Neuronetics Inc (STIM) is gearing up for another turning point as it hit the volume of 0.74 million

Neuronetics Inc (NASDAQ: STIM) on Monday, soared 3.23% from the previous trading day, before settling in for the closing price of $3.10. Within the past 52 weeks, STIM’s price has moved between $0.52 and $5.07.

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

Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 4.56%. The company achieved an average annual earnings per share of -20.87%. With a float of $15.66 million, this company’s outstanding shares have now reached $30.32 million.

Considering the fact that the conglomerate employs 203 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 74.23%, operating margin of -37.85%, and the pretax margin is -50.09%.

Neuronetics Inc (STIM) Insider Activity

Observing investor behavior towards Diagnostics & Research industry stocks is more important than anything else. The insider ownership of Neuronetics Inc is 51.18%, while institutional ownership is 32.54%. The most recent insider transaction that took place on Oct 08 ’24, was worth 1,122. In this transaction EVP, CFO and Treasurer of this company sold 1,368 shares at a rate of $0.82, taking the stock ownership to the 497,408 shares. Before that another transaction happened on Oct 08 ’24, when Company’s EVP, GC, CCO and CS sold 1,541 for $0.82, making the entire transaction worth $1,264. This insider now owns 402,792 shares in total.

Neuronetics Inc (STIM) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -20.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.12% during the next five years compared to 17.12% growth over the previous five years of trading.

Neuronetics Inc (NASDAQ: STIM) Trading Performance Indicators

Neuronetics Inc (STIM) is currently performing well based on its current performance indicators. A quick ratio of 2.87 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 1.41.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.22, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.63 in one year’s time.

Technical Analysis of Neuronetics Inc (STIM)

Compared to the last year’s volume of 1.25 million, its volume of 1.71 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 69.98%. Additionally, its Average True Range was 0.34.

During the past 100 days, Neuronetics Inc’s (STIM) raw stochastic average was set at 84.54%, which indicates a significant increase from 71.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 112.55% in the past 14 days, which was lower than the 137.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.66, while its 200-day Moving Average is $1.65. Nevertheless, the first resistance level for the watch stands at $3.37 in the near term. At $3.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.79. If the price goes on to break the first support level at $2.95, it is likely to go to the next support level at $2.71. Should the price break the second support level, the third support level stands at $2.53.

Neuronetics Inc (NASDAQ: STIM) Key Stats

Market capitalization of the company is 102.62 million based on 30,348K outstanding shares. Right now, sales total 71,350 K and income totals -30,190 K. The company made 18,530 K in profit during its latest quarter, and -13,340 K in sales during its previous quarter.