In last trading session, Myomo Inc (AMEX:MYO) saw 0.87 million shares changing hands with its beta currently measuring 1.50. Company’s recent per share price level of $3.57 trading at $0.34 or 10.53% at ring of the bell on the day assigns it a market valuation of $128.44M. That closing price of MYO’s stock is at a discount of -100.84% from its 52-week high price of $7.17 and is indicating a premium of 22.69% from its 52-week low price of $2.76. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.9 million shares which gives us an average trading volume of 509.13K if we extend that period to 3-months.
For Myomo Inc (MYO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.11 in the current quarter.
Myomo Inc (AMEX:MYO) trade information
Upright in the green during last session for gaining 10.53%, in the last five days MYO remained trading in the green while hitting it’s week-highest on Friday, 05/16/25 when the stock touched $3.57 price level, adding 2.99% to its value on the day. Myomo Inc’s shares saw a change of -44.57% in year-to-date performance and have moved 11.56% in past 5-day. Myomo Inc (AMEX:MYO) showed a performance of -16.39% in past 30-days. Number of shares sold short was 0.95 million shares which calculate 3.14 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 67.55% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 11. It follows that stock’s current price would drop -208.12% in reaching the projected high whereas dropping to the targeted low would mean a loss of -208.12% for stock’s current value.
Myomo Inc (MYO) estimates and forecasts
This year revenue growth is estimated to rise 53.75% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 9.17M for the same. And 5 analysts are in estimates of company making revenue of 13.43M in the next quarter. Company posted 7.52M and 9.21M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 62.04% during past 5 years.
Myomo Inc (AMEX:MYO)’s Major holders
Insiders are in possession of 4.90% of company’s total shares while institution are holding 60.42 percent of that, with stock having share float percentage of 63.53%. Investors also watch the number of corporate investors in a company very closely, which is 60.42% institutions for Myomo Inc that are currently holding shares of the company. AIGH CAPITAL MANAGEMENT LLC is the top institutional holder at MYO for having 2.92 million shares of worth $9.37 million. And as of 2024-06-30, it was holding 7.8087 of the company’s outstanding shares.
The second largest institutional holder is HERR INVESTMENT GROUP LLC, which was holding about 2.85 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.6162 of outstanding shares, having a total worth of $9.14 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 866.17 shares of worth $3.09 million or 2.41% of the total outstanding shares. The later fund manager was in possession of 346.16 shares on Dec 31, 2024 , making its stake of worth around $1.24 million in the company or a holder of 0.96% of company’s stock.
