During the last session, Motus GI Holdings Inc. (NASDAQ:MOTS)’s traded shares were 1.71 million, with the beta value of the company hitting 2.02. At the end of the trading day, the stock’s price was $4.80, reflecting an intraday gain of 10.09% or $0.44. The 52-week high for the MOTS share is $18.94, that puts it down -294.58 from that peak though still a striking 19.79% gain since the share price plummeted to a 52-week low of $3.85. The company’s market capitalization is $14.16M, and the average intraday trading volume over the past 10 days was 65910.0 shares, and the average trade volume was 40.60K shares over the past three months.
Motus GI Holdings Inc. (MOTS) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.60. MOTS has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$2.01.
Motus GI Holdings Inc. (NASDAQ:MOTS) trade information
Motus GI Holdings Inc. (MOTS) registered a 10.09% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 10.09% in intraday trading to $4.80 this Wednesday, 08/03/22, hitting a weekly high. The stock’s 5-day price performance is 12.15%, and it has moved by -10.28% in 30 days. Based on these gigs, the overall price performance for the year is -73.34%. The short interest in Motus GI Holdings Inc. (NASDAQ:MOTS) is 0.11 million shares and it means that shorts have 4.7 day(s) to cover.
The consensus price target of analysts on Wall Street is $21.00, which implies an increase of 77.14% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11.00 and $28.00 respectively. As a result, MOTS is trading at a discount of -483.33% off the target high and -129.17% off the low.
Motus GI Holdings Inc. (MOTS) estimates and forecasts
Statistics show that Motus GI Holdings Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Motus GI Holdings Inc. (MOTS) shares have gone down -37.16% during the last six months, with a year-to-date growth rate less than the industry average at -7.63% against -0.80. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -0.50% this quarter and then drop -10.00% in the quarter after that. In the rating firms’ projections, revenue will increase 237.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $190k as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $380k by the end of Sep 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -0.80%. While earnings are projected to return 10.40% in 2022.
Motus GI Holdings Inc. is due to release its next quarterly earnings between March 14 and March 18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Motus GI Holdings Inc. (NASDAQ:MOTS)’s Major holders
Motus GI Holdings Inc. insiders own 4.25% of total outstanding shares while institutional holders control 6.21%, with the float percentage being 6.48%. Perceptive Advisors Llc is the largest shareholder of the company, while 24 institutions own stock in it. As of Mar 30, 2022, the company held over 90027.0 shares (or 0.16% of all shares), a total value of $0.65 million in shares.
The next largest institutional holding, with 24386.0 shares, is of Vanguard Group, Inc. (The)’s that is approximately 0.04% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $0.18 million.
Also, the Mutual Funds coming in first place with the largest holdings of Motus GI Holdings Inc. (MOTS) shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. Data provided on Mar 30, 2022 indicates that Vanguard Extended Market Index Fund owns about 23051.0 shares. This amounts to just over 0.04 percent of the company’s overall shares, with a $0.17 million market value. The same data shows that the other fund manager holds slightly less at 10938.0, or about 0.02% of the stock, which is worth about $61121.0.