In last trading session, Icecure Medical Ltd (NASDAQ:ICCM) saw 1.02 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.82 trading at $0.03 or 3.81% at ring of the bell on the day assigns it a market valuation of $40.61M. That closing price of ICCM’s stock is at a discount of -91.46% from its 52-week high price of $1.57 and is indicating a premium of 41.46% from its 52-week low price of $0.48. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.88 million shares which gives us an average trading volume of 633.86K if we extend that period to 3-months.
For Icecure Medical Ltd (ICCM), 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 1 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 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.07 in the current quarter.
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Icecure Medical Ltd (NASDAQ:ICCM) trade information
Upright in the green during last session for gaining 3.81%, in the last five days ICCM remained trading in the red while hitting it’s week-highest on Thursday, 10/31/24 when the stock touched $0.82 price level, adding 5.75% to its value on the day. Icecure Medical Ltd’s shares saw a change of -23.36% in year-to-date performance and have moved -2.95% in past 5-day. Icecure Medical Ltd (NASDAQ:ICCM) showed a performance of 38.51% in past 30-days. Number of shares sold short was 0.29 million shares which calculate 0.74 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5.75 to the stock, which implies a rise of 85.74% to its current value. Analysts have been projecting 5.75 as a low price target for the stock while placing it at a high target of 5.75. It follows that stock’s current price would drop -601.22% in reaching the projected high whereas dropping to the targeted low would mean a loss of -601.22% for stock’s current value.
Icecure Medical Ltd (ICCM) estimates and forecasts
Statistics highlight that Icecure Medical Ltd is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -29.91% of value to its shares in past 6 months, showing an annual growth rate of 15.63% while that of industry is 7.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 16.10% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 710k for the same. And 2 analysts are in estimates of company making revenue of 1.29M in the next quarter. Company posted 320k and 1.25M 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 -0.26% during past 5 years.
Icecure Medical Ltd (NASDAQ:ICCM)’s Major holders
CITADEL ADVISORS LLC is the top institutional holder at ICCM for having 0.17 million shares of worth $0.13 million. And as of 2024-06-30, it was holding 0.3627 of the company’s outstanding shares.
The second largest institutional holder is RENAISSANCE TECHNOLOGIES LLC, which was holding about 66400.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.1421 of outstanding shares, having a total worth of $49136.0.
