Asensus Surgical Inc (AMEX: ASXC) Stock Forecast 2024: Profitable With Bullish Signals

In the last trading session, 1.12 million shares of the Asensus Surgical Inc (AMEX:ASXC) were traded, and its beta was 1.42. Most recently the company’s share price was $0.25, and it changed around $0.0 or -1.07% from the last close, which brings the market valuation of the company to $68.00M. ASXC currently trades at a discount to its 52-week high of $0.86, offering almost -244.0% off that amount. The share price’s 52-week low was $0.20, which indicates that the current value has risen by an impressive 20.0% since then. We note from Asensus Surgical Inc’s average daily trading volume that its 3-month average coming to 1.60 million.

Asensus Surgical Inc (AMEX:ASXC) trade information

Instantly ASXC has showed a red trend with a performance of -1.07% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -21.61% year-to-date, but still down -7.75% over the last five days. On the other hand, Asensus Surgical Inc (AMEX:ASXC) is -13.19% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $1.5, which translates to bulls needing to increase their stock price by 83.33% from its current value. Analyst projections state that ASXC is forecast to be at a low of $1.5 and a high of $1.5.

Asensus Surgical Inc (ASXC) estimates and forecasts

Asensus Surgical Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -1.38 percent over the past six months and at a 36.67% annual growth rate that is well above the industry average of 14.60%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 39.50%.

ASXC Dividends

Asensus Surgical Inc’s next quarterly earnings report is expected to be released around May 09 and May 13.