Catheter Precision Inc. (AMEX:VTAK) 160.00% Up Over The Last Seven Days. Can The Stock Hit Well Above $0.5600?

In last trading session, Catheter Precision Inc. (AMEX:VTAK) saw 177.17 million shares changing hands with its beta currently measuring -0.38. Company’s recent per share price level of $0.91 trading at $0.47 or 106.49% at ring of the bell on the day assigns it a market valuation of $2.55M. That closing price of VTAK’s stock is at a discount of -823.08% from its 52-week high price of $8.40 and is indicating a premium of 65.93% from its 52-week low price of $0.31. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.29 million shares which gives us an average trading volume of 409.49K if we extend that period to 3-months.

Catheter Precision Inc. (AMEX:VTAK) trade information

Upright in the green during last session for gaining 106.49%, in the last five days VTAK remained trading in the green while hitting it’s week-highest on Friday, 10/18/24 when the stock touched $0.91 price level, adding 47.7% to its value on the day. Catheter Precision Inc.’s shares saw a change of -77.49% in year-to-date performance and have moved 160.00% in past 5-day. Catheter Precision Inc. (AMEX:VTAK) showed a performance of 95.70% in past 30-days. Number of shares sold short was 46547.0 shares which calculate 0.1 days to cover the short interests.

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Catheter Precision Inc. (VTAK) estimates and forecasts

Statistics highlight that Catheter Precision Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -79.38% of value to its shares in past 6 months, showing an annual growth rate of 92.80% while that of industry is 13.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 621.70% 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 1.06M for the same. And 1 analysts are in estimates of company making revenue of 1.66M in the next quarter. Company posted 133k and 128k 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 66.41% during past 5 years.

Catheter Precision Inc. (AMEX:VTAK)’s Major holders

Insiders are in possession of 16.78% of company’s total shares while institution are holding 2.53 percent of that, with stock having share float percentage of 3.04%. Investors also watch the number of corporate investors in a company very closely, which is 2.53% institutions for Catheter Precision Inc. that are currently holding shares of the company.