In the last trading session, 2.28 million shares of the Hyperfine Inc (NASDAQ:HYPR) were traded, and its beta was 0.96. Most recently the company’s share price was $0.66, and it changed around $0.12 or 21.15% from the last close, which brings the market valuation of the company to $51.38M. HYPR currently trades at a discount to its 52-week high of $1.90, offering almost -187.88% off that amount. The share price’s 52-week low was $0.53, which indicates that the current value has risen by an impressive 19.7% since then. We note from Hyperfine Inc’s average daily trading volume that its 10-day average is 0.66 million shares, with the 3-month average coming to 1.06 million.
Hyperfine Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended HYPR as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Hyperfine Inc (NASDAQ:HYPR) trade information
Instantly HYPR has showed a green trend with a performance of 21.15% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.6690 on recent trading dayincreased the stock’s daily price by 1.35%. The company’s shares are currently down -25.00% year-to-date, but still up 5.52% over the last five days. On the other hand, Hyperfine Inc (NASDAQ:HYPR) is -12.81% down in the 30-day period. We can see from the shorts that 1.39 million shares have been sold at a short interest cover period of 5.47 day(s).
The consensus price target as assigned by Wall Street analysts is $1.6, which translates to bulls needing to increase their stock price by 58.75% from its current value. Analyst projections state that HYPR is forecast to be at a low of $1.6 and a high of $1.6.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 11.81%. Hyperfine Inc earnings are expected to increase by 18.75% in 2025, but the outlook is positive 12.90% per year for the next five years.
HYPR Dividends
Hyperfine Inc’s next quarterly earnings report is expected to be released in June.
Hyperfine Inc (NASDAQ:HYPR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.80% of Hyperfine Inc shares, and 13.91% of them are in the hands of institutional investors. The stock currently has a share float of 14.93%. Hyperfine Inc stock is held by 42.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 4.4101% of the shares, which is about 3.18 million shares worth $2.7 million.
FOSUN INTERNATIONAL LTD, with 2.4181% or 1.74 million shares worth $1.48 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.39 shares worth $1.58 million, making up 3.81% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 667.27 shares worth around $0.44 million, which represents about 1.06% of the total shares outstanding.
