With 7.6% Distance From Low, Is Radius Health Inc. (NASDAQ:RDUS) Still Renewed For Growth? – Marketing Sentinel
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With 7.6% Distance From Low, Is Radius Health Inc. (NASDAQ:RDUS) Still Renewed For Growth?

In last trading session, Radius Health Inc. (NASDAQ:RDUS) saw 1.0 million shares changing hands with its beta currently measuring 1.08. Company’s recent per share price level of $6.45 trading at $0.09 or 1.42% at ring of the bell on the day assigns it a market valuation of $292.96M. That closing price of RDUS’s stock is at a discount of -305.58% from its 52-week high price of $26.16 and is indicating a premium of 7.6% from its 52-week low price of $5.96. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.36 million shares which gives us an average trading volume of 2.07 million if we extend that period to 3-months.

Radius Health Inc. (NASDAQ:RDUS) trade information

Upright in the green during last session for gaining 1.42%, in the last five days RDUS remained trading in the green while hitting it’s week-highest on Monday, 01/10/22 when the stock touched $6.45 price level, adding 9.54% to its value on the day. Radius Health Inc.’s shares saw a change of -6.79% in year-to-date performance and have moved 1.26% in past 5-day. Radius Health Inc. (NASDAQ:RDUS) showed a performance of -4.73% in past 30-days. Number of shares sold short was 6.6 million shares which calculate 4.79 days to cover the short interests.

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Radius Health Inc. (RDUS) estimates and forecasts

Statistics highlight that Radius Health Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -60.72% of value to its shares in past 6 months, showing an annual growth rate of 35.74% while that of industry is 16.80. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 41.30% in the current quarter and calculating 61.80% increase in the next quarter. This year revenue growth is estimated to fall -4.70% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $63.04 million for the same. And 3 analysts are in estimates of company making revenue of $65.86 million in the next quarter that will end on Mar 2022. Company posted $62.78 million and $60.38 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 0.40% while estimating it to be 9.10% for the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 1.70% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 18.70% while estimates for its earnings growth in next 5 years are of 29.60%.

RDUS Dividends

Radius Health Inc. is more likely to be releasing its next quarterly report between February 23 and February 28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Radius Health Inc. (NASDAQ:RDUS)’s Major holders

Insiders are in possession of 1.08% of company’s total shares while institution are holding 110.21 percent of that, with stock having share float percentage of 111.40%. Investors also watch the number of corporate investors in a company very closely, which is 110.21% institutions for Radius Health Inc. that are currently holding shares of the company. Bellevue Group AG is the top institutional holder at RDUS for having 7.77 million shares of worth $96.41 million. And as of Sep 29, 2021, it was holding 16.41% of the company’s outstanding shares.

The second largest institutional holder is Price (T.Rowe) Associates Inc, which was holding about 7.69 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 16.25% of outstanding shares, having a total worth of $95.45 million.

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On the other hand, Price (T.Rowe) Small Cap Stock Fund and SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 2.23 million shares of worth $27.66 million or 4.71% of the total outstanding shares. The later fund manager was in possession of 1.39 million shares on Sep 29, 2021, making its stake of worth around $17.25 million in the company or a holder of 2.94% of company’s stock.

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