Stereotaxis Inc (AMEX: STXS) is 26.29% higher on its value in year-to-date trading and has touched a low of $1.40 and a high of $3.29 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 STXS stock was last observed hovering at around $2.00 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $2.21, the stock is 15.68% and 16.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.67 million and changing 10.50% at the moment leaves the stock 4.72% off its SMA200. STXS registered 33.13% gain for a year compared to 6-month loss of -30.06%.
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The stock witnessed a 7.28% gain in the last 1 month and extending the period to 3 months gives it a 4.74%, and is 15.71% 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 5.57% over the week and 5.55% over the month.
Stereotaxis Inc (STXS) has around 122 employees, a market worth around $187.10M and $23.75M in sales. Profit margin for the company is -92.99%. Distance from 52-week low is 57.86% and -32.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-102.29%).
The EPS is expected to grow by 9.26% this year
93.0 institutions hold shares in Stereotaxis Inc (STXS), with institutional investors hold 58.06% of the company’s shares. The shares outstanding are 80.95M, and float is at 69.46M with Short Float at 4.61%. Institutions hold 48.92% of the Float.
The top institutional shareholder in the company is DAFNA CAPITAL MANAGEMENT LLC with over 13.68 million shares valued at $35.71 million. The investor’s holdings represent 16.3885 of the STXS Shares outstanding. As of 2024-03-31, the second largest holder is LAGODA INVESTMENT MANAGEMENT, L.P. with 3.83 million shares valued at $9.99 million to account for 4.5849 of the shares outstanding. The other top investors are REDMILE GROUP, LLC which holds 3.31 million shares representing 3.9637 and valued at over $8.64 million, while ARBITER PARTNERS CAPITAL MANAGEMENT LLC holds 3.3012 of the shares totaling 2.76 million with a market value of $7.19 million.
Stereotaxis Inc (STXS) Insider Activity
The most recent transaction is an insider purchase by Isaac Paul J, the company’s Director. SEC filings show that Isaac Paul J bought 812 shares of the company’s common stock on Aug 19 ’24 at a price of $1.88 per share for a total of $1527.0. Following the purchase, the insider now owns 2.77 million shares.
Stereotaxis Inc disclosed in a document filed with the SEC on Aug 20 ’24 that Isaac Paul J (Director) bought a total of 442 shares of the company’s common stock. The trade occurred on Aug 20 ’24 and was made at $1.88 per share for $831.0. Following the transaction, the insider now directly holds 2.77 million shares of the STXS stock.
Still, SEC filings show that on Aug 15 ’24, Isaac Paul J (Director) acquired 8,095 shares at an average price of $1.90 for $15350.0. The insider now directly holds 2,766,814 shares of Stereotaxis Inc (STXS).
