During the last session, InspireMD, Inc. (NYSE:NSPR)’s traded shares were 3,160,000,000, with the beta value of the company hitting 1.99. At the end of the trading day, the stock’s price was $0.63, reflecting an intraday loss of -1.44% or -$0.01. The 52-week high for the NSPR share is $1.48, that puts it down -134.92% from that peak though still a striking +55.56% gain since the share price plummeted to a 52-week low of $0.28. The company’s market capitalization is $74.76 Million, and the average intraday trading volume over the past 10 days was 2.52 Million shares, and the average trade volume was 18.52 Million shares over the past three months.
InspireMD, Inc. (NSPR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2. NSPR has a Sell rating from none of the analyst(s) out of 1 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 1 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.04.
InspireMD, Inc. (NYSE:NSPR): Trading Information
InspireMD, Inc. (NSPR) registered a -1.44% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 8.31% in intraday trading to $0.692 this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is -0.89%, and it has moved by -13.18% in 30 days. Despite these dips, the overall price performance for the year is 86.12%. The short interest in InspireMD, Inc. (NYSE:NSPR) is 1.62 Million shares and it means that shorts have 0.09 day(s) to cover.
The consensus price target of analysts on Wall Street is $1.05, which implies an increase of 66.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.05 and $1.05 respectively. As a result, NSPR is trading at a discount of 66.67% off the target high and 66.67% off the low.
InspireMD, Inc. (NSPR) projections and forecasts
Statistics show that InspireMD, Inc. has outperformed its competitors in share price, compared to the industry in which it operates. InspireMD, Inc. (NSPR) shares have gone up +89.4% during the last six months. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 90.7% this quarter and then jump 80% in the quarter after that. In the rating firms’ projections, revenue will increase 93.2% compared to the previous financial year.
Revenue for the current quarter is expected to be $900Million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $1.1 Million by the end of June 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarter totaled $1.03 Million. In this case, analysts expect current quarter sales to lessen by -13%.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return 90.3% in 2021, the next five years will return 0% per annum.
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InspireMD, Inc. (NYSE:NSPR)’s Biggest Investors
InspireMD, Inc. insiders own 2.79% of total outstanding shares while institutional holders control 11.16%, with the float percentage being 11.48%. Renaissance Technologies, LLC is the largest shareholder of the company, while 14 institutions own stock in it. As of Dec 30, 2020, the company held over 1.24 Million shares (or 1.05% of all shares), a total value of $423.77 Thousand in shares.
The next largest institutional holding, with 202.11 Thousand shares, is of Two Sigma Investments, LP’s that is approximately 0.17% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $68.9 Thousand.