Black Diamond Therapeutics Inc [BDTX] stock prices are up 6.25% to $1.70 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BDTX shares have gain 7.59% over the last week, with a monthly amount glided 9.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Black Diamond Therapeutics Inc [NASDAQ: BDTX] stock has seen the most recent analyst activity on July 31, 2024, when Raymond James initiated its Outperform rating and assigned the stock a price target of $20. On June 30, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $10 on the stock. H.C. Wainwright upgraded its rating to a Buy but stick to its price target of $11 on June 28, 2023. Wedbush upgraded its rating to a Outperform but $10 remained the price target by the analyst firm on June 27, 2023. Wedbush downgraded its rating to Neutral for this stock on March 29, 2022. In a note dated March 22, 2022, H.C. Wainwright downgraded an Neutral rating on this stock.
The stock price of Black Diamond Therapeutics Inc [BDTX] has been fluctuating between $1.20 and $7.66 over the past year. Currently, Wall Street analysts expect the stock to reach $14.75 within the next 12 months. Black Diamond Therapeutics Inc [NASDAQ: BDTX] shares were valued at $1.70 at the most recent close of the market. An investor can expect a potential return of 767.65% based on the average BDTX price forecast.
Analyzing the BDTX fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.57, Equity is -0.7 and Total Capital is -0.77. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.5783 points at the first support level, and at 1.4567 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7683, and for the 2nd resistance point, it is at 1.8367.
Ratios To Look Out For
It’s worth pointing out that Black Diamond Therapeutics Inc [NASDAQ:BDTX]’s Current Ratio is 4.92. On the other hand, the Quick Ratio is 4.92, and the Cash Ratio is 1.77.
Transactions by insiders
Recent insider trading involved BIOTECH GROWTH N V, 10% Owner, that happened on Mar 19 ’25 when 5.78 million shares were sold. 10% Owner, Versant Venture Capital VI, L. completed a deal on Aug 28 ’24 to sell 0.22 million shares. Meanwhile, Former Employer David Epstein bought 50000.0 shares on Jul 31 ’24.
