Stocks of BioCardia Inc. (NASDAQ:BCDA) traded higher last session on Wall Street, down -14.78% to $3.72.
BCDA stock price is now -33.26% away from the 50-day moving average and -48.62% away from the 200-day moving average. The market capitalization of the company currently stands at $6.77M.
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In other news, Altman Peter, President and CEO bought 2,750 shares of the company’s stock on Apr 19 ’24. The stock was bought for $1,013 at an average price of $0.37. Upon completion of the transaction, the President and CEO now directly owns 558,697 shares in the company, valued at $2.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 28 ’24, President and CEO Altman Peter bought 500 shares of the business’s stock. A total of $195 was incurred on buying the stock at an average price of $0.39. This leaves the insider owning 555,947 shares of the company worth $2.07 million. A total of 29.55% of the company’s stock is owned by insiders.
During the past 12 months, BioCardia Inc. has had a low of $4.19 and a high of $43.80. The fifty day moving average price for BCDA is $5.537 and a two-hundred day moving average price translates $7.199 for the stock.
The latest earnings results from BioCardia Inc. (NASDAQ: BCDA) was released for 2024-03-31. The net profit margin was -2208.76% and return on equity was -703.62% for BCDA. The company reported revenue of $55000.0 for the quarter, compared to $64000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.06 percent.
