Silk Road Medical Inc (NASDAQ: SILK) is 121.84% higher on its value in year-to-date trading and has touched a low of $6.08 and a high of $27.19 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 SILK stock was last observed hovering at around $27.11 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $27.22, the stock is 0.61% and 6.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 0.41% at the moment leaves the stock 57.11% off its SMA200. SILK registered 33.50% gain for a year compared to 6-month gain of 63.68%.
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The stock witnessed a 0.59% loss in the last 1 month and extending the period to 3 months gives it a 33.37%, and is 0.74% up 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 0.69% over the week and 0.41% over the month.
Silk Road Medical Inc (SILK) has around 474 employees, a market worth around $1.11B and $191.43M in sales. Profit margin for the company is -29.53%. Distance from 52-week low is 347.70% and 0.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-23.82%).
The EPS is expected to grow by 3.21% this year.
Silk Road Medical Inc (SILK) Top Institutional Holders
The shares outstanding are 39.17M, and float is at 38.02M with Short Float at 6.76%.
Silk Road Medical Inc (SILK) Insider Activity
The most recent transaction is an insider sale by Davis Andrew S.,the company’sChief Commercial Officer. SEC filings show that Davis Andrew S. sold 66 shares of the company’s common stock on Jul 03 ’24 at a price of $27.00 per share for a total of $1782.0. Following the sale, the insider now owns 0.29 million shares.
Silk Road Medical Inc disclosed in a document filed with the SEC on Mar 05 ’24 that Ballinger Kevin J. (Director) bought a total of 11,700 shares of the company’s common stock. The trade occurred on Mar 05 ’24 and was made at $16.99 per share for $0.2 million. Following the transaction, the insider now directly holds 17807.0 shares of the SILK stock.
Still, SEC filings show that on Mar 05 ’24, Buchanan Lucas W. (COO/CFO) disposed off 9,877 shares at an average price of $17.17 for $0.17 million. The insider now directly holds 500,925 shares of Silk Road Medical Inc (SILK).
