BCDA Stock Summary and Trading Ideas (Biocardia | NASDAQ:BCDA)

BioCardia Inc is a clinical-stage company developing cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases with significant unmet medical needs. Its two cell therapy platforms derived from the bone marrow. CardiAMP autologous mononuclear cell therapy platform is being advanced for two clinical indications: ischemic heart failure with reduced ejection fraction (HFrEF) and refractory angina resulting from chronic myocardial ischemia (CMI). Its immunomodulatory allogeneic mesenchymal stem cell (MSC) therapy platform is being an "off the shelf" cell therapy for two clinical indications: the treatment of ischemic HFrEF (CardiALLO), which is actively enrolling, and acute respiratory distress syndrome (ARDS).

Biocardia trades on the NASDAQ stock market under the symbol BCDA.

As of February 5, 2025, BCDA stock price declined to $2.56 with 92,897 million shares trading.

BCDA has a beta of 2.94, meaning it tends to be more sensitive to market movements. BCDA has a correlation of 0.15 to the broad based SPY ETF.

BCDA has a market cap of $11.74 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, BCDA traded as high as $43.80 and as low as $1.63.

The top ETF exchange traded funds that BCDA belongs to (by Net Assets): VXF.

BCDA has underperformed the market in the last year with a return of -60.0%, while SPY returned +23.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BCDA shares. However, BCDA has outperformed the market in the last 3 month and 2 week periods, returning +7.6% and +17.4%, while SPY returned +6.4% and +0.2%, respectively. This indicates BCDA has been having a stronger performance recently.

BCDA support price is $2.38 and resistance is $2.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BCDA shares will trade within this expected range on the day.