On Friday, HeartBeam Inc (NASDAQ: BEAT) opened higher 27.55% from the last session, before settling in for the closing price of $0.6. Price fluctuations for BEAT have ranged from $0.54 to $3.48 over the past 52 weeks.
It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -61.91%. Company’s average yearly earnings per share was noted 13.70% at the time writing. With a float of $27.32 million, this company’s outstanding shares have now reached $34.34 million.
HeartBeam Inc (BEAT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Health Information Services industry is another important factor to consider. The insider ownership of HeartBeam Inc is 20.67%, while institutional ownership is 9.72%. The most recent insider transaction that took place on Feb 14 ’25, was worth 50,000. In this transaction Director of this company bought 29,412 shares at a rate of $1.70, taking the stock ownership to the 179,136 shares. Before that another transaction happened on Feb 14 ’25, when Company’s CFO bought 17,647 for $1.70, making the entire transaction worth $30,000. This insider now owns 17,647 shares in total.
HeartBeam Inc (BEAT) Latest Financial update
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -0.18 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.19) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.79% during the next five years compared to -61.91% drop over the previous five years of trading.
HeartBeam Inc (NASDAQ: BEAT) Trading Performance Indicators
Check out the current performance indicators for HeartBeam Inc (BEAT). In the past quarter, the stock posted a quick ratio of 0.86. For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.66, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.58 in one year’s time.
Technical Analysis of HeartBeam Inc (BEAT)
The latest stats from [HeartBeam Inc, BEAT] show that its last 5-days average volume of 24.28 million was superior to 0.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.46%.
During the past 100 days, HeartBeam Inc’s (BEAT) raw stochastic average was set at 15.49%, which indicates a significant decrease from 18.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.2004 in the past 14 days, which was higher than the 0.1223 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5801, while its 200-day Moving Average is $1.5828. Now, the first resistance to watch is $0.9006. This is followed by the second major resistance level at $1.0312. The third major resistance level sits at $1.1215. If the price goes on to break the first support level at $0.6797, it is likely to go to the next support level at $0.5894. The third support level lies at $0.4588 if the price breaches the second support level.
HeartBeam Inc (NASDAQ: BEAT) Key Stats
There are currently 34,444K shares outstanding in the company with a market cap of 26.52 million. Presently, the company’s annual sales total 0 K according to its annual income of -19,450 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -5,260 K.
