Icad Inc (NASDAQ: ICAD) is 102.19% higher on its value in year-to-date trading and has touched a low of $1.18 and a high of $3.51 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 ICAD stock was last observed hovering at around $3.40 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $3.70, the stock is 65.88% and 90.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing 8.82% at the moment leaves the stock 125.69% off its SMA200. ICAD registered 148.32% gain for a year compared to 6-month gain of 189.06%. The firm has a 50-day simple moving average (SMA 50) of $1.9394 and a 200-day simple moving average (SMA200) of $1.63965.
The stock witnessed a 98.92% loss in the last 1 month and extending the period to 3 months gives it a 88.78%, and is 53.53% 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 15.41% over the week and 9.75% over the month.
Icad Inc (ICAD) has around 69 employees, a market worth around $98.20M and $18.94M in sales. Profit margin for the company is -17.95%. Distance from 52-week low is 213.56% and 5.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.50%).
with sales reaching $4.72M over the same period.The EPS is expected to grow by 18.19% this year, but quarterly earnings will post 9.23% year-over-year. Quarterly sales are estimated to shrink -0.51% in year-over-year returns.
60.0 institutions hold shares in Icad Inc (ICAD), with institutional investors hold 28.78% of the company’s shares. The shares outstanding are 26.35M, and float is at 25.05M with Short Float at 1.01%. Institutions hold 27.16% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 1.13 million shares valued at $1.47 million. The investor’s holdings represent 4.2979 of the ICAD Shares outstanding. As of 2024-06-30, the second largest holder is FIRST EAGLE INVESTMENT MANAGEMENT, LLC with 0.7 million shares valued at $0.91 million to account for 2.6619 of the shares outstanding. The other top investors are PORTOLAN CAPITAL MANAGEMENT, LLC which holds 0.65 million shares representing 2.4792 and valued at over $0.85 million, while RENAISSANCE TECHNOLOGIES LLC holds 1.8448 of the shares totaling 0.49 million with a market value of $0.63 million.
