Beamr Imaging Ltd (NASDAQ: BMR): Stock Forecast For 2024 Remains Weak With A Downward Revision Of 35.3%

In today’s recent session, 1.06 million shares of the Beamr Imaging Ltd (NASDAQ:BMR) have been traded, and its beta is 3.78. Most recently the company’s share price was $5.62, and it changed around -$0.17 or -2.85% from the last close, which brings the market valuation of the company to $87.24M. BMR at last check was trading at a discount to its 52-week high of $34.94, offering almost -521.71% off that amount. The share price’s 52-week low was $1.37, which indicates that the recent value has risen by an impressive 75.62% since then. We note from Beamr Imaging Ltd’s average daily trading volume that its 10-day average is 0.73 million shares, with the 3-month average coming to 295.63K.

Beamr Imaging Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended BMR as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Beamr Imaging Ltd is expected to report earnings per share of 0 for the current quarter.

Beamr Imaging Ltd (NASDAQ:BMR) trade information

Instantly BMR has been showing red trend so far today with a performance of -2.85% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.59 on recent trading dayincreased the stock’s daily price by 14.72%. The company’s shares are currently up 287.93% year-to-date, but still up 55.39% over the last five days. On the other hand, Beamr Imaging Ltd (NASDAQ:BMR) is 72.02% up in the 30-day period. We can see from the shorts that 0.62 million shares have been sold at a short interest cover period of 1.94 day(s).