ReShape Lifesciences Inc (NASDAQ: RSLS) flaunted slowness of -5.74% at $0.33, as the Stock market unbolted on Thursday, before settling in for the price of $0.35 at the close. Taking a more long-term approach, RSLS posted a 52-week range of $0.30-$29.00.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 43.37% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 80.05%. This publicly-traded company’s shares outstanding now amounts to $11.28 million, simultaneously with a float of $9.24 million. The organization now has a market capitalization sitting at $3.76 million. At the time of writing, stock’s 50-day Moving Average stood at $0.5663, while the 200-day Moving Average is $4.7863.
ReShape Lifesciences Inc (RSLS) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the ReShape Lifesciences Inc industry. ReShape Lifesciences Inc’s current insider ownership accounts for 18.08%, in contrast to 0.30% institutional ownership. According to the most recent insider trade that took place on May 31 ’24, this organization’s Chief Financial Officer sold 48 shares at the rate of 0.25, making the entire transaction reach 12 in total value, affecting insider ownership by 22,777.
ReShape Lifesciences Inc (NASDAQ: RSLS) Trading Performance Indicators
Let’s observe the current performance indicators for ReShape Lifesciences Inc (RSLS). It’s Quick Ratio in the last reported quarter now stands at 0.43. The Stock has managed to achieve an average true range (ATR) of 0.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.47.
In the same vein, RSLS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -14.61.
Technical Analysis of ReShape Lifesciences Inc (RSLS)
Now, what If we examine the latest scores posted by [ReShape Lifesciences Inc, RSLS]. During the last 5-days, its volume was better the volume of 12.87 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 21.90% While, its Average True Range was 0.0970.
Raw Stochastic average of ReShape Lifesciences Inc (RSLS) in the period of the previous 100 days is set at 0.68%, which indicates a major fall in contrast to 3.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 167.83% that was lower than 367.38% volatility it exhibited in the past 100-days period.
