Neuronetics Inc (STIM)’s latest performance is not what we had anticipated

Neuronetics Inc (NASDAQ: STIM) kicked off on Friday, down -10.13% from the previous trading day, before settling in for the closing price of $0.79. Over the past 52 weeks, STIM has traded in a range of $0.52-$5.07.

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Annual sales at Healthcare sector company grew by 7.39% over the past five years. While this was happening, its average annual earnings per share was recorded -20.96%. With a float of $28.01 million, this company’s outstanding shares have now reached $29.09 million.

Let’s look at the performance matrix of the company that is accounted for 203 employees. In terms of profitability, gross margin is 74.23%, operating margin of -37.85%, and the pretax margin is -50.09%.

Neuronetics Inc (STIM) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Neuronetics Inc is 7.69%, while institutional ownership is 43.98%. The most recent insider transaction that took place on Oct 08 ’24, was worth 1,122. In this transaction EVP, CFO and Treasurer of this company sold 1,368 shares at a rate of $0.82, taking the stock ownership to the 497,408 shares. Before that another transaction happened on Oct 08 ’24, when Company’s EVP, GC, CCO and CS sold 1,541 for $0.82, making the entire transaction worth $1,264. This insider now owns 402,792 shares in total.

Neuronetics Inc (STIM) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -20.96% per share during the next fiscal year.

Neuronetics Inc (NASDAQ: STIM) Trading Performance Indicators

Take a look at Neuronetics Inc’s (STIM) current performance indicators. Last quarter, stock had a quick ratio of 2.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.27.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.22, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.67 in one year’s time.

Technical Analysis of Neuronetics Inc (STIM)

Neuronetics Inc (NASDAQ: STIM) saw its 5-day average volume 2.38 million, a positive change from its year-to-date volume of 0.3 million. As of the previous 9 days, the stock’s Stochastic %D was 26.94%. Additionally, its Average True Range was 0.13.

During the past 100 days, Neuronetics Inc’s (STIM) raw stochastic average was set at 12.42%, which indicates a significant decrease from 27.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 245.26% in the past 14 days, which was higher than the 180.41% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.8963, while its 200-day Moving Average is $2.2103. Nevertheless, the first resistance level for the watch stands at $0.7827 in the near term. At $0.8554, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9028. If the price goes on to break the first support level at $0.6626, it is likely to go to the next support level at $0.6152. Assuming the price breaks the second support level, the third support level stands at $0.5425.

Neuronetics Inc (NASDAQ: STIM) Key Stats

The company with the Market Capitalisation of 19.37 million has total of 30,348K Shares Outstanding. Its annual sales at the moment are 71,350 K in contrast with the sum of -30,190 K annual income. Company’s last quarter sales were recorded 16,450 K and last quarter income was -9,830 K.