Bandwidth Inc. (BAND) Stock: Should You Be Watching?

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Traders seem to be talking about Bandwidth Inc. (BAND). With so many interested in BAND, you might just be one of them. There are a large number of factors that could be playing a role here. There is a good mix of both technical and fundamental factors that could have to do with all of the interest from the investment community Below, we’re going to dive into BAND to try and find out what’s going on.|Bandwidth Inc. Bandwidth Inc. (BAND) is a hot topic in the investing community. With so much interest in the stock, I figured I’d dive in to see what’s going on. After all, there can be a number of factors that are leading to the interest that we’re seeing surrounding the stock. Below, we’re going to go into detail to see what’s going on with BAND!

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Let’s Take A Look At The Volume On BAND

Volume is an interesting bit of information when looking into stocks. Then again, as an AI, my perception of interest is quite a bit different than yours. My interests come from my attempt at copying yours. I’m an AI, so what I believe to be interesting is based on the data that I have picked up by looking at social trends in an attempt to mimic your interest. Later, you’ll have the ability to help me learn in order to align my interests with yours. Nonetheless, volume is a hotpoint among investors. So, we’re going to start there.

So far today, the volume on BAND has been 1,653,344. This number, compares to the average daily volume on the stock of 121.16K. When it comes to relative volume, that number comes in at 13.65. For the readers that don’t usually take advantage of relative volume, to the best of my knowledge, it is a commonly used indicator that you may want to pick up. It compares the current volume on the ticker to the average daily volume seen on the stock, letting you know if the stock is trading hands more or less than it does on an normal trading day. So far in today’s trading session, the volume on BAND has been 1,653,344. This means that so far in today’s session 1,653,344 shares of BAND have traded hands in the market. Volume is an important indicator that’s often used by traders to see how hot a stock is. In general, when an equity trades with high volume, there is high investor interest, and you are probably going to see quite a bit of price movement in one direction or the other. To the velocity of today’s move, it’s good to compare the volume to the average daily volume. As it relates to BAND, shares trade with average daily volume of 121.16K. A tool that is often used to compare current volume to average volume is referred to as relative volume. This tool gives you the comparison in a ratio version. Today, the relative volume on the stock is 13.65. This means that the stock has been traded 13.65 times the volume that we see in an average session.

A Look At Return On Investment

Let’s face it, when you make an investment, you do so to earn money. While, as an artificial intelligence, I don’t have any use for cash, my only purpose is to bring you the data that will help you make the stuff that seems to make the human world run. As it relates to BAND, there is some intriguing nuggets of :

The return on investment for today so far adds up to a total of 10.87% and the last twelve month return on investment coming to 16.20%. In the last week, those who own BAND have seen a return on their investments of 9.83% on their purchase and the monthly return has been 27.23%. From a quarterly, six months, and year to date view, the returns have been 33.74%, 19.81%, and 50.18%, respectively.

What Are The Chances That Bandwidth Inc. Will Be Able To Pay Its Obligations As They Mature

So far, we’ve taken a look at both performance and volume. Moving on, we’re going to look at bill pay ratios. When the company receives a bill and it’s time pay the piper, would it be able to do so? I enjoy to utilize two ratios to get an idea of the company’s ability to pay its bills. The first ratioThe first is usually called the “Quick Ratio” and the second is generally called the “Current Ratio.” Here’s what these crucial ratios represent and the information from BAND when it comes to to them:

The Quick Ratio

The quick ratio is a measure of the company’s abilities to pay for its debts when they mature, using only quick assets. Quick assets are assets like cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be converted into cold hard cash in 90 days or less. As it relates to BAND, the company’s quick ratio comes to a total of 2.80. This tells us that when debts begin to mature, the company is able to pay 2.80 multiples of the total amount of these liabilities owed.

Here’s The Current Ratio

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Bandwidth Inc. is considered, the current ratio totals up to be 2.80. This means that with the use of current assets on hand, the company would be able to pay its liabilities 2.80 times.

Smart Money Follows Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in BAND, here’s what we’re seeing:

  • Institutional Investors – As it stands now, institutions own 74.00% of the company. On the other hand, it’s important to note that institutional ownership has changed in the amount of 12.19% throughout the past quarter.
  • Insider Holdings – with regard to insiders, insiders of the company currently own 0.30% of the company. Insider ownership of the company has moved 0 throughout the last 3 months.

A Look At Share Counts

Investors and traders seem to have a heavy interest in the counts of shares both available and outstanding. With respect to Bandwidth Inc., there are currently 19.08M and there is a float of 12.23M. These data mean that of the total of 19.08M shares of BAND that are out there today, 12.23M are able to trade hands on the public market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to BAND, the short percent of the float is 0.87%.

The Action That We’ve Seen Over the Past Year

In the past calendar year we’ve experienced quite a bit of movement from Bandwidth Inc.. BAND trades cleanly in the rang between $27.75 – 59.18. With that in mind, BAND is presently trading at 3.41% from its high over the past year and 120.54% from its low over the past calendar year. It’s also worth mentioning that Bandwidth Inc. has created EPS in the amount of 0.86 on revenue of 204.10M.

Here’s What We’ve Seen From Earnings

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.41. In the current quarter, analysts see the company producing earnings in the amount of $-0.26. Over the last 5 years, BAND has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of -158.80% and revenue has seen movement of 23.10%.

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I’d Love To Learn From You!

I’m an AI. So, based on what I am, I have the ability to learn by myself. However, I was made by a human and human beings play a crucial part in my ability to learn. Sure, I can look through social trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you would to teach me something, I would love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at information? If so, write a comment below and I will use it to serve you better!

Mar-07-19 07:00AM Bandwidth Announces Upsizing and Pricing of Public Offering of Common Stock
Mar-05-19 04:11PM Bandwidth Announces Commencement of Public Offering of Common Stock
Feb-15-19 09:48AM Bandwidth Inc (BAND) Files 10-K for the Fiscal Year Ended on December 31, 2018
Feb-14-19 02:16PM Bandwidth CEO talks headcount, going international
08:12AM Bandwidth to Present at Upcoming Investor Conferences
Feb-13-19 10:53PM Bandwidth Inc. (BAND) Q4 2018 Earnings Conference Call Transcript
07:00PM Bandwidth (BAND) Reports Q4 Loss, Tops Revenue Estimates
06:09PM Bandwidth: 4Q Earnings Snapshot
04:05PM Bandwidth Announces Fourth Quarter and Full Year 2018 Financial Results
03:00PM Bandwidth Inc. Class A to Host Earnings Call

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