With 0.13 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.14 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $0.64 whereas the lowest price it dropped to was $0.6001. The 52-week range on BOLT shows that it touched its highest point at $1.56 and its lowest point at $0.54 during that stretch. It currently has a 1-year price target of $1.75. Beta for the stock currently stands at 0.92.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BOLT was up-trending over the past week, with a rise of 9.82%, but this was down by -6.55% over a month. Three-month performance dropped to -9.26% while six-month performance fell -17.53%. The stock lost -32.03% in the past year, while it has lost -44.11% so far this year. A look at the trailing 12-month EPS for BOLT yields -1.71 with Next year EPS estimates of -1.07. For the next quarter, that number is -0.37. This implies an EPS growth rate of 15.48% for this year and 30.60% for next year.
Float and Shares Shorts:
At present, 38.11 million BOLT shares are outstanding with a float of 25.82 million shares on hand for trading. On 2024-10-31, short shares totaled 65990.0, which was 17.0 higher than short shares on 1727654400. In addition to Mr. William P. Quinn as the firm’s CEO, CFO, President, Secretary & Director, Mr. Grant Yonehiro C.F.A., M.B.A. serves as its Chief Operating Officer.
Institutional Ownership:
Through their ownership of 0.58192 of BOLT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, BOLT reported revenue of $1141000.0 and operating income of -$16443000.0. The EBITDA in the recently reported quarter was -$16003000.0 and diluted EPS was -$0.4.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BOLT since 10 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BOLT analysts setting a high price target of 2.0 and a low target of 1.5, the average target price over the next 12 months is 1.75. Based on these targets, BOLT could surge 217.46% to reach the target high and rise by 138.1% to reach the target low. Reaching the average price target will result in a growth of 177.78% from current levels.
Analysts have provided yearly estimates in a range of -$1.50824 being high and -$1.57549 being low. For BOLT, this leads to a yearly average estimate of -$1.54667. The surprise factor in the prior quarter was -$0.59. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
