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Black Diamond Therapeutics Inc (NASDAQ:BDTX) stock has hit a 52-week low, reaching a price level of $1.91 USD, reflecting a significant downturn in investor sentiment. According to InvestingPro data, the stock has declined over 10% in just the past week, with analyst price targets ranging from $9 to $20 suggesting potential upside. Over the past year, the company has experienced a substantial decline, with its stock value decreasing by -62.29%. Despite these challenges, the company maintains strong liquidity with a current ratio of 5.55 and holds more cash than debt on its balance sheet. This downturn mirrors broader market trends and investor reactions to the company’s performance and sector-specific headwinds. The 52-week low serves as a critical indicator for investors who track the stock’s performance, considering both the short-term market fluctuations and the long-term financial health of the company. Discover 10 more key insights about BDTX with InvestingPro.
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