Icecure Medical Ltd (NASDAQ: ICCM) is 23.64% higher on its value in year-to-date trading and has touched a low of $0.48 and a high of $1.45 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 ICCM stock was last observed hovering at around $1.37 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $1.36, the stock is 7.04% and 17.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.12 million and changing -0.73% at the moment leaves the stock 59.19% off its SMA200. ICCM registered -4.23% loss for a year compared to 6-month gain of 130.51%. The firm has a 50-day simple moving average (SMA 50) of $1.16204 and a 200-day simple moving average (SMA200) of $0.85431.
The stock witnessed a 10.57% loss in the last 1 month and extending the period to 3 months gives it a 130.47%, and is 6.25% 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 3.86% over the week and 5.05% over the month.
Icecure Medical Ltd (ICCM) has around 77 employees, a market worth around $74.50M and $3.67M in sales. Profit margin for the company is -376.85%. Distance from 52-week low is 183.33% and -6.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-134.55%).
with sales reaching $1.07M over the same period.The EPS is expected to grow by 11.46% this year, but quarterly earnings will post 8.05% year-over-year. Quarterly sales are estimated to shrink -14.94% in year-over-year returns.
Icecure Medical Ltd (ICCM) Top Institutional Holders
The shares outstanding are 54.78M, and float is at 28.19M with Short Float at 2.85%.
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.
Icecure Medical Ltd (ICCM) Insider Activity
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