As on January 15, 2021, Soliton Inc. (NASDAQ: SOLY) got off with the flyer as it spiked 11.62% to $9.70. During the day, the stock rose to $10.29 and sunk to $8.57 before settling in for the price of $8.69 at the close. Taking a more long-term approach, SOLY posted a 52-week range of $5.69-$15.50.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -38.60%. This publicly-traded company’s shares outstanding now amounts to $21.06 million, simultaneously with a float of $10.06 million. The organization now has a market capitalization sitting at $207.39 million. At the time of writing, stock’s 50-day Moving Average stood at $8.33, while the 200-day Moving Average is $8.40.
Soliton Inc. (SOLY) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Medical Devices industry. Soliton Inc.’s current insider ownership accounts for 52.52%, in contrast to 15.20% institutional ownership. According to the most recent insider trade that took place on Jun 30, this organization’s 10% Owner bought 120,481 shares at the rate of 8.30, making the entire transaction reach 999,992 in total value, affecting insider ownership by 9,214,277.
Soliton Inc. (SOLY) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2020, the company posted -$0.17 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.17) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.26 per share during the current fiscal year.
Soliton Inc.’s EPS decrease for this current 12-month fiscal period is -38.60% and is forecasted to reach -0.94 in the upcoming year.
Soliton Inc. (NASDAQ: SOLY) Trading Performance Indicators
Let’s observe the current performance indicators for Soliton Inc. (SOLY). It’s Quick Ratio in the last reported quarter now stands at 15.00. The Stock has managed to achieve an average true range (ATR) of 0.56.
In the same vein, SOLY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.75, a figure that is expected to reach -0.23 in the next quarter, and analysts are predicting that it will be -0.94 at the market close of one year from today.
Technical Analysis of Soliton Inc. (SOLY)
Through scrutinizing the latest numbers posted by the [Soliton Inc., SOLY], it can be observed that its last 5-days Average volume of 0.37 million was better the volume of 0.3 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 85.57% While, its Average True Range was 0.58.
Raw Stochastic average of Soliton Inc. (SOLY) in the period of the previous 100 days is set at 87.17%, which indicates a major rise in contrast to 79.58% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 56.57% that was lower than 70.31% volatility it exhibited in the past 100-days period.