A new trading day began on Tuesday, with Electromed Inc (AMEX: ELMD) stock price up 3.25% from the previous day of trading, before settling in for the closing price of $28.65. ELMD’s price has ranged from $9.81 to $31.31 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 11.92% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 34.48%. With a float of $6.66 million, this company’s outstanding shares have now reached $8.46 million.
In an organization with 174 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 76.62%, operating margin of 14.68%, and the pretax margin is 15.69%.
Electromed Inc (ELMD) 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 Electromed Inc is 21.27%, while institutional ownership is 35.83%. The most recent insider transaction that took place on Dec 05 ’24, was worth 1,052,752. In this transaction Director of this company sold 37,404 shares at a rate of $28.15, taking the stock ownership to the 146,827 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Director sold 35,436 for $30.18, making the entire transaction worth $1,069,458. This insider now owns 172,120 shares in total.
Electromed Inc (ELMD) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 20.42% growth over the previous five years of trading.
Electromed Inc (AMEX: ELMD) Trading Performance Indicators
Here are Electromed Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.38. Likewise, its price to free cash flow for the trailing twelve months is 21.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.73, a number that is poised to hit 0.18 in the next quarter
Technical Analysis of Electromed Inc (ELMD)
Let’s dig in a bit further. During the last 5-days, its volume was 94080.0. That was better than the volume of 48949.0 it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 63.87%. Additionally, its Average True Range was 1.37.
During the past 100 days, Electromed Inc’s (ELMD) raw stochastic average was set at 90.15%, which indicates a significant increase from 83.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.58% in the past 14 days, which was lower than the 47.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.67, while its 200-day Moving Average is $18.99. However, in the short run, Electromed Inc’s stock first resistance to watch stands at $30.12. Second resistance stands at $30.65. The third major resistance level sits at $31.39. If the price goes on to break the first support level at $28.85, it is likely to go to the next support level at $28.11. The third support level lies at $27.58 if the price breaches the second support level.
Electromed Inc (AMEX: ELMD) Key Stats
With a market capitalization of 250.19 million, the company has a total of 8,458K Shares Outstanding. Currently, annual sales are 54,720 K while annual income is 5,150 K. The company’s previous quarter sales were 14,670 K while its latest quarter income was 1,470 K.
