Senseonics Holdings Inc (AMEX:SENS) Share Price Recovers 11.11% From Its Lows, But Can It Maintain Its Rise?

In last trading session, Senseonics Holdings Inc (AMEX:SENS) saw 3.03 million shares changing hands with its beta currently measuring 0.79. Company’s recent per share price level of $0.36 trading at $0.01 or 0.91% at ring of the bell on the day assigns it a market valuation of $190.23M. That closing price of SENS’s stock is at a discount of -108.33% from its 52-week high price of $0.75 and is indicating a premium of 11.11% from its 52-week low price of $0.32. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.99 million shares which gives us an average trading volume of 3.62 million if we extend that period to 3-months.

For Senseonics Holdings Inc (SENS), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.

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Senseonics Holdings Inc (AMEX:SENS) trade information

Upright in the green during last session for gaining 0.91%, in the last five days SENS remained trading in the green while hitting it’s week-highest on Monday, 10/14/24 when the stock touched $0.36 price level, adding 6.49% to its value on the day. Senseonics Holdings Inc’s shares saw a change of -37.70% in year-to-date performance and have moved 4.75% in past 5-day. Senseonics Holdings Inc (AMEX:SENS) showed a performance of -18.42% in past 30-days. Number of shares sold short was 52.28 million shares which calculate 7.51 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 88.0% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -733.33% in reaching the projected high whereas dropping to the targeted low would mean a loss of -733.33% for stock’s current value.

Senseonics Holdings Inc (SENS) estimates and forecasts

Statistics highlight that Senseonics Holdings Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -11.69% of value to its shares in past 6 months, showing an annual growth rate of -18.18% while that of industry is 24.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -0.90% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.08M for the same. And 5 analysts are in estimates of company making revenue of 8.18M 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 29.18% during past 5 years.

Senseonics Holdings Inc (AMEX:SENS)’s Major holders

Insiders are in possession of 7.03% of company’s total shares while institution are holding 11.03 percent of that, with stock having share float percentage of 11.86%. Investors also watch the number of corporate investors in a company very closely, which is 11.03% institutions for Senseonics Holdings Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at SENS for having 23.19 million shares of worth $9.25 million. And as of 2024-06-30, it was holding 3.7729 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 8.32 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.3539 of outstanding shares, having a total worth of $3.32 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 13.15 shares of worth $4.67 million or 2.46% of the total outstanding shares. The later fund manager was in possession of 7.94 shares on Jun 30, 2024 , making its stake of worth around $2.82 million in the company or a holder of 1.48% of company’s stock.