ClearPoint Neuro Inc (NASDAQ: CLPT) is 131.37% higher on its value in year-to-date trading and has touched a low of $5.11 and a high of $17.47 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 $14.63 in the last trading session, with the day’s gains setting it 1.08%.
Currently trading at $15.71, the stock is 9.39% and 20.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.12 million and changing 7.35% at the moment leaves the stock 71.44% off its SMA200. CLPT registered 139.48% gain for a year compared to 6-month gain of 184.60%. The firm has a 50-day simple moving average (SMA 50) of $12.9712 and a 200-day simple moving average (SMA200) of $9.11205.
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The stock witnessed a 32.74% loss in the last 1 month and extending the period to 3 months gives it a 39.40%, and is -3.86% 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 9.05% over the week and 7.27% over the month.
ClearPoint Neuro Inc (CLPT) has around 107 employees, a market worth around $465.05M and $30.43M in sales. Profit margin for the company is -59.64%. Distance from 52-week low is 207.64% and -10.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-56.43%).
with sales reaching $8.23M over the same period.The EPS is expected to grow by 25.33% this year, but quarterly earnings will post 33.03% year-over-year. Quarterly sales are estimated to grow 20.85% in year-over-year returns.
ClearPoint Neuro Inc (CLPT) Top Institutional Holders
93.0 institutions hold shares in ClearPoint Neuro Inc (CLPT), with institutional investors hold 33.07% of the company’s shares. The shares outstanding are 27.59M, and float is at 23.90M with Short Float at 3.11%. Institutions hold 30.48% 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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