Assure Holdings Corp (NASDAQ: IONM) on November 20, 2023, started off the session at the price of $0.34, soaring 5.57% from the previous trading day. During the day, the shares moved up to $0.34 and dropped to $0.297 before settling in for the closing price of $0.29. Within the past 52 weeks, IONM’s price has moved between $0.20 and $10.00.
Healthcare Sector giant saw their annual sales surged by 119.86% over the last five years. With a float of $5.23 million, this company’s outstanding shares have now reached $5.42 million.
The firm has a total of 127 workers. Let’s measure their productivity. In terms of profitability, gross margin is -75.38, operating margin of -221.25, and the pretax margin is -272.50.
Assure Holdings Corp (IONM) Breakdown of a Key Holders of the stock
Observing investor behavior towards Medical Care Facilities industry stocks is more important than anything else. The insider ownership of Assure Holdings Corp is 3.50%, while institutional ownership is 1.76%. The most recent insider transaction that took place on Apr 11, was worth 7,579. In this transaction 10% Owner of this company sold 2,500 shares at a rate of $3.03, taking the stock ownership to the 175,025 shares. Before that another transaction happened on Apr 10, when Company’s Director sold 2,609 for $2.84, making the entire transaction worth $7,410. This insider now owns 250 shares in total.
Assure Holdings Corp (IONM) Recent Fiscal highlights
As on 6/29/2023, Multinational firm has announced its last quarter scores, in which it reported -$1.63 earnings per share (EPS) for the period topping the consensus outlook (set at -$1.87) by $0.24. This company achieved a net margin of -274.34 while generating a return on equity of -174.96. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
Assure Holdings Corp (NASDAQ: IONM) Trading Performance Indicators
Assure Holdings Corp (IONM) is currently performing well based on its current performance indicators. A quick ratio of 2.60 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -13.48
Technical Analysis of Assure Holdings Corp (IONM)
Analysing the last 5-days average volume posted by the [Assure Holdings Corp, IONM], we can find that recorded value of 2.31 million was better than the volume posted last year of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 43.31%. Additionally, its Average True Range was 0.06.
During the past 100 days, Assure Holdings Corp’s (IONM) raw stochastic average was set at 13.30%, which indicates a significant decrease from 25.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 117.85% in the past 14 days, which was lower than the 168.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2606, while its 200-day Moving Average is $1.7829. Now, the first resistance to watch is $0.3311. This is followed by the second major resistance level at $0.3570. The third major resistance level sits at $0.3741. If the price goes on to break the first support level at $0.2881, it is likely to go to the next support level at $0.2710. Now, if the price goes above the second support level, the third support stands at $0.2451.
Assure Holdings Corp (NASDAQ: IONM) Key Stats
Market capitalization of the company is 1.65 million based on 6,710K outstanding shares. Right now, sales total 10,980 K and income totals -30,110 K. The company made 1,540 K in profit during its latest quarter, and -5,260 K in sales during its previous quarter.