In the last trading session, 1.66 million PAVmed Inc (NASDAQ:PAVM) shares changed hands as the company’s beta touched 0.69. With the company’s per share price at $0.64 changed hands at $0.06 or 10.82% during last session, the market valuation stood at $6.86M. PAVM’s last price was a discount, traded about -498.44% off its 52-week high of $3.83. The share price had its 52-week low at $0.58, which suggests the last value was 9.38% up since then. When we look at PAVmed Inc’s average trading volume, we note the 10-day average is 0.14 million shares, with the 3-month average coming to 66.57K.
PAVmed Inc (NASDAQ:PAVM) trade information
Instantly PAVM was in green as seen at the end of in last trading. With action -10.47%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -81.84%, with the 5-day performance at -10.47% in the red. However, in the 30-day time frame, PAVmed Inc (NASDAQ:PAVM) is -36.14% down. Looking at the short shares, we see there were 0.28 million shares sold at short interest cover period of 9.07 days.
PAVmed Inc (PAVM) estimates and forecasts
Data shows that the PAVmed Inc 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 -12.96% over the past 6 months, a 53.46% in annual growth rate that is considerably higher than the industry average of 15.90%. Year-over-year growth is forecast to reach 22.86% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 20k. 2 analysts are of the opinion that PAVmed Inc’s revenue for the current quarter will be 21k. The company’s revenue for the corresponding quarters a year ago was 1.05M and 1.01M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -98.09%. The estimates for the next quarter sales put growth at -97.92%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 6.21%. The 2024 estimates are for PAVmed Inc earnings to increase by 127.29%.
PAVM Dividends
PAVmed Inc is expected to release its next quarterly earnings report in January.
PAVmed Inc (NASDAQ:PAVM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.39% of PAVmed Inc shares while 14.59% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 16.29%.
