After Jumping 7.41% During The Past Week, Should You Still Buy Myomo Inc (AMEX: MYO)?


Myomo Inc (AMEX:MYO)’s traded shares stood at 0.32 million during the last session, with the company’s beta value hitting 1.55. At the close of trading, the stock’s price was $3.19, to imply an increase of 13.12% or $0.37 in intraday trading. The MYO share’s 52-week high remains $5.58, putting it -74.92% down since that peak but still an impressive 88.4% since price per share fell to its 52-week low of $0.37. The company has a valuation of $90.88M, with an average of 333.84K shares over the past 3 months.

Myomo Inc (AMEX:MYO) trade information

After registering a 13.12% upside in the last session, Myomo Inc (MYO) has traded red over the past five days. The stock hit a weekly high of 3.24, jumping 13.12% in its intraday price action. The 5-day price performance for the stock is 7.41%, and -11.88% over 30 days. With these gigs, the year-to-date price performance is -36.33%.

Myomo Inc (MYO) estimates and forecasts

Looking at statistics comparing Myomo Inc share performance against respective industry, we note that the company has outperformed competitors. Myomo Inc (MYO) shares are 139.85% up over the last 6 months, with its year-to-date growth rate higher than industry average at 35.71% against 18.50%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 59.45% for the past 5-year period. While 2024 is set for a 23.81% return in earnings, projections for the next 5 years are at -0.47% annually.

MYO Dividends

Myomo Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Myomo Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.