Bridgebio Pharma Stock Price on November 9, 2023

BBIO Stock  USD 27.65  1.33  4.59%   
Below is the normalized historical share price chart for BridgeBio Pharma extending back to June 27, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BridgeBio Pharma stands at 27.65, as last reported on the 12th of December 2024, with the highest price reaching 27.65 and the lowest price hitting 27.65 during the day.
IPO Date
27th of June 2019
200 Day MA
26.8356
50 Day MA
25.3634
Beta
1.086
 
Covid
If you're considering investing in BridgeBio Stock, it is important to understand the factors that can impact its price. BridgeBio Pharma appears to be very steady, given 3 months investment horizon. BridgeBio Pharma secures Sharpe Ratio (or Efficiency) of 0.0622, which signifies that the company had a 0.0622% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BridgeBio Pharma, which you can use to evaluate the volatility of the firm. Please makes use of BridgeBio Pharma's Mean Deviation of 2.53, risk adjusted performance of 0.0102, and Downside Deviation of 2.8 to double-check if our risk estimates are consistent with your expectations.
  
At this time, BridgeBio Pharma's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 12th of December 2024, Issuance Of Capital Stock is likely to grow to about 472.3 M, though Total Stockholder Equity is likely to grow to (1.3 B). . At this time, BridgeBio Pharma's Price To Sales Ratio is very stable compared to the past year. As of the 12th of December 2024, Price Sales Ratio is likely to grow to 741.75, while Price Earnings Ratio is likely to drop (10.73). BridgeBio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0622

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Estimated Market Risk

 3.57
  actual daily
31
69% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average BridgeBio Pharma is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BridgeBio Pharma by adding it to a well-diversified portfolio.
Price Book
123.6828
Enterprise Value Ebitda
(9.40)
Price Sales
25.1506
Shares Float
128.2 M
Wall Street Target Price
48.525

BridgeBio Pharma Valuation on November 9, 2023

It is possible to determine the worth of BridgeBio Pharma on a given historical date. On November 9, 2023 BridgeBio was worth 29.56 at the beginning of the trading date compared to the closed value of 27.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BridgeBio Pharma stock. Still, in general, we apply an absolute valuation method to find BridgeBio Pharma's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BridgeBio Pharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BridgeBio Pharma's related companies.
 Open High Low Close Volume
  29.46    29.74    28.57    29.39    983,600  
11/09/2023
  29.56    29.58    26.97    27.07    1,117,800  
  27.15    27.27    26.41    27.10    994,700  
Backtest BridgeBio Pharma  |  BridgeBio Pharma History  |  BridgeBio Pharma Valuation   PreviousNext  
Open Value
29.56
27.07
Closing Value
40.26
Upside

BridgeBio Pharma Trading Date Momentum on November 9, 2023

On November 10 2023 BridgeBio Pharma was traded for  27.10  at the closing time. The top price for the day was 27.27  and the lowest listed price was  26.41 . The trading volume for the day was 994.7 K. The trading history from November 10, 2023 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.11% . The overall trading delta against the current closing price is 7.87% .

BridgeBio Pharma Fundamentals Correlations and Trends

By evaluating BridgeBio Pharma's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BridgeBio Pharma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BridgeBio financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About BridgeBio Pharma Stock history

BridgeBio Pharma investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BridgeBio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BridgeBio Pharma will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BridgeBio Pharma stock prices may prove useful in developing a viable investing in BridgeBio Pharma
Last ReportedProjected for Next Year
Common Stock Shares Outstanding162.8 M135.5 M
Net Loss-433.1 M-454.7 M

BridgeBio Pharma Quarterly Net Working Capital

305.36 Million

BridgeBio Pharma Stock Technical Analysis

BridgeBio Pharma technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of BridgeBio Pharma technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BridgeBio Pharma trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

BridgeBio Pharma Period Price Range

Low
December 12, 2024
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BridgeBio Pharma December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how BridgeBio Pharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BridgeBio Pharma shares will generate the highest return on investment. By undertsting and applying BridgeBio Pharma stock market strength indicators, traders can identify BridgeBio Pharma entry and exit signals to maximize returns

BridgeBio Pharma Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BridgeBio Pharma's price direction in advance. Along with the technical and fundamental analysis of BridgeBio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BridgeBio to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether BridgeBio Pharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BridgeBio Pharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bridgebio Pharma Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bridgebio Pharma Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BridgeBio Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in BridgeBio Stock, please use our How to Invest in BridgeBio Pharma guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BridgeBio Pharma. If investors know BridgeBio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BridgeBio Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.42)
Revenue Per Share
1.194
Quarterly Revenue Growth
(0.33)
Return On Assets
(0.49)
Return On Equity
(17.90)
The market value of BridgeBio Pharma is measured differently than its book value, which is the value of BridgeBio that is recorded on the company's balance sheet. Investors also form their own opinion of BridgeBio Pharma's value that differs from its market value or its book value, called intrinsic value, which is BridgeBio Pharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BridgeBio Pharma's market value can be influenced by many factors that don't directly affect BridgeBio Pharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BridgeBio Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if BridgeBio Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BridgeBio Pharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.