Avinger Inc (NASDAQ:AVGR) has a beta value of 1.18 and has seen 1.05 million shares traded in the last trading session. The company, currently valued at $1.68M, closed the last trade at $0.51 per share which meant it gained $0.03 on the day or 6.35% during that session. The AVGR stock price is -968.63% off its 52-week high price of $5.45 and 23.53% above the 52-week low of $0.39. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.25 million shares traded. The 3-month trading volume is 170.24K shares.
The consensus among analysts is that Avinger Inc (AVGR) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
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Avinger Inc (NASDAQ:AVGR) trade information
Sporting 6.35% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AVGR stock price touched $0.51 or saw a rise of 39.28%. Year-to-date, Avinger Inc shares have moved -81.28%, while the 5-day performance has seen it change -38.14%. Over the past 30 days, the shares of Avinger Inc (NASDAQ:AVGR) have changed -35.78%. Short interest in the company has seen 0.12 million shares shorted with days to cover at 0.22.
Avinger Inc (AVGR) estimates and forecasts
Figures show that Avinger Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -72.73% over the past 6 months, with this year growth rate of 79.88%, compared to 16.40% for the industry. Revenue growth from the last financial year stood is estimated to be -5.91%.
1 analysts offering their estimates for the company have set an average revenue estimate of 1.86M for the current quarter. 1 have an estimated revenue figure of 3.1M for the next ending quarter. Year-ago sales stood 1.91M and 1.86M respectively for this quarter and the next, and analysts expect sales will shrink by -2.52% for the current quarter and -5.91% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 70.26% over the past 5 years.
AVGR Dividends
Avinger Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Avinger Inc (NASDAQ:AVGR)’s Major holders
Insiders own 13.60% of the company shares, while shares held by institutions stand at 2.84% with a share float percentage of 3.28%. Investors are also buoyed by the number of investors in a company, with Avinger Inc having a total of 14.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 0.72% shares in the company for having 23.8 shares of worth $12074.0 while later fund manager owns 6.94 shares of worth $3520.0 as of Oct 31, 2024 , which makes it owner of about 0.21% of company’s outstanding stock.
