BrainsWay Ltd. (NASDAQ: BWAY) is -74.16% lower on its value in year-to-date trading and has touched a low of $1.90 and a high of $9.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BWAY stock was last observed hovering at around $1.95 in the last trading session, with the day’s gains setting it 0.04% off its average median price target of $5.25 for the next 12 months. It is also 87.56% off the consensus price target high of $16.00 offered by 6 analysts, but current levels are 46.93% higher than the price target low of $3.75 for the same period.
Currently trading at $1.99, the stock is -35.03% and -41.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.29 million and changing 2.05% at the moment leaves the stock -65.47% off its SMA200. BWAY registered -74.60% loss for a year compared to 6-month loss of -67.32%.
The stock witnessed a -42.49% gain in the last 1 month and extending the period to 3 months gives it a -56.36%, and is -9.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.66% over the week and 5.77% over the month.
BrainsWay Ltd. (BWAY) has around 118 employees, a market worth around $32.70M and $29.61M in sales. Distance from 52-week low is 4.74% and -78.32% from its 52-week high.
BrainsWay Ltd. (BWAY) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for BrainsWay Ltd. (BWAY) is a “Buy”. 6 analysts offering their recommendations for the stock have an average rating of 1.80, where 0 rate it as a Hold and 1 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
BrainsWay Ltd. (BWAY) Top Institutional Holders
The shares outstanding are 16.52M, and float is at 15.68M with Short Float at 0.42%.