Icecure Medical Ltd (NASDAQ: ICCM) on Friday, soared 3.92% from the previous trading day, before settling in for the closing price of $1.02. Within the past 52 weeks, ICCM’s price has moved between $0.48 and $1.66.
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A company in the Healthcare sector has jumped its sales by 25.64% annually for the last half of the decade. The company achieved an average annual earnings per share of 20.00%. With a float of $29.11 million, this company’s outstanding shares have now reached $56.57 million.
In an organization with 72 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 44.11%, operating margin of -476.91%, and the pretax margin is -465.41%.
Icecure Medical Ltd (ICCM) Insider Updates
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Icecure Medical Ltd is 48.54%, while institutional ownership is 0.23%.
Icecure Medical Ltd (ICCM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.00% per share during the next fiscal year.
Icecure Medical Ltd (NASDAQ: ICCM) Trading Performance Indicators
Icecure Medical Ltd (ICCM) is currently performing well based on its current performance indicators. A quick ratio of 1.59 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 18.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.15 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 0.1 million. That was inferior than the volume of 0.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 77.97%. Additionally, its Average True Range was 0.07.
During the past 100 days, Icecure Medical Ltd’s (ICCM) raw stochastic average was set at 19.28%, which indicates a significant decrease from 76.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.10% in the past 14 days, which was lower than the 67.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1529, while its 200-day Moving Average is $0.9681. However, in the short run, Icecure Medical Ltd’s stock first resistance to watch stands at $1.0800. Second resistance stands at $1.1000. The third major resistance level sits at $1.1400. If the price goes on to break the first support level at $1.0200, it is likely to go to the next support level at $0.9800. Assuming the price breaks the second support level, the third support level stands at $0.9600.
Icecure Medical Ltd (NASDAQ: ICCM) Key Stats
Market capitalization of the company is 59.96 million based on 55,502K outstanding shares. Right now, sales total 3,290 K and income totals -15,320 K. The company made 880 K in profit during its latest quarter, and -4,480 K in sales during its previous quarter.
