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Blueprint Medicines Corp (BPMC) – Don’t Be So Quick to Call it Dead

Blueprint Medicines Corp (NASDAQ: BPMC) is 23.01% higher on its value in year-to-date trading and has touched a low of $43.89 and a high of $121.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BPMC stock was last observed hovering at around $114.36 in the last trading session, with the day’s loss setting it -0.9%.

Currently trading at $113.46, the stock is 1.91% and 5.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing -0.79% at the moment leaves the stock 33.11% off its SMA200. BPMC registered 98.08% gain for a year compared to 6-month gain of 42.93%.

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The stock witnessed a 9.23% loss in the last 1 month and extending the period to 3 months gives it a 28.38%, and is -3.68% 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 3.67% over the week and 3.87% over the month.

Blueprint Medicines Corp (BPMC) has around 655 employees, a market worth around $7.10B and $282.21M in sales. Profit margin for the company is -102.15%. Distance from 52-week low is 158.51% and -6.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-35.09%).

The EPS is expected to grow by 72.50% this year

The shares outstanding are 62.62M, and float is at 61.23M with Short Float at 7.44%.

Blueprint Medicines Corp (BPMC) Insider Activity

The most recent transaction is an insider sale by Durso-Bumpus Debra, the company’s CHIEF PEOPLE OFFICER. SEC filings show that Durso-Bumpus Debra sold 3,850 shares of the company’s common stock on Jul 05 ’24 at a price of $111.20 per share for a total of $0.43 million. Following the sale, the insider now owns 43763.0 shares.

Blueprint Medicines Corp disclosed in a document filed with the SEC on Jul 03 ’24 that Durso-Bumpus Debra (CHIEF PEOPLE OFFICER) sold a total of 8,817 shares of the company’s common stock. The trade occurred on Jul 03 ’24 and was made at $111.29 per share for $0.98 million. Following the transaction, the insider now directly holds 43763.0 shares of the BPMC stock.

Still, SEC filings show that on Jun 28 ’24, Durso-Bumpus Debra (CHIEF PEOPLE OFFICER) disposed off 333 shares at an average price of $111.15 for $37013.0. The insider now directly holds 43,763 shares of Blueprint Medicines Corp (BPMC).

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