On June 21, 2022, Radius Health Inc. (NASDAQ: RDUS) opened at $8.57, higher 9.02% from the last session. During the day, the shares moved up to $9.74 and dropped to $8.56 before settling in for the closing price of $8.43. Price fluctuations for RDUS have ranged from $4.97 to $23.00 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 36.80% at the time writing. With a float of $47.35 million, this company’s outstanding shares have now reached $47.44 million.
Let’s look at the performance matrix of the company that is accounted for 293 employees. In terms of profitability, gross margin is +91.52, operating margin of -23.62, and the pretax margin is -30.51.
Radius Health Inc. (RDUS) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The most recent insider transaction that took place on May 18, was worth 2,661,002. In this transaction 10% Owner of this company bought 477,824 shares at a rate of $5.57, taking the stock ownership to the 8,733,538 shares. Before that another transaction happened on Jan 06, when Company’s 10% Owner bought 300,000 for $6.31, making the entire transaction worth $1,894,410. This insider now owns 8,255,714 shares in total.
Radius Health Inc. (RDUS) Latest Financial update
If we go through the results of last quarter, which was made public on 3/30/2022, the company posted -$0.39 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.21) by -$0.18. This company achieved a net margin of -30.51. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 36.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.60% during the next five years compared to 18.90% growth over the previous five years of trading.
Radius Health Inc. (NASDAQ: RDUS) Trading Performance Indicators
Check out the current performance indicators for Radius Health Inc. (RDUS). In the past quarter, the stock posted a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.53, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.28 in one year’s time.
Technical Analysis of Radius Health Inc. (RDUS)
Radius Health Inc. (NASDAQ: RDUS) saw its 5-day average volume 2.13 million, a positive change from its year-to-date volume of 0.96 million. As of the previous 9 days, the stock’s Stochastic %D was 80.54%. Additionally, its Average True Range was 0.65.
During the past 100 days, Radius Health Inc.’s (RDUS) raw stochastic average was set at 88.47%, which indicates a significant increase from 85.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.04% in the past 14 days, which was higher than the 75.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.90, while its 200-day Moving Average is $10.20. Nevertheless, the first resistance level for the watch stands at $9.77 in the near term. At $10.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.95. If the price goes on to break the first support level at $8.59, it is likely to go to the next support level at $7.98. The third support level lies at $7.41 if the price breaches the second support level.
Radius Health Inc. (NASDAQ: RDUS) Key Stats
There are currently 47,600K shares outstanding in the company with a market cap of 440.57 million. Presently, the company’s annual sales total 229,970 K according to its annual income of -70,180 K. Last quarter, the company’s sales amounted to 43,160 K and its income totaled -18,280 K.