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ClearPoint Neuro Inc (CLPT) Looks Ready for Growth Despite 91.16% Change This Year

ClearPoint Neuro Inc (NASDAQ: CLPT) is 91.16% higher on its value in year-to-date trading and has touched a low of $4.05 and a high of $13.37 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 CLPT stock was last observed hovering at around $13.18 in the last trading session, with the day’s loss setting it -0.2%.

Currently trading at $12.98, the stock is 27.72% and 62.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing -1.52% at the moment leaves the stock 91.75% off its SMA200. CLPT registered 120.00% gain for a year compared to 6-month gain of 94.31%.

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The stock witnessed a 90.88% loss in the last 1 month and extending the period to 3 months gives it a 139.04%, and is 9.26% 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 6.49% over the week and 8.86% over the month.

ClearPoint Neuro Inc (CLPT) has around 107 employees, a market worth around $358.25M and $28.07M in sales. Profit margin for the company is -64.06%. Distance from 52-week low is 220.49% and -2.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-50.75%).

The EPS is expected to grow by 25.37% this year.

ClearPoint Neuro Inc (CLPT) Top Institutional Holders

105.0 institutions hold shares in ClearPoint Neuro Inc (CLPT), with institutional investors hold 32.88% of the company’s shares. The shares outstanding are 24.65M, and float is at 23.94M with Short Float at 3.34%. Institutions hold 30.30% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 1.22 million shares valued at $6.56 million. The investor’s holdings represent 4.779% of the CLPT Shares outstanding. As of 2024-06-30, the second largest holder is MILLENNIUM MANAGEMENT LLC with 0.47 million shares valued at $$2.51 million to account for 1.8289 of the shares outstanding. The other top investors are ESSEX INVESTMENT MANAGEMENT CO LLC which holds 0.46 million shares representing 1.8175% and valued at over $2.49 million, while TAYLOR FRIGON CAPITAL MANAGEMENT LLC holds 1.668 of the shares totaling 0.42 million with a market value of $2.29 million.

ClearPoint Neuro Inc (CLPT) Insider Activity

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