A new trading day began on Monday, with PAVmed Inc (NASDAQ: PAVM) stock price up 9.67% from the previous day of trading, before settling in for the closing price of $0.41. PAVM’s price has ranged from $0.30 to $1.25 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged -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
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 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
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.54 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
Here are PAVmed Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.72.
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)
The latest stats from [PAVmed Inc, PAVM] show that its last 5-days average volume of 1.06 million was superior to 0.24 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 17.09%.
During the past 100 days, PAVmed Inc’s (PAVM) raw stochastic average was set at 37.28%, which indicates a significant increase from 25.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0591 in the past 14 days, which was higher than the 0.0393 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4540, while its 200-day Moving Average is $0.6019. Now, the first resistance to watch is $0.4807. This is followed by the second major resistance level at $0.5136. The third major resistance level sits at $0.5472. If the price goes on to break the first support level at $0.4142, it is likely to go to the next support level at $0.3806. The third support level lies at $0.3477 if the price breaches the second support level.
PAVmed Inc (NASDAQ: PAVM) Key Stats
With a market capitalization of 11.95 million, the company has a total of 21,933K Shares Outstanding. Currently, annual sales are 3,000 K while annual income is 39,790 K. The company’s previous quarter sales were 10 K while its latest quarter income was -11,920 K.
