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Bluebird bio Inc (BLUE) – key numbers that make it a Strong Buy For Now

Bluebird bio Inc (NASDAQ: BLUE) is -2.17% lower on its value in year-to-date trading and has touched a low of $0.85 and a high of $5.53 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 $1.32 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $1.35, the stock is 36.61% and 37.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.94 million and changing 2.27% at the moment leaves the stock -23.47% off its SMA200. BLUE registered -55.45% loss for a year compared to 6-month loss of -10.00%.

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The stock witnessed a 35.00% gain in the last 1 month and extending the period to 3 months gives it a 31.07%, and is 35.00% up 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 10.00% over the week and 8.48% over the month.

Profit margin for the company is -419.62%. Distance from 52-week low is 59.76% and -75.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.06%).

The EPS is expected to grow by 5.35% this year.

Bluebird bio Inc (BLUE) Top Institutional Holders

The shares outstanding are 192.74M, and float is at 189.84M with Short Float at 16.18%.

Bluebird bio Inc (BLUE) Insider Activity

The most recent transaction is an insider sale by Klima Thomas J. SEC filings show that Klima Thomas J sold 3,834 shares of the company’s common stock on Jun 03 ’24 at a price of $0.97 per share for a total of $3726.0. Following the sale, the insider now owns 0.12 million shares.

Bluebird bio Inc disclosed in a document filed with the SEC on Mar 04 ’24 that Obenshain Andrew (President and CEO) sold a total of 6,095 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $1.53 per share for $9311.0. Following the transaction, the insider now directly holds 0.28 million shares of the BLUE stock.

Still, SEC filings show that on Mar 04 ’24, Klima Thomas J () disposed off 4,573 shares at an average price of $1.53 for $6986.0. The insider now directly holds 124,840 shares of Bluebird bio Inc (BLUE).

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