Icecure Medical Ltd (NASDAQ: ICCM) is -23.36% lower on its value in year-to-date trading and has touched a low of $0.48 and a high of $1.57 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 ICCM stock was last observed hovering at around $0.85 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.82, the stock is 33.85% and 30.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing -2.96% at the moment leaves the stock -13.44% off its SMA200. ICCM registered 6.04% gain for a year compared to 6-month loss of -30.51%. The firm has a 50-day simple moving average (SMA 50) of $0.6274 and a 200-day simple moving average (SMA200) of $0.947305.
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The stock witnessed a 36.67% gain in the last 1 month and extending the period to 3 months gives it a 24.64%, and is 49.09% 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 17.13% over the week and 9.80% over the month.
Icecure Medical Ltd (ICCM) has around 77 employees, a market worth around $40.60M and $3.34M in sales. Profit margin for the company is -410.22%. Distance from 52-week low is 70.83% and -47.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-125.79%).
The EPS is expected to grow by 13.54% this year
The shares outstanding are 45.73M, and float is at 24.12M with Short Float at 1.19%.
The top institutional shareholder in the company is CITADEL ADVISORS LLC with over 0.17 million shares valued at $0.13 million. The investor’s holdings represent 0.3627 of the ICCM Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 66400.0 shares valued at $49136.0 to account for 0.1421 of the shares outstanding. The other top investors are VIRTU FINANCIAL LLC which holds 27189.0 shares representing 0.0582 and valued at over $20000.0, while GEODE CAPITAL MANAGEMENT, LLC holds 0.0547 of the shares totaling 25560.0 with a market value of $18914.0.
