Procept BioRobotics Corp (NASDAQ: PRCT) is 23.57% higher on its value in year-to-date trading and has touched a low of $24.83 and a high of $54.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PRCT stock was last observed hovering at around $51.99 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $51.79, the stock is 5.74% and 5.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing -0.38% at the moment leaves the stock 32.38% off its SMA200. PRCT registered 40.12% gain for a year compared to 6-month gain of 75.44%.
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The stock witnessed a 6.34% loss in the last 1 month and extending the period to 3 months gives it a 11.76%, and is -0.84% 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 4.36% over the week and 4.40% over the month.
Procept BioRobotics Corp (PRCT) has around 626 employees, a market worth around $2.64B and $136.19M in sales. Profit margin for the company is -77.75%. Distance from 52-week low is 108.58% and -4.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.56%).
The EPS is expected to grow by 10.62% this year
The shares outstanding are 50.77M, and float is at 48.57M with Short Float at 9.57%.
Procept BioRobotics Corp (PRCT) Insider Activity
The most recent transaction is an insider sale by Zadno Reza, the company’s President, CEO. SEC filings show that Zadno Reza sold 5,391 shares of the company’s common stock on Mar 18 ’24 at a price of $48.83 per share for a total of $0.26 million. Following the sale, the insider now owns 0.24 million shares.
Procept BioRobotics Corp disclosed in a document filed with the SEC on Mar 18 ’24 that Waters Kevin (EVP, CFO) sold a total of 1,024 shares of the company’s common stock. The trade occurred on Mar 18 ’24 and was made at $48.83 per share for $50002.0. Following the transaction, the insider now directly holds 0.1 million shares of the PRCT stock.
Still, SEC filings show that on Mar 18 ’24, Nouri Alaleh (EVP, CLO, CORP. SEC.) disposed off 441 shares at an average price of $48.83 for $21534.0. The insider now directly holds 62,472 shares of Procept BioRobotics Corp (PRCT).
