On September 19, 2023, at precisely 2:42:40 PM ET, trading recommenced after a temporary halt. These trading halts serve as brief intermissions, putting a freeze on all trading activities for a specific duration. The pause threshold price field indicates the benchmark threshold price, which deviates by 10% from the most recent eligible sale recorded on the Consolidated Tape, in comparison to all trades executed for that security within a rolling five-minute period. Notably, the Nasdaq Stock Market will not interrupt trading in the event of a Level 1 Market Decline or a Level 2 Market Decline occurring after 3:25 p.m. EST, or in the case of an early scheduled close. However, if another exchange initiates a trading pause, Nasdaq has the option to resume trading once it receives the Price Bands from the Processor. Should a stock be halted at or after 3:50 p.m., it will reopen through a LULD Closing Cross in accordance with Rule 4754(b)(6).
Bird Global, Inc.
BRDS
Buy
Updated on: 29/09/2023
Financial Health
Healthy
Debt to equity ratio: Strong Buy
Price to earnings ratio: Neutral
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Strong Sell
BRDS Stock Analysis: Market Cap, Earnings Growth, and Financial Outlook for 2023
On September 19, 2023, BRDS stock opened at $0.70 and fluctuated between a low of $0.70 and a high of $1.60. The trading volume was 19,620,010 shares. BRDS has a market capitalization of $9.8 million and its earnings growth for the last year was -33.32%. The company’s revenue growth last year was 28.40%. BRDS reported a net loss of -$358.7 million, resulting in a net profit margin of -146.63%. The price-to-earnings (P/E) ratio is not available, suggesting the company may not have positive earnings. The price/sales ratio is 0.20 and the price/book ratio is 0.33. There is no data available on BRDS’s competitors. The next reporting date for BRDS is November 13, 2023. Investors should monitor the company’s financial reports for further insights.
BRDS Stock Sees Remarkable +599.30% Increase in Price Forecast, Hold Rating Remains Steady
BRDS stock had a significant increase in its price forecast on September 19, 2023. According to data from CNN Money, the 1 analyst offering a 12-month price forecast for Bird Global Inc has a median target of $10.00, with a high estimate of $10.00 and a low estimate of $10.00. This median estimate represents a remarkable +599.30% increase from the last price of $1.43.
The stock has been given a hold rating by the consensus of 1 polled investment analyst. This rating has remained steady since August.
Looking at the company’s recent financial performance, in the current quarter, Bird Global Inc reported earnings per share of -$1.25 and sales of $71.4 million.
Investors and analysts will be eagerly awaiting the company’s next earnings report, which is scheduled to be released on November 13.
Overall, the stock has seen a significant increase in its price forecast. However, the hold rating suggests that analysts are not recommending buying or selling the stock at this time. Investors should closely monitor the company’s financial performance and any updates from analysts to make informed investment decisions.
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