PAVmed Inc (NASDAQ: PAVM) on Tuesday, soared 7.98% from the previous trading day, before settling in for the closing price of $0.45. Within the past 52 weeks, PAVM’s price has moved between $0.30 and $1.29.
The company achieved an average annual earnings per share of -102.92%. With a float of $16.56 million, this company’s outstanding shares have now reached $20.14 million.
PAVmed Inc (PAVM) Insider and Institutional Ownership
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of PAVmed Inc is 23.36%, while institutional ownership is 10.62%. The most recent insider transaction that took place on Dec 12 ’24, was worth 7,380. Before that another transaction happened on Dec 09 ’24, when Company’s Director proposed sale 38,095 for $0.86, making the entire transaction worth $32,739.
PAVmed Inc (PAVM) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.54 earnings per share (EPS) for the period topping the consensus outlook (set at -1.3) by 0.76. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -102.92% per share during the next fiscal year.
PAVmed Inc (NASDAQ: PAVM) Trading Performance Indicators
PAVmed Inc (PAVM) is currently performing well based on its current performance indicators. A quick ratio of 0.52 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 10.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.16, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.80 in one year’s time.
Technical Analysis of PAVmed Inc (PAVM)
Let’s dig in a bit further. During the last 5-days, its volume was 0.35 million. That was better than the volume of 0.2 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.40%.
During the past 100 days, PAVmed Inc’s (PAVM) raw stochastic average was set at 38.97%, which indicates a significant decrease from 64.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0297 in the past 14 days, which was lower than the 0.0381 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4552, while its 200-day Moving Average is $0.6125. However, in the short run, PAVmed Inc’s stock first resistance to watch stands at $0.5229. Second resistance stands at $0.5603. The third major resistance level sits at $0.5905. If the price goes on to break the first support level at $0.4553, it is likely to go to the next support level at $0.4251. The third support level lies at $0.3877 if the price breaches the second support level.
PAVmed Inc (NASDAQ: PAVM) Key Stats
Market capitalization of the company is 10.50 million based on 21,933K outstanding shares. Right now, sales total 3,000 K and income totals 39,790 K. The company made 10 K in profit during its latest quarter, and -11,920 K in sales during its previous quarter.
