On Monday, Cutera Inc (NASDAQ: CUTR) was -5.05% drop from the session before settling in for the closing price of $0.76. A 52-week range for CUTR has been $0.73 – $14.58.
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A company in the Healthcare sector has jumped its sales by 8.56% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 5.06%. With a float of $19.73 million, this company’s outstanding shares have now reached $19.96 million.
In an organization with 430 employees, it is important to assess its efficiency.
Cutera Inc (CUTR) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cutera Inc stocks. The insider ownership of Cutera Inc is 1.83%, while institutional ownership is 63.21%. The most recent insider transaction that took place on May 16 ’24, was worth 64,595. In this transaction EVP, Chief Technology Officer of this company sold 24,940 shares at a rate of $2.59, taking the stock ownership to the 0 shares. Before that another transaction happened on May 15 ’24, when Company’s EVP, Chief Technology Officer sold 27,815 for $2.67, making the entire transaction worth $74,266. This insider now owns 24,940 shares in total.
Cutera Inc (CUTR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 5.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to -29.66% drop over the previous five years of trading.
Cutera Inc (NASDAQ: CUTR) Trading Performance Indicators
You can see what Cutera Inc (CUTR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.86, a number that is poised to hit -1.14 in the next quarter and is forecasted to reach -3.86 in one year’s time.
Technical Analysis of Cutera Inc (CUTR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.31 million. That was better than the volume of 1.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.23%. Additionally, its Average True Range was 0.17.
During the past 100 days, Cutera Inc’s (CUTR) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 173.36% in the past 14 days, which was higher than the 132.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5204, while its 200-day Moving Average is $2.2243. However, in the short run, Cutera Inc’s stock first resistance to watch stands at $0.9007. Second resistance stands at $1.0797. The third major resistance level sits at $1.1692. If the price goes on to break the first support level at $0.6322, it is likely to go to the next support level at $0.5427. Assuming the price breaks the second support level, the third support level stands at $0.3637.
Cutera Inc (NASDAQ: CUTR) Key Stats
There are 20,098K outstanding shares of the company, which has a market capitalization of 14.51 million. As of now, sales total 212,370 K while income totals -162,830 K. Its latest quarter income was 38,790 K while its last quarter net income were -22,780 K.
