On Monday, Surmodics, Inc (NASDAQ: SRDX) opened lower -6.76% from the last session, before settling in for the closing price of $38.44. Price fluctuations for SRDX have ranged from $25.17 to $42.44 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 5.69%. Company’s average yearly earnings per share was noted 25.00% at the time writing. With a float of $13.71 million, this company’s outstanding shares have now reached $14.32 million.
Considering the fact that the conglomerate employs 389 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 65.55%, operating margin of -4.48%, and the pretax margin is -5.95%.
Surmodics, Inc (SRDX) Insider Activity
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Surmodics, Inc is 4.09%, while institutional ownership is 83.92%. The most recent insider transaction that took place on Nov 26 ’24, was worth 276,453. In this transaction Chief Financial Officer of this company sold 7,009 shares at a rate of $39.44, taking the stock ownership to the 70,350 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Officer proposed sale 7,009 for $39.44, making the entire transaction worth $276,453.
Surmodics, Inc (SRDX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.00% per share during the next fiscal year.
Surmodics, Inc (NASDAQ: SRDX) Trading Performance Indicators
Check out the current performance indicators for Surmodics, Inc (SRDX). In the past quarter, the stock posted a quick ratio of 3.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.81, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach 0.28 in one year’s time.
Technical Analysis of Surmodics, Inc (SRDX)
Compared to the last year’s volume of 0.34 million, its volume of 0.39 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.58%. Additionally, its Average True Range was 0.72.
During the past 100 days, Surmodics, Inc’s (SRDX) raw stochastic average was set at 2.99%, which indicates a significant decrease from 3.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.98% in the past 14 days, which was higher than the 14.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.13, while its 200-day Moving Average is $37.78. Nevertheless, the first resistance level for the watch stands at $37.57 in the near term. At $39.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $40.23. If the price goes on to break the first support level at $34.91, it is likely to go to the next support level at $33.97. Should the price break the second support level, the third support level stands at $32.25.
Surmodics, Inc (NASDAQ: SRDX) Key Stats
There are currently 14,294K shares outstanding in the company with a market cap of 512.30 million. Presently, the company’s annual sales total 126,080 K according to its annual income of -11,540 K. Last quarter, the company’s sales amounted to 33,230 K and its income totaled -3,450 K.
