Atricure Inc (NASDAQ: ATRC) is -34.74% lower on its value in year-to-date trading and has touched a low of $18.94 and a high of $59.61 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 ATRC stock was last observed hovering at around $23.00 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $23.29, the stock is 5.82% and 3.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing 1.26% at the moment leaves the stock -27.67% off its SMA200. ATRC registered -52.05% loss for a year compared to 6-month loss of -37.58%.
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The stock witnessed a 2.73% gain in the last 1 month and extending the period to 3 months gives it a -22.73%, and is -2.00% 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 5.98% over the week and 6.28% over the month.
Atricure Inc (ATRC) has around 1200 employees, a market worth around $1.13B and $414.60M in sales. Profit margin for the company is -8.98%. Distance from 52-week low is 22.97% and -60.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.04%).
The EPS is expected to shrink by -17.88% this year
The shares outstanding are 47.53M, and float is at 46.78M with Short Float at 7.06%.
Atricure Inc (ATRC) Insider Activity
The most recent transaction is an insider purchase by Privitera Salvatore, the company’s Chief Technical Officer. SEC filings show that Privitera Salvatore bought 5,000 shares of the company’s common stock on May 30 ’24 at a price of $22.25 per share for a total of $0.11 million. Following the purchase, the insider now owns 0.1 million shares.
Atricure Inc disclosed in a document filed with the SEC on May 01 ’24 that Noznesky Justin J (Chief Mktg & Strategy Officer) sold a total of 1,500 shares of the company’s common stock. The trade occurred on May 01 ’24 and was made at $24.09 per share for $36135.0. Following the transaction, the insider now directly holds 71284.0 shares of the ATRC stock.
Still, SEC filings show that on Apr 01 ’24, Noznesky Justin J (Chief Mktg & Strategy Officer) disposed off 1,500 shares at an average price of $30.39 for $45585.0. The insider now directly holds 72,784 shares of Atricure Inc (ATRC).
