A new trading day began on Friday, with Staar Surgical Co. (NASDAQ: STAA) stock price up 8.04% from the previous day of trading, before settling in for the closing price of $29.97. STAA’s price has ranged from $26.66 to $52.68 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 21.55%. Meanwhile, its annual earnings per share averaged -29.08%. With a float of $48.78 million, this company’s outstanding shares have now reached $48.84 million.
The extent of productivity of a business whose workforce counts for 1115 workers is very important to gauge. In terms of profitability, gross margin is 79.24%, operating margin of 7.9%, and the pretax margin is 8.59%.
Staar Surgical Co. (STAA) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Staar Surgical Co. is 0.82%, while institutional ownership is 92.12%. The most recent insider transaction that took place on Aug 12 ’24, was worth 49,957. In this transaction Director of this company bought 1,315 shares at a rate of $37.99, taking the stock ownership to the 4,208 shares. Before that another transaction happened on May 09 ’24, when Company’s 10% Owner bought 1 for $42.56, making the entire transaction worth $43. This insider now owns 10,768,431 shares in total.
Staar Surgical Co. (STAA) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -29.08% 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
Here are Staar Surgical Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.78. Likewise, its price to free cash flow for the trailing twelve months is 117.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.34, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.77 in one year’s time.
Technical Analysis of Staar Surgical Co. (STAA)
The latest stats from [Staar Surgical Co., STAA] show that its last 5-days average volume of 0.75 million was superior to 0.7 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.90%. Additionally, its Average True Range was 1.69.
During the past 100 days, Staar Surgical Co.’s (STAA) raw stochastic average was set at 15.35%, which indicates a significant decrease from 70.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.74% in the past 14 days, which was lower than the 54.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.86, while its 200-day Moving Average is $37.55. Now, the first resistance to watch is $33.32. This is followed by the second major resistance level at $34.25. The third major resistance level sits at $35.85. If the price goes on to break the first support level at $30.79, it is likely to go to the next support level at $29.19. Assuming the price breaks the second support level, the third support level stands at $28.26.
Staar Surgical Co. (NASDAQ: STAA) Key Stats
With a market capitalization of 1.59 billion, the company has a total of 49,131K Shares Outstanding. Currently, annual sales are 322,420 K while annual income is 21,350 K. The company’s previous quarter sales were 99,010 K while its latest quarter income was 7,380 K.
