Stereotaxis Inc (AMEX: STXS) is -8.77% lower on its value in year-to-date trading and has touched a low of $1.66 and a high of $3.29 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 STXS stock was last observed hovering at around $2.10 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $2.08, the stock is -8.27% and -5.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing -0.95% at the moment leaves the stock -1.62% off its SMA200. STXS registered 13.04% gain for a year compared to 6-month gain of 4.52%. The firm has a 50-day simple moving average (SMA 50) of $2.1966 and a 200-day simple moving average (SMA200) of $2.11425.
The stock witnessed a -14.05% loss in the last 1 month and extending the period to 3 months gives it a 7.22%, and is -1.42% 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 4.74% over the week and 6.46% over the month.
Stereotaxis Inc (STXS) has around 122 employees, a market worth around $176.24M and $25.14M in sales. Profit margin for the company is -91.05%. Distance from 52-week low is 25.30% and -36.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-104.98%).
with sales reaching $6.42M over the same period.The EPS is expected to grow by 0.93% this year, but quarterly earnings will post 1.70% year-over-year. Quarterly sales are estimated to grow 40.74% in year-over-year returns.
Stereotaxis Inc (STXS) Top Institutional Holders
111.0 institutions hold shares in Stereotaxis Inc (STXS), with institutional investors hold 57.79% of the company’s shares. The shares outstanding are 84.71M, and float is at 69.57M with Short Float at 4.51%. Institutions hold 48.75% of the Float.
The top institutional shareholder in the company is DAFNA CAPITAL MANAGEMENT LLC with over 13.68 million shares valued at $24.9 million. The investor’s holdings represent 16.3885% of the STXS Shares outstanding. As of 2024-06-30, the second largest holder is LAGODA INVESTMENT MANAGEMENT, L.P. with 3.95 million shares valued at $7.19 million to account for 4.7306 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.54 million shares representing 4.2441% and valued at over $6.45 million, while VANGUARD GROUP INC holds 3.6289 of the shares totaling 3.03 million with a market value of $5.51 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).
