Stereotaxis Inc (STXS) average volume reaches $302.60K: Is Wall Street expecting a rally?

Stereotaxis Inc (AMEX: STXS) on Monday, soared 3.42% from the previous trading day, before settling in for the closing price of $2.34. Within the past 52 weeks, STXS’s price has moved between $1.63 and $3.29.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales drop of Healthcare Sector giant was -0.48%. The company achieved an average annual earnings per share of 0.93%. With a float of $69.90 million, this company’s outstanding shares have now reached $84.71 million.

Let’s determine the extent of company efficiency that accounts for 122 employees. In terms of profitability, gross margin is 56.14%, operating margin of -89.15%, and the pretax margin is -85.79%.

Stereotaxis Inc (STXS) Insider Activity

Observing investor behavior towards Medical Instruments & Supplies industry stocks is more important than anything else. The insider ownership of Stereotaxis Inc is 17.50%, while institutional ownership is 48.37%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 0.93% per share during the next fiscal year.

Stereotaxis Inc (AMEX: STXS) Trading Performance Indicators

Stereotaxis Inc (STXS) is currently performing well based on its current performance indicators. A quick ratio of 0.95 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.19 in one year’s time.

Technical Analysis of Stereotaxis Inc (STXS)

Looking closely at Stereotaxis Inc (AMEX: STXS), its last 5-days average volume was 0.39 million, which is a jump from its year-to-date volume of 0.31 million. As of the previous 9 days, the stock’s Stochastic %D was 62.64%. Additionally, its Average True Range was 0.14.

During the past 100 days, Stereotaxis Inc’s (STXS) raw stochastic average was set at 80.87%, which indicates a significant increase from 69.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.44% in the past 14 days, which was higher than the 65.77% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.05, while its 200-day Moving Average is $2.14. However, in the short run, Stereotaxis Inc’s stock first resistance to watch stands at $2.52. Second resistance stands at $2.63. The third major resistance level sits at $2.75. If the price goes on to break the first support level at $2.30, it is likely to go to the next support level at $2.18. Should the price break the second support level, the third support level stands at $2.08.

Stereotaxis Inc (AMEX: STXS) Key Stats

Market capitalization of the company is 219.09 million based on 84,730K outstanding shares. Right now, sales total 26,770 K and income totals -20,710 K. The company made 9,200 K in profit during its latest quarter, and -6,190 K in sales during its previous quarter.