A new trading day began on Monday, with Cutera Inc (NASDAQ: CUTR) stock price down -11.73% from the previous day of trading, before settling in for the closing price of $0.32. CUTR’s price has ranged from $0.31 to $4.97 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 8.56% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 5.96%. With a float of $19.59 million, this company’s outstanding shares have now reached $19.96 million.
In an organization with 430 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 15.2%, operating margin of -84.71%, and the pretax margin is -84.07%.
Cutera Inc (CUTR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Cutera Inc is 2.97%, while institutional ownership is 33.55%. The most recent insider transaction that took place on May 15 ’24, was worth 74,266. In this transaction EVP, Chief Technology Officer of this company sold 27,815 shares at a rate of $2.67, taking the stock ownership to the 24,940 shares. Before that another transaction happened on May 16 ’24, when Company’s EVP, Chief Technology Officer sold 24,940 for $2.59, making the entire transaction worth $64,595. This insider now owns 0 shares in total.
Cutera Inc (CUTR) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -1.35 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to -29.66% drop over the previous five years of trading.
Cutera Inc (NASDAQ: CUTR) Trading Performance Indicators
Here are Cutera Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.57, a number that is poised to hit -1.03 in the next quarter and is forecasted to reach -3.32 in one year’s time.
Technical Analysis of Cutera Inc (CUTR)
Let’s dig in a bit further. During the last 5-days, its volume was 0.44 million. That was inferior than the volume of 0.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 3.50%. Additionally, its Average True Range was 0.06.
During the past 100 days, Cutera Inc’s (CUTR) raw stochastic average was set at 0.33%, which indicates a significant decrease from 1.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 115.59% in the past 14 days, which was lower than the 117.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6484, while its 200-day Moving Average is $1.5020. However, in the short run, Cutera Inc’s stock first resistance to watch stands at $0.3131. Second resistance stands at $0.3402. The third major resistance level sits at $0.3564. If the price goes on to break the first support level at $0.2698, it is likely to go to the next support level at $0.2536. The third support level lies at $0.2265 if the price breaches the second support level.
Cutera Inc (NASDAQ: CUTR) Key Stats
With a market capitalization of 5.65 million, the company has a total of 20,186K Shares Outstanding. Currently, annual sales are 212,370 K while annual income is -162,830 K. The company’s previous quarter sales were 32,500 K while its latest quarter income was -39,020 K.
