In the latest trading session, 0.85 million Icecure Medical Ltd (NASDAQ:ICCM) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $0.59 changing hands around $0.06 or 10.32% at last look, the market valuation stands at $29.22M. ICCM’s current price is a discount, trading about -166.1% off its 52-week high of $1.57. The share price had its 52-week low at $0.48, which suggests the last value was 18.64% up since then. When we look at Icecure Medical Ltd’s average trading volume, we note the 10-day average is 0.41 million shares, with the 3-month average coming to 606.72K.
Analysts gave the Icecure Medical Ltd (ICCM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ICCM as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
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Icecure Medical Ltd (NASDAQ:ICCM) trade information
Instantly ICCM is in green as seen in intraday trades today. With action 0.02%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -44.85%, with the 5-day performance at 0.02% in the green. However, in the 30-day time frame, Icecure Medical Ltd (NASDAQ:ICCM) is -7.80% down. Looking at the short shares, we see there were 0.37 million shares sold at short interest cover period of 1.16 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5.75, meaning bulls need an upside of 89.74% from its recent market value. According to analyst projections, ICCM’s forecast low is 5.75 with 5.75 as the target high. To hit the forecast high, the stock’s price needs a -874.58% plunge from its current level, while the stock would need to soar -874.58% for it to hit the projected low.
Icecure Medical Ltd (ICCM) estimates and forecasts
Data shows that the Icecure Medical Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -51.63% over the past 6 months, a 15.63% in annual growth rate that is considerably higher than the industry average of 7.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.26%. The 2024 estimates are for Icecure Medical Ltd earnings to increase by 13.54%.
ICCM Dividends
Icecure Medical Ltd is expected to release its next quarterly earnings report on 2024-Aug-20.
Icecure Medical Ltd (NASDAQ:ICCM)’s Major holders
RENAISSANCE TECHNOLOGIES LLC holds the second largest percentage of outstanding shares, with 0.1421% or 66400.0 shares worth $49136.0 as of 2024-06-30.
