Motus GI Holdings Inc. (NASDAQ:MOTS) has a beta value of 0 and has seen 12,843,312 shares traded in the last trading session. The company, currently valued at $57.97 Million, closed the last trade at $1.24 per share which meant it lost -$0.15 on the day or -10.79% during that session. The MOTS stock price is -120.97% off its 52-week high price of $2.74 and 54.03% above the 52-week low of $0.57. If we look at the company’s 10-day average daily trading volume, we find that it stood at 738Million shares traded. The 3-month trading volume is 3.83 Million shares.
The consensus among analysts is that Motus GI Holdings Inc. (MOTS) is a Buy stock at the moment, with a recommendation rating of 1.5. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 6 have rated it as a Hold, with 6 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.1.
Motus GI Holdings Inc. (NASDAQ:MOTS) trade information
Despite being -10.79% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, Apr 30 when the MOTS stock price touched $1.62 or saw a rise of 23.46%. Year-to-date, Motus GI Holdings Inc. shares have moved 30.8%, while the 5-day performance has seen it change 8.77%. Over the past 30 days, the shares of Motus GI Holdings Inc. (NASDAQ:MOTS) have changed 3.33%. Short interest in the company has seen 3.41 Million shares shorted with days to cover at 0.89.
Wall Street analysts have a consensus price target for the stock at $2.42, which means that the shares’ value could jump 95.16% from current levels. The projected low price target is $2 while the price target rests at a high of $2.75. In that case, then, we find that the current price level is +121.77% off the targeted high while a plunge would see the stock lose 61.29% from current levels.
Motus GI Holdings Inc. (MOTS) estimates and forecasts
Figures show that Motus GI Holdings Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +64.24% over the past 6 months, with this year growth rate of 30%, compared to 10.4% for the industry. Other than that, the company has, however Increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 56.5% and 33.3% for the next quarter. Revenue growth from the last financial year stood is estimated to be +481.6%.
6 analysts offering their estimates for the company have set an average revenue estimate of $30Million for the current quarter. 6 have an estimated revenue figure of $60Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $28Million and $1Million respectively for this quarter and the next, and analysts expect sales will grow by 7.1% for the current quarter and 5900% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -9.3% over the past 5 years. Earnings growth for 2021 is a modest +34.7%.
Motus GI Holdings Inc. (NASDAQ:MOTS)’s Major holders
Insiders own 7.65% of the company shares, while shares held by institutions stand at 21.72% with a share float percentage of 23.52%. Investors are also buoyed by the number of investors in a company, with Motus GI Holdings Inc. having a total of 26 institutions that hold shares in the company. The top two institutional holders are Perceptive Advisors Llc with over 4.21 Million shares worth more than $3.99 Million. As of December 30, 2020, Perceptive Advisors Llc held 9.01% of shares outstanding.
The other major institutional holder is Oracle Investment Management Inc, with the holding of over 3.81 Million shares as of December 30, 2020. The firm’s total holdings are worth over $3.61 Million and represent 8.14% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of December 30, 2020, the former fund manager holds about 0.73% shares in the company for having 343367 shares of worth $325.51 Thousand while later fund manager owns 121.78 Thousand shares of worth $176.58 Thousand as of February 27, 2021, which makes it owner of about 0.26% of company’s outstanding stock.