A look at Stereotaxis Inc’s (STXS) recent performance gives investors their first glimpse of hope.

On Friday, Stereotaxis Inc (AMEX: STXS) opened higher 5.86% from the last session, before settling in for the closing price of $2.22. Price fluctuations for STXS have ranged from $1.66 to $3.29 over the past 52 weeks.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -0.48%. Company’s average yearly earnings per share was noted 0.93% at the time writing. With a float of $69.90 million, this company’s outstanding shares have now reached $84.71 million.

Considering the fact that the conglomerate employs 122 people, you should pay attention to its efficiency factor. 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

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 17.50%, 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

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

Check out the current performance indicators for Stereotaxis Inc (STXS). In the past quarter, the stock posted a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.38.

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)

Compared to the last year’s volume of 0.31 million, its volume of 0.5 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.71%. Additionally, its Average True Range was 0.15.

During the past 100 days, Stereotaxis Inc’s (STXS) raw stochastic average was set at 73.22%, which indicates a significant increase from 67.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.18% in the past 14 days, which was higher than the 66.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.08, while its 200-day Moving Average is $2.14. Nevertheless, the first resistance level for the watch stands at $2.41 in the near term. At $2.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.57. If the price goes on to break the first support level at $2.25, it is likely to go to the next support level at $2.14. Should the price break the second support level, the third support level stands at $2.09.

Stereotaxis Inc (AMEX: STXS) Key Stats

There are currently 84,730K shares outstanding in the company with a market cap of 210.77 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 9,200 K and its income totaled -6,190 K.