In last trading session, HeartBeam Inc (NASDAQ:BEAT) saw 63715.0 shares changing hands with its beta currently measuring -0.90. Company’s recent per share price level of $2.85 trading at $0.05 or 1.79% at ring of the bell on the day assigns it a market valuation of $75.99M. That closing price of BEAT’s stock is at a discount of -18.95% from its 52-week high price of $3.39 and is indicating a premium of 62.81% from its 52-week low price of $1.06. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.13 million shares which gives us an average trading volume of 87.30K if we extend that period to 3-months.
For HeartBeam Inc (BEAT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. 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 in the current quarter.
HeartBeam Inc (NASDAQ:BEAT) trade information
Upright in the green during last session for gaining 1.79%, in the last five days BEAT remained trading in the green while hitting it’s week-highest on Thursday, 11/21/24 when the stock touched $2.85 price level, adding 8.36% to its value on the day. HeartBeam Inc’s shares saw a change of 21.28% in year-to-date performance and have moved 14.92% in past 5-day. HeartBeam Inc (NASDAQ:BEAT) showed a performance of 18.26% in past 30-days. Number of shares sold short was 0.13 million shares which calculate 1.64 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a rise of 71.5% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would drop -250.88% in reaching the projected high whereas dropping to the targeted low would mean a loss of -250.88% for stock’s current value.
HeartBeam Inc (BEAT) estimates and forecasts
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 -82.01% during past 5 years.
HeartBeam Inc (NASDAQ:BEAT)’s Major holders
Insiders are in possession of 29.25% of company’s total shares while institution are holding 8.73 percent of that, with stock having share float percentage of 12.34%. Investors also watch the number of corporate investors in a company very closely, which is 8.73% institutions for HeartBeam Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at BEAT for having 0.71 million shares of worth $1.83 million. And as of 2024-06-30, it was holding 2.6926 of the company’s outstanding shares.
The second largest institutional holder is SMITH, SALLEY & ASSOCIATES, which was holding about 0.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.943 of outstanding shares, having a total worth of $0.64 million.
