Last month’s performance of 12.68% for Inspire Medical Systems Inc (INSP) is certainly impressive

Inspire Medical Systems Inc (NYSE: INSP) on Monday, soared 7.44% from the previous trading day, before settling in for the closing price of $196.88. Within the past 52 weeks, INSP’s price has moved between $123.00 and $257.40.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 66.60%. The company achieved an average annual earnings per share of 203.56%. With a float of $29.23 million, this company’s outstanding shares have now reached $29.56 million.

The extent of productivity of a business whose workforce counts for 1011 workers is very important to gauge. In terms of profitability, gross margin is 84.83%, operating margin of -2.03%, and the pretax margin is 1.21%.

Inspire Medical Systems Inc (INSP) Insider and Institutional Ownership

Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Inspire Medical Systems Inc is 1.97%, while institutional ownership is 107.84%. The most recent insider transaction that took place on Sep 09 ’24, was worth 176,000. Before that another transaction happened on Sep 09 ’24, when Company’s Officer proposed sale 31 for $215.00, making the entire transaction worth $6,665.

Inspire Medical Systems Inc (INSP) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 203.56% per share during the next fiscal year.

Inspire Medical Systems Inc (NYSE: INSP) Trading Performance Indicators

Inspire Medical Systems Inc (INSP) is currently performing well based on its current performance indicators. A quick ratio of 8.35 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 8.94.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 1.39 in one year’s time.

Technical Analysis of Inspire Medical Systems Inc (INSP)

The latest stats from [Inspire Medical Systems Inc, INSP] show that its last 5-days average volume of 0.7 million was superior to 0.59 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 82.30%. Additionally, its Average True Range was 9.71.

During the past 100 days, Inspire Medical Systems Inc’s (INSP) raw stochastic average was set at 65.86%, which indicates a significant decrease from 72.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.52% in the past 14 days, which was lower than the 95.33% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $162.47, while its 200-day Moving Average is $182.39. Now, the first resistance to watch is $221.21. This is followed by the second major resistance level at $230.91. The third major resistance level sits at $236.82. If the price goes on to break the first support level at $205.61, it is likely to go to the next support level at $199.70. The third support level lies at $190.01 if the price breaches the second support level.

Inspire Medical Systems Inc (NYSE: INSP) Key Stats

Market capitalization of the company is 6.31 billion based on 29,711K outstanding shares. Right now, sales total 624,800 K and income totals -21,150 K. The company made 195,890 K in profit during its latest quarter, and 9,790 K in sales during its previous quarter.