bluebird bio Inc. (NASDAQ: BLUE) is -31.94% lower on its value in year-to-date trading and has touched a low of $2.87 and a high of $8.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BLUE stock was last observed hovering at around $4.70 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $4.71, the stock is -9.87% and -23.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.03 million and changing 0.21% at the moment leaves the stock -20.93% off its SMA200. BLUE registered -2.69% loss for a year compared to 6-month loss of -35.57%.
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The stock witnessed a -20.44% gain in the last 1 month and extending the period to 3 months gives it a -37.12%, and is -6.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.63% over the week and 6.46% over the month.
bluebird bio Inc. (BLUE) has around 518 employees, a market worth around $576.60M and $5.10M in sales. Distance from 52-week low is 64.40% and -45.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-157.90%).
bluebird bio Inc. (BLUE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for bluebird bio Inc. (BLUE) is a “Hold”. 11 analysts offering their recommendations for the stock have an average rating of 2.90, where 7 rate it as a Hold and 2 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 9.50% this year.
bluebird bio Inc. (BLUE) Top Institutional Holders
The shares outstanding are 102.92M, and float is at 101.78M with Short Float at 17.96%.
bluebird bio Inc. (BLUE) Insider Activity
A total of 11 insider transactions have happened at bluebird bio Inc. (BLUE) in the last six months, with sales accounting for 8 and purchases happening 3 times. The most recent transaction is an insider sale by Leschly Nick,the company’sDirector. SEC filings show that Leschly Nick sold 4,290 shares of the company’s common stock on Jan 11 at a price of $7.80 per share for a total of $33480.0. Following the sale, the insider now owns 0.28 million shares.
bluebird bio Inc. disclosed in a document filed with the SEC on Jan 11 that Obenshain Andrew (President and CEO) sold a total of 3,178 shares of the company’s common stock. The trade occurred on Jan 11 and was made at $7.80 per share for $24802.0. Following the transaction, the insider now directly holds 0.24 million shares of the BLUE stock.
Still, SEC filings show that on Jan 11, Colvin Richard A (Chief Medical Officer) disposed off 557 shares at an average price of $7.80 for $4347.0. The insider now directly holds 74,231 shares of bluebird bio Inc. (BLUE).
bluebird bio Inc. (BLUE): Who are the competitors?
The company’s main competitors (and peers) include Sangamo Therapeutics Inc. (SGMO) that is trading -61.36% down over the past 12 months and Ionis Pharmaceuticals Inc. (IONS) that is 4.88% higher over the same period. Sanofi (SNY) is -5.12% down on the 1-year trading charts.