Acutus Medical Inc. (NASDAQ: AFIB) open the trading on July 23, 2021, with great promise as it jumped 2.27% to $16.70. During the day, the stock rose to $17.21 and sunk to $15.8053 before settling in for the price of $16.33 at the close. Taking a more long-term approach, AFIB posted a 52-week range of $11.18-$38.99.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -127.00%. This publicly-traded company’s shares outstanding now amounts to $28.03 million, simultaneously with a float of $15.52 million. The organization now has a market capitalization sitting at $548.93 million. At the time of writing, stock’s 50-day Moving Average stood at $15.68, while the 200-day Moving Average is $20.80.
Acutus Medical Inc. (AFIB) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Medical Devices industry. Acutus Medical Inc.’s current insider ownership accounts for 0.50%, in contrast to 81.80% institutional ownership. According to the most recent insider trade that took place on Jul 19, this organization’s Director bought 1,071,428 shares at the rate of 14.00, making the entire transaction reach 14,999,992 in total value, affecting insider ownership by 4,872,025. Preceding that transaction, on Jul 19, Company’s Director by Deputization bought 1,071,428 for 14.00, making the whole transaction’s value amount to 14,999,992. This particular insider is now the holder of 3,438,589 in total.
Acutus Medical Inc. (AFIB) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 3/30/2021 suggests? It has posted -$1.04 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at -$0.81) by -$0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.82 per share during the current fiscal year.
Acutus Medical Inc.’s EPS decrease for this current 12-month fiscal period is -127.00% and is forecasted to reach -2.53 in the upcoming year.
Acutus Medical Inc. (NASDAQ: AFIB) Trading Performance Indicators
Let’s observe the current performance indicators for Acutus Medical Inc. (AFIB). It’s Quick Ratio in the last reported quarter now stands at 5.50. The Stock has managed to achieve an average true range (ATR) of 1.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 52.28.
In the same vein, AFIB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.98, a figure that is expected to reach -0.84 in the next quarter, and analysts are predicting that it will be -2.53 at the market close of one year from today.
Technical Analysis of Acutus Medical Inc. (AFIB)
[Acutus Medical Inc., AFIB] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 74.12% While, its Average True Range was 1.34.
Raw Stochastic average of Acutus Medical Inc. (AFIB) in the period of the previous 100 days is set at 57.26%, which indicates a major fall in contrast to 88.06% 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 82.34% that was higher than 66.55% volatility it exhibited in the past 100-days period.