Helius Medical Technologies Inc (NASDAQ:HSDT) Shares Are Up 6.08 Percent In A Week – But Can The Gains Continue?

In recent trading session, Helius Medical Technologies Inc (NASDAQ:HSDT) saw 0.66 million shares changing hands at last check today with its beta currently measuring 1.59. Company’s recent per share price level of $0.85 trading at $0.1 or 13.20% at last check today assigns it a market valuation of $3.04M. That most recent trading price of HSDT’s stock is at a discount of -1194.12% from its 52-week high price of $11.00 and is indicating a premium of 23.53% from its 52-week low price of $0.65. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.27 million shares which gives us an average trading volume of 119.93K if we extend that period to 3-months.

For Helius Medical Technologies Inc (HSDT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -1.06 in the current quarter.

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Helius Medical Technologies Inc (NASDAQ:HSDT) trade information

Upright in the green today for gaining 13.20%, in the last five days HSDT remained trading in the green while hitting it’s week-highest on Tuesday, 09/03/24 when the stock touched $0.85 price level, adding 10.53% to its value on the day. Helius Medical Technologies Inc’s shares saw a change of -89.44% in year-to-date performance and have moved 6.08% in past 5-day. Helius Medical Technologies Inc (NASDAQ:HSDT) showed a performance of 19.12% in past 30-days. Number of shares sold short was 31313.0 shares which calculate 0.37 days to cover the short interests.

Helius Medical Technologies Inc (HSDT) estimates and forecasts

This year revenue growth is estimated to rise 13.40% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 150k for the same. And 1 analysts are in estimates of company making revenue of 270k in the next quarter. Company posted 143k and 134k of sales in current and next quarters respectively a year earlier.

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 63.34% during past 5 years.

Helius Medical Technologies Inc (NASDAQ:HSDT)’s Major holders

Insiders are in possession of 0.61% of company’s total shares while institution are holding 8.31 percent of that, with stock having share float percentage of 8.36%. Investors also watch the number of corporate investors in a company very closely, which is 8.31% institutions for Helius Medical Technologies Inc that are currently holding shares of the company.