On Tuesday, Staar Surgical Co. (NASDAQ: STAA) was -4.75% drop from the session before settling in for the closing price of $38.54. A 52-week range for STAA has been $26.66 – $52.68.
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A company in the Healthcare sector has jumped its sales by 21.55% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -27.85%. With a float of $48.79 million, this company’s outstanding shares have now reached $48.84 million.
In an organization with 1115 employees, it is important to assess its efficiency.
Staar Surgical Co. (STAA) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Staar Surgical Co. stocks. The insider ownership of Staar Surgical Co. is 0.80%, while institutional ownership is 97.87%. The most recent insider transaction that took place on May 09 ’24, was worth 43. In this transaction 10% Owner of this company bought 1 shares at a rate of $42.56, taking the stock ownership to the 10,768,431 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Director bought 1,750 for $38.11, making the entire transaction worth $66,692. This insider now owns 10,864 shares in total.
Staar Surgical Co. (STAA) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -27.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to 31.51% growth over the previous five years of trading.
Staar Surgical Co. (NASDAQ: STAA) Trading Performance Indicators
You can see what Staar Surgical Co. (STAA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.42. Likewise, its price to free cash flow for the trailing twelve months is 133.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.34, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.79 in one year’s time.
Technical Analysis of Staar Surgical Co. (STAA)
Let’s dig in a bit further. During the last 5-days, its volume was 1.56 million. That was better than the volume of 0.71 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.21%. Additionally, its Average True Range was 2.64.
During the past 100 days, Staar Surgical Co.’s (STAA) raw stochastic average was set at 9.05%, which indicates a significant decrease from 21.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.92% in the past 14 days, which was higher than the 59.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.76, while its 200-day Moving Average is $37.86. However, in the short run, Staar Surgical Co.’s stock first resistance to watch stands at $38.95. Second resistance stands at $41.19. The third major resistance level sits at $43.03. If the price goes on to break the first support level at $34.87, it is likely to go to the next support level at $33.03. The third support level lies at $30.79 if the price breaches the second support level.
Staar Surgical Co. (NASDAQ: STAA) Key Stats
There are 49,131K outstanding shares of the company, which has a market capitalization of 1.81 billion. As of now, sales total 322,420 K while income totals 21,350 K. Its latest quarter income was 99,010 K while its last quarter net income were 7,380 K.
