Inmode Ltd (NASDAQ: INMD) on Tuesday, plunged -0.40% from the previous trading day, before settling in for the closing price of $17.69. Within the past 52 weeks, INMD’s price has moved between $17.40 and $48.25.
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Annual sales at Healthcare sector company grew by 39.35% over the past five years. The company achieved an average annual earnings per share of -5.04%. With a float of $76.38 million, this company’s outstanding shares have now reached $83.98 million.
Let’s look at the performance matrix of the company that is accounted for 581 employees.
Inmode Ltd (INMD) Insider and Institutional Ownership
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Inmode Ltd is 9.73%, while institutional ownership is 63.26%.
Inmode Ltd (INMD) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 17.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.80% during the next five years compared to 47.29% growth over the previous five years of trading.
Inmode Ltd (NASDAQ: INMD) Trading Performance Indicators
Inmode Ltd (INMD) is currently performing well based on its current performance indicators. A quick ratio of 12.29 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 3.03. Likewise, its price to free cash flow for the trailing twelve months is 8.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.31, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 2.65 in one year’s time.
Technical Analysis of Inmode Ltd (INMD)
Inmode Ltd (NASDAQ: INMD) saw its 5-day average volume 1.9 million, a positive change from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 7.53%. Additionally, its Average True Range was 0.79.
During the past 100 days, Inmode Ltd’s (INMD) raw stochastic average was set at 3.47%, which indicates a significant decrease from 7.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.75% in the past 14 days, which was lower than the 48.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.55, while its 200-day Moving Average is $27.60. Nevertheless, the first resistance level for the watch stands at $17.90 in the near term. At $18.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.48. If the price goes on to break the first support level at $17.32, it is likely to go to the next support level at $17.01. The third support level lies at $16.74 if the price breaches the second support level.
Inmode Ltd (NASDAQ: INMD) Key Stats
Market capitalization of the company is 1.49 billion based on 83,982K outstanding shares. Right now, sales total 492,050 K and income totals 197,920 K. The company made 126,780 K in profit during its latest quarter, and 55,170 K in sales during its previous quarter.
