A new trading day began on Monday, with PAVmed Inc (NASDAQ: PAVM) stock price down -6.74% from the previous day of trading, before settling in for the closing price of $0.43. 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 $20.45 million, this company’s outstanding shares have now reached $26.68 million.
PAVmed Inc (PAVM) Insider Activity
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 8.60%. 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) Earnings and Forecasts
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 10.46.
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)
Compared to the last year’s volume of 0.25 million, its volume of 0.57 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 23.44%.
During the past 100 days, PAVmed Inc’s (PAVM) raw stochastic average was set at 24.88%, which indicates a significant increase from 10.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0431 in the past 14 days, which was higher than the 0.0395 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4530, while its 200-day Moving Average is $0.5970. Nevertheless, the first resistance level for the watch stands at $0.4308 in the near term. At $0.4617, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.4865. If the price goes on to break the first support level at $0.3751, it is likely to go to the next support level at $0.3503. Should the price break the second support level, the third support level stands at $0.3194.
PAVmed Inc (NASDAQ: PAVM) Key Stats
With a market capitalization of 10.67 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.
