A new trading day began on Friday, with Icecure Medical Ltd (NASDAQ: ICCM) stock price remained unchanged from the previous day of trading, before settling in for the closing price of $1.22. ICCM’s price has ranged from $0.48 to $1.57 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 31.58% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 11.46%. With a float of $24.40 million, this company’s outstanding shares have now reached $54.78 million.
In an organization with 77 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 43.71%, operating margin of -394.94%, and the pretax margin is -374.2%.
Icecure Medical Ltd (ICCM) Insider Updates
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 Icecure Medical Ltd is 55.46%, while institutional ownership is 0.36%.
Icecure Medical Ltd (ICCM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.46% per share during the next fiscal year.
Icecure Medical Ltd (NASDAQ: ICCM) Trading Performance Indicators
Here are Icecure Medical Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.29, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.24 in one year’s time.
Technical Analysis of Icecure Medical Ltd (ICCM)
Let’s dig in a bit further. During the last 5-days, its volume was 0.36 million. That was inferior than the volume of 0.49 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.43%. Additionally, its Average True Range was 0.10.
During the past 100 days, Icecure Medical Ltd’s (ICCM) raw stochastic average was set at 77.08%, which indicates a significant increase from 43.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.41% in the past 14 days, which was higher than the 79.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9404, while its 200-day Moving Average is $0.8514. However, in the short run, Icecure Medical Ltd’s stock first resistance to watch stands at $1.2533. Second resistance stands at $1.2867. The third major resistance level sits at $1.3333. If the price goes on to break the first support level at $1.1733, it is likely to go to the next support level at $1.1267. Assuming the price breaks the second support level, the third support level stands at $1.0933.
Icecure Medical Ltd (NASDAQ: ICCM) Key Stats
With a market capitalization of 69.01 million, the company has a total of 55,502K Shares Outstanding. Currently, annual sales are 3,230 K while annual income is -14,650 K. The company’s previous quarter sales were 660 K while its latest quarter income was -4,150 K.
