Let’s look at the key reasons that are pushing Airsculpt Technologies Inc (AIRS) to new highs

On Friday, Airsculpt Technologies Inc (NASDAQ: AIRS) was 20.72% up from the session before settling in for the closing price of $7.19. A 52-week range for AIRS has been $2.92 – $8.30.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 51.82%. When this article was written, the company’s average yearly earnings per share was at -63.39%. With a float of $12.98 million, this company’s outstanding shares have now reached $57.36 million.

Considering the fact that the conglomerate employs 346 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 66.52%, operating margin of 4.87%, and the pretax margin is -1.03%.

Airsculpt Technologies Inc (AIRS) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Airsculpt Technologies Inc stocks. The insider ownership of Airsculpt Technologies Inc is 77.46%, while institutional ownership is 22.81%. The most recent insider transaction that took place on Sep 16 ’24, was worth 326,932.

Airsculpt Technologies Inc (AIRS) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -63.39% per share during the next fiscal year.

Airsculpt Technologies Inc (NASDAQ: AIRS) Trading Performance Indicators

You can see what Airsculpt Technologies Inc (AIRS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.20. Likewise, its price to free cash flow for the trailing twelve months is 502.91.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.21 in one year’s time.

Technical Analysis of Airsculpt Technologies Inc (AIRS)

Compared to the last year’s volume of 80864.0, its volume of 0.26 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 86.76%. Additionally, its Average True Range was 0.60.

During the past 100 days, Airsculpt Technologies Inc’s (AIRS) raw stochastic average was set at 96.64%, which indicates a significant increase from 94.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 116.00% in the past 14 days, which was higher than the 81.56% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.24, while its 200-day Moving Average is $5.16. Nevertheless, the first resistance level for the watch stands at $9.13 in the near term. At $9.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.28. If the price goes on to break the first support level at $7.98, it is likely to go to the next support level at $7.28. Now, if the price goes above the second support level, the third support stands at $6.83.

Airsculpt Technologies Inc (NASDAQ: AIRS) Key Stats

There are 57,592K outstanding shares of the company, which has a market capitalization of 603.50 million. As of now, sales total 195,920 K while income totals -4,480 K. Its latest quarter income was 51,000 K while its last quarter net income were -3,210 K.