In the last trading session, 1.15 million Myomo Inc (AMEX:MYO) shares changed hands as the company’s beta touched 1.38. With the company’s per share price at $2.16 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $77.71M. MYO’s last price was a discount, traded about -231.94% off its 52-week high of $7.17. The share price had its 52-week low at $2.15, which suggests the last value was 0.46% up since then. When we look at Myomo Inc’s average trading volume, we note the 10-day average is 1.09 million shares, with the 3-month average coming to 584.12K.
Analysts gave the Myomo Inc (MYO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 0 recommended MYO as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
Myomo Inc (AMEX:MYO) trade information
The company’s shares are showing year-to-date downside of -28.48%, with the 5-day performance at -8.47% in the red. However, in the 30-day time frame, Myomo Inc (AMEX:MYO) is -27.27% down. Looking at the short shares, we see there were 1.04 million shares sold at short interest cover period of 1.96 days.
The consensus price target for the stock as assigned by Wall Street analysts is 8, meaning bulls need an upside of 73.0% from its current market value. According to analyst projections, MYO’s forecast low is 8 with 8 as the target high. To hit the forecast high, the stock’s price needs a -270.37% plunge from its current level, while the stock would need to soar -270.37% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 62.04%. The 2025 estimates are for Myomo Inc earnings to decrease by -28.75%.
MYO Dividends
Myomo Inc is expected to release its next quarterly earnings report on 2025-May-07.
Myomo Inc (AMEX:MYO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.05% of Myomo Inc shares while 60.47% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 65.06%. There are 60.47% institutions holding the Myomo Inc stock share, with AIGH CAPITAL MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 7.8087% of the shares, roughly 2.92 million MYO shares worth $9.37 million.
HERR INVESTMENT GROUP LLC holds the second largest percentage of outstanding shares, with 7.6162% or 2.85 million shares worth $9.14 million as of 2024-06-30.
