Analyzing iSpecimen Inc (NASDAQ: ISPC)’s Stock Performance and Future Prospects

In the latest trading session, 8.17 million iSpecimen Inc (NASDAQ:ISPC) shares changed hands as the company’s beta touched 1.59. With the company’s most recent per share price at $6.20 changing hands around $1.64 or 35.96% at last look, the market valuation stands at $4.03M. ISPC’s current price is a discount, trading about -135.48% off its 52-week high of $14.60. The share price had its 52-week low at $3.41, which suggests the last value was 45.0% up since then. When we look at iSpecimen Inc’s average trading volume, we note the 10-day average is 0.13 million shares, with the 3-month average coming to 131.11K.

iSpecimen Inc (NASDAQ:ISPC) trade information

Instantly ISPC is in green as seen in intraday trades today. With action 45.20%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -38.07%, with the 5-day performance at 45.20% in the green. However, in the 30-day time frame, iSpecimen Inc (NASDAQ:ISPC) is 37.78% up. Looking at the short shares, we see there were 64238.0 shares sold at short interest cover period of 0.25 days.

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iSpecimen Inc (ISPC) estimates and forecasts

Year-over-year growth is forecast to reach 11.60% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 2.95M. 1 analysts are of the opinion that iSpecimen Inc’s revenue for the current quarter will be 2.98M. The company’s revenue for the corresponding quarters a year ago was 2.78M and 2.58M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 6.20%. The estimates for the next quarter sales put growth at 15.70%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -8.55%.

ISPC Dividends

iSpecimen Inc is expected to release its next quarterly earnings report on 2024-Aug-06.

iSpecimen Inc (NASDAQ:ISPC)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 21.32% of iSpecimen Inc shares while 4.20% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 5.33%. There are 4.20% institutions holding the iSpecimen Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 0.6191% of the shares, roughly 56538.0 ISPC shares worth $17470.0.

HRT FINANCIAL LP holds the second largest percentage of outstanding shares, with 0.503% or 45935.0 shares worth $14000.0 as of 2024-06-30.

Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 1.8 shares estimated at $11117.0 under it, the former controlled 0.01% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.01% of the shares, roughly 1.47 shares worth around $9078.0.