As on March 16, 2023, ZimVie Inc. (NASDAQ: ZIMV) got off with the flyer as it spiked 1.40% to $6.50. During the day, the stock rose to $6.54 and sunk to $6.18 before settling in for the price of $6.41 at the close. Taking a more long-term approach, ZIMV posted a 52-week range of $5.05-$28.94.
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Nevertheless, stock’s Earnings Per Share (EPS) this year is 32.90%. This publicly-traded company’s shares outstanding now amounts to $26.11 million, simultaneously with a float of $26.07 million. The organization now has a market capitalization sitting at $170.50 million. At the time of writing, stock’s 50-day Moving Average stood at $8.95, while the 200-day Moving Average is $12.28.
ZimVie Inc. (ZIMV) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Medical Devices industry. ZimVie Inc.’s current insider ownership accounts for 0.10%, in contrast to 76.30% institutional ownership. According to the most recent insider trade that took place on Mar 13, this organization’s Director bought 40,000 shares at the rate of 5.60, making the entire transaction reach 224,120 in total value, affecting insider ownership by 40,127. Preceding that transaction, on Mar 10, Company’s official below. bought 36,765 for 5.55, making the whole transaction’s value amount to 203,873. This particular insider is now the holder of 44,754 in total.
ZimVie Inc. (ZIMV) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2022, the company posted $0.49 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.27) by $0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
ZimVie Inc.’s EPS increase for this current 12-month fiscal period is 32.90% and is forecasted to reach 0.69 in the upcoming year.
ZimVie Inc. (NASDAQ: ZIMV) Trading Performance Indicators
Let’s observe the current performance indicators for ZimVie Inc. (ZIMV). It’s Quick Ratio in the last reported quarter now stands at 1.40. The Stock has managed to achieve an average true range (ATR) of 0.84. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.19.
In the same vein, ZIMV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.45, a figure that is expected to reach 0.06 in the next quarter, and analysts are predicting that it will be 0.69 at the market close of one year from today.
Technical Analysis of ZimVie Inc. (ZIMV)
Through scrutinizing the latest numbers posted by the [ZimVie Inc., ZIMV], it can be observed that its last 5-days Average volume of 1.66 million was better the volume of 0.77 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 69.31% While, its Average True Range was 0.81.
Raw Stochastic average of ZimVie Inc. (ZIMV) in the period of the previous 100 days is set at 19.89%, which indicates a major fall in contrast to 21.23% 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 261.77% that was higher than 128.25% volatility it exhibited in the past 100-days period.