Titan Medical Inc. (NASDAQ:TMDI) has a beta value of 0 and has seen 1,129,151 shares traded in the recent trading session. The company, currently valued at $47.4 Million, closed the recent trade at $0.59 per share which meant it lost -$0.08 on the day or -11.32% during that session. The TMDI stock price is -288.14% off its 52-week high price of $2.29 and 79.66% above the 52-week low of $0.12. If we look at the company’s 10-day average daily trading volume, we find that it stood at 748.6 Million shares traded. The 3-month trading volume is 1.4 Million shares.
The consensus among analysts is that Titan Medical Inc. (TMDI) is a Hold stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight.
Titan Medical Inc. (NASDAQ:TMDI) trade information
Despite being -11.32% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Sep 09 when the TMDI stock price touched $0.78 or saw a rise of 24.41%. Year-to-date, Titan Medical Inc. shares have moved 19.11%, while the 5-day performance has seen it change -21.39%. Over the past 30 days, the shares of Titan Medical Inc. (NASDAQ:TMDI) have changed -20%. Short interest in the company has seen 983.56 Million shares shorted with days to cover at 702.54.
Wall Street analysts have a consensus price target for the stock at $1, which means that the shares’ value could jump 69.49% from current levels. The projected low price target is $1 while the price target rests at a high of $1. In that case, then, we find that the current price level is +69.49% off the targeted high while a plunge would see the stock lose 69.49% from current levels.
Titan Medical Inc. (TMDI) estimates and forecasts
Over the next 5 years, the company’s earnings are expected to increase by 0%.