Hyperfine Inc (NASDAQ:HYPR)’s traded shares stood at 1.35 million during the last session, with the company’s beta value hitting 0.88. At the close of trading, the stock’s price was $1.71, to imply an increase of 5.56% or $0.09 in intraday trading. The HYPR share’s 52-week high remains $1.67, putting it 2.34% up since that peak but still an impressive 55.56% since price per share fell to its 52-week low of $0.76. The company has a valuation of $124.75M, with an average of 0.22 million shares in intraday trading volume over the past 10 days and average of 145.60K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Hyperfine Inc (HYPR), translating to a mean rating of 2.33. Of 4 analyst(s) looking at the stock, 0 analyst(s) give HYPR a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.14.
Hyperfine Inc (NASDAQ:HYPR) trade information
After registering a 5.56% upside in the last session, Hyperfine Inc (HYPR) has traded red over the past five days. The 5-day price performance for the stock is 71.00%, and 66.02% over 30 days. With these gigs, the year-to-date price performance is 94.32%. Short interest in Hyperfine Inc (NASDAQ:HYPR) saw shorts transact 1.56 million shares and set a 33.29 days time to cover.
The extremes give us $1.6 and $1.6 for target low and target high price respectively. As such, HYPR has been trading 6.43% off suggested target high and 6.43% from its likely low.
Hyperfine Inc (HYPR) estimates and forecasts
Looking at statistics comparing Hyperfine Inc share performance against respective industry, we note that the company has underperformed competitors. Hyperfine Inc (HYPR) shares are 52.68% up over the last 6 months, with its year-to-date growth rate lower than industry average at 8.06% against 16.60%. The rating firms project that company’s revenue will grow 29.93% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 3.77M.
HYPR Dividends
Hyperfine Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Hyperfine Inc (NASDAQ:HYPR)’s Major holders
Hyperfine Inc insiders hold 9.50% of total outstanding shares, with institutional holders owning 24.35% of the shares at 26.91% float percentage. In total, 24.35% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 3.18 million shares (or 4.4167% of shares), all amounting to roughly $2.7 million.
The next major institution holding the largest number of shares is FOSUN INTERNATIONAL LTD with 1.74 million shares, or about 2.4217% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.48 million.
