in revenue.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. BRDS’s revenue rose 100.0% to $64.03 million during the quarter, while net income inched up to -$64.03 million. While analysts expected Bird Global Inc. to report -$0.13 quarterly earnings, the actual figure was -$0.72 per share, beating the consensus estimate by -453.80%. During the quarter, the company generated -$177.62 million in EBITDA. The liabilities of Bird Global Inc. were 276.44 million at the end of its most recent quarter ended September 29, and its total debt was $11.27 million. The value of shareholders’ equity is $275.13 million.
This quick technical analysis looks at Bird Global Inc.’s (BRDS) price momentum. With a historical volatility rate of 143.08%, the RSI 9-day stood at 24.41% on 13 May.
With respect to its five-day moving average, the current Bird Global Inc. price is down by -26.90% percent or -$0.3900. At present, BRDS shares trade -46.46% below its 20-day simple moving average and -85.75% percent below its 100-day simple moving average. However, the stock is currently trading approximately -67.48% below its SMA50.
Stochastic coefficient K was 9.17% and Stochastic coefficient D was 7.66%, while ATR was 0.2043. Given the Stochastic reading of 15.44% for the 14-day period, the RSI (14) reading has been calculated as 25.47%. As of today, the MACD Oscillator reading stands at -0.3163, while the 14-day reading stands at -0.4937.
Goldman launched its rating on Bird Global Inc. (NYSE: BRDS) to a Neutral in a note to investors on January 07, 2022. Bird Global Inc. (BRDS) has been rated Buy by analysts. According to 0 brokerage firms, BRDS is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Bird Global Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $7.00, the current consensus forecast for the stock is $6.00 – $8.00. Based on these forecasts, analysts predict Bird Global Inc. (BRDS) will achieve an average price target of $7.00.