iRhythm Technologies Inc (NASDAQ: IRTC) started the day on Wednesday, with a price increase of 3.40% at $72.69, before settling in for the price of $70.30 at the close. Taking a more long-term approach, IRTC posted a 52-week range of $60.88-$124.11.
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The Healthcare sector firm’s twelve-monthly sales growth has been 27.64% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -13.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 29.27%. This publicly-traded company’s shares outstanding now amounts to $30.95 million, simultaneously with a float of $30.70 million. The organization now has a market capitalization sitting at $2.27 billion. At the time of writing, stock’s 50-day Moving Average stood at $75.88, while the 200-day Moving Average is $98.50.
iRhythm Technologies Inc (IRTC) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Medical Devices Industry. iRhythm Technologies Inc’s current insider ownership accounts for 1.70%, in contrast to 114.21% institutional ownership. According to the most recent insider trade that took place on Aug 09 ’24, this organization’s Chief Financial Officer sold 1,372 shares at the rate of 70.34, making the entire transaction reach 96,506 in total value, affecting insider ownership by 24,428. Preceding that transaction, on May 31 ’24, Company’s Chief Commercial Officer bought 280 for 74.98, making the whole transaction’s value amount to 20,994. This particular insider is now the holder of 40,145 in total.
iRhythm Technologies Inc (IRTC) Earnings and Revenue Records
iRhythm Technologies Inc’s EPS increase for this current 12-month fiscal period is 29.27% and is forecasted to reach -1.90 in the upcoming year.
iRhythm Technologies Inc (NASDAQ: IRTC) Trading Performance Indicators
Let’s observe the current performance indicators for iRhythm Technologies Inc (IRTC). It’s Quick Ratio in the last reported quarter now stands at 6.76. The Stock has managed to achieve an average true range (ATR) of 3.87. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.23.
In the same vein, IRTC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.26, a figure that is expected to reach -0.56 in the next quarter, and analysts are predicting that it will be -1.90 at the market close of one year from today.
Technical Analysis of iRhythm Technologies Inc (IRTC)
If we take a close look at the recent performances of iRhythm Technologies Inc (NASDAQ: IRTC), its last 5-days Average volume was 0.46 million that shows progress from its year to date volume of 0.44 million. During the previous 9 days, stock’s Stochastic %D was recorded 17.69% While, its Average True Range was 3.63.
Raw Stochastic average of iRhythm Technologies Inc (IRTC) in the period of the previous 100 days is set at 22.66%, which indicates a major fall in contrast to 67.10% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 43.81% that was lower than 55.28% volatility it exhibited in the past 100-days period.
