During the recent session, Avinger Inc (NASDAQ:AVGR)’s traded shares were 0.54 million, with the beta value of the company hitting 1.19. At the last check today, the stock’s price was $0.57, reflecting an intraday loss of -4.70% or -$0.03. The 52-week high for the AVGR share is $5.45, that puts it down -856.14 from that peak though still a striking 36.84% gain since the share price plummeted to a 52-week low of $0.36. The company’s market capitalization is $1.89M, and the average intraday trading volume over the past 10 days was 4.6 million shares, and the average trade volume was 3.09 million shares over the past three months.
Avinger Inc (AVGR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. AVGR has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Avinger Inc (NASDAQ:AVGR) trade information
Avinger Inc (AVGR) registered a -4.70% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.70% in intraday trading to $0.57, hitting a weekly high. The stock’s 5-day price performance is 45.23%, and it has moved by -3.00% in 30 days. Based on these gigs, the overall price performance for the year is -80.68%. The short interest in Avinger Inc (NASDAQ:AVGR) is 0.12 million shares and it means that shorts have 0.22 day(s) to cover.
Avinger Inc (AVGR) estimates and forecasts
In the rating firms’ projections, revenue will decrease -5.91% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.86M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 3.1M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.91M and 1.86M respectively. In this case, analysts expect current quarter sales to shrink by -2.52% and then jump by 66.76% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 70.26%.
AVGR Dividends
Avinger Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Avinger Inc (NASDAQ:AVGR)’s Major holders
Avinger Inc insiders own 13.60% of total outstanding shares while institutional holders control 2.84%, with the float percentage being 3.28%.
Also, the Mutual Funds coming in first place with the largest holdings of Avinger Inc (AVGR) shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Extended Market Index Fund owns about 23.8 shares. This amounts to just over 0.72 percent of the company’s overall shares, with a $13188.0 market value. The same data shows that the other fund manager holds slightly less at 6.94, or about 0.21% of the stock, which is worth about $3844.0.
