The key reasons why Icecure Medical Ltd (ICCM) is -46.18% away from 52-week high?

Witnessing the stock’s movement on the chart, on Wednesday, Icecure Medical Ltd (NASDAQ: ICCM) set off with pace as it heaved 8.33% to $0.85, before settling in for the price of $0.78 at the close. Taking a more long-term approach, ICCM posted a 52-week range of $0.48-$1.57.

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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 33.95%. Meanwhile, its Annual Earning per share during the time was -0.26%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 13.54%. This publicly-traded company’s shares outstanding now amounts to $45.73 million, simultaneously with a float of $24.12 million. The organization now has a market capitalization sitting at $41.84 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6259, while the 200-day Moving Average is $0.9494.

Icecure Medical Ltd (ICCM) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Devices industry. Icecure Medical Ltd’s current insider ownership accounts for 51.28%, in contrast to 0.73% institutional ownership.

Icecure Medical Ltd (ICCM) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.

Icecure Medical Ltd’s EPS increase for this current 12-month fiscal period is 13.54% and is forecasted to reach -0.24 in the upcoming year.

Icecure Medical Ltd (NASDAQ: ICCM) Trading Performance Indicators

Let’s observe the current performance indicators for Icecure Medical Ltd (ICCM). It’s Quick Ratio in the last reported quarter now stands at 2.54. The Stock has managed to achieve an average true range (ATR) of 0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.53.

In the same vein, ICCM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.29, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.24 at the market close of one year from today.

Technical Analysis of Icecure Medical Ltd (ICCM)

Going through the that latest performance of [Icecure Medical Ltd, ICCM]. Its last 5-days volume of 1.26 million indicated improvement to the volume of 0.53 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 85.11% While, its Average True Range was 0.0707.

Raw Stochastic average of Icecure Medical Ltd (ICCM) in the period of the previous 100 days is set at 86.90%, which indicates a major rise in contrast to 85.89% 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 98.78% that was higher than 70.01% volatility it exhibited in the past 100-days period.