In last trading session, iRhythm Technologies Inc (NASDAQ:IRTC) saw 0.88 million shares changing hands with its beta currently measuring 1.30. Company’s recent per share price level of $102.68 trading at -$8.2 or -7.40% at ring of the bell on the day assigns it a market valuation of $3.18B. That closing price of IRTC’s stock is at a discount of -30.94% from its 52-week high price of $134.45 and is indicating a premium of 31.59% from its 52-week low price of $70.24. Taking a look at company’s average trading volume volume of 461.93K if we extend that period to 3-months.
iRhythm Technologies Inc (NASDAQ:IRTC) trade information
Upright in the red during last session for losing -7.40%, in the last five days IRTC remained trading in the red while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $102.68 price level, adding 9.29% to its value on the day. iRhythm Technologies Inc’s shares saw a change of -4.07% in year-to-date performance and have moved -8.25% in past 5-day. iRhythm Technologies Inc (NASDAQ:IRTC) showed a performance of -4.31% in past 30-days.
iRhythm Technologies Inc (IRTC) estimates and forecasts
Statistics highlight that iRhythm Technologies Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 30.11% of value to its shares in past 6 months, showing an annual growth rate of 22.28% while that of industry is 20.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 18.00% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 146.45M for the same. And 11 analysts are in estimates of company making revenue of 147.87M in 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 -13.90% during past 5 years.
IRTC Dividends
iRhythm Technologies Inc is more likely to be releasing its next quarterly report in June 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.
