Stereotaxis Inc (STXS) kicked off at the price of $2.26: Venture capitalists have an exciting new opportunity

On Tuesday, Stereotaxis Inc (AMEX: STXS) opened higher 22.16% from the last session, before settling in for the closing price of $1.85. Price fluctuations for STXS have ranged from $1.40 to $3.29 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales slid by -0.48% over the last five years. Company’s average yearly earnings per share was noted 2.78% at the time writing. With a float of $69.83 million, this company’s outstanding shares have now reached $80.95 million.

The firm has a total of 122 workers. Let’s measure their productivity. In terms of profitability, gross margin is 59.28%, operating margin of -91.43%, and the pretax margin is -88.8%.

Stereotaxis Inc (STXS) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Medical Instruments & Supplies industry is another important factor to consider. The insider ownership of Stereotaxis Inc is 17.52%, while institutional ownership is 47.71%. The most recent insider transaction that took place on Aug 19 ’24, was worth 1,527. In this transaction Director of this company bought 812 shares at a rate of $1.88, taking the stock ownership to the 2,767,626 shares. Before that another transaction happened on Aug 20 ’24, when Company’s Director bought 442 for $1.88, making the entire transaction worth $831. This insider now owns 2,768,068 shares in total.

Stereotaxis Inc (STXS) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 2.78% per share during the next fiscal year.

Stereotaxis Inc (AMEX: STXS) Trading Performance Indicators

Check out the current performance indicators for Stereotaxis Inc (STXS). In the past quarter, the stock posted a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.19 in one year’s time.

Technical Analysis of Stereotaxis Inc (STXS)

Analysing the last 5-days average volume posted by the [Stereotaxis Inc, STXS], we can find that recorded value of 0.6 million was better than the volume posted last year of 0.29 million. As of the previous 9 days, the stock’s Stochastic %D was 46.67%. Additionally, its Average True Range was 0.11.

During the past 100 days, Stereotaxis Inc’s (STXS) raw stochastic average was set at 75.00%, which indicates a significant decrease from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.25% in the past 14 days, which was higher than the 60.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.0000, while its 200-day Moving Average is $2.1900. Now, the first resistance to watch is $2.4000. This is followed by the second major resistance level at $2.5500. The third major resistance level sits at $2.8300. If the price goes on to break the first support level at $1.9700, it is likely to go to the next support level at $1.6900. Now, if the price goes above the second support level, the third support stands at $1.5400.

Stereotaxis Inc (AMEX: STXS) Key Stats

There are currently 84,656K shares outstanding in the company with a market cap of 191.32 million. Presently, the company’s annual sales total 26,770 K according to its annual income of -20,710 K. Last quarter, the company’s sales amounted to 4,500 K and its income totaled -5,830 K.