Inmode Ltd (NASDAQ: INMD) is 9.64% higher on its value in year-to-date trading and has touched a low of $14.87 and a high of $21.97 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 INMD stock was last observed hovering at around $18.46 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $18.31, the stock is -3.18% and 2.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing -0.81% at the moment leaves the stock 4.09% off its SMA200. INMD registered -14.68% loss for a year compared to 6-month gain of 8.34%. The firm has a 50-day simple moving average (SMA 50) of $17.9097 and a 200-day simple moving average (SMA200) of $17.5903.
The stock witnessed a -3.07% loss in the last 1 month and extending the period to 3 months gives it a -1.35%, and is -3.73% 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 5.01% over the week and 3.56% over the month.
Inmode Ltd (INMD) has around 599 employees, a market worth around $1.27B and $394.82M in sales. Current P/E ratio is 7.83 and Fwd P/E is 8.58. Profit margin for the company is 45.91%. Distance from 52-week low is 23.13% and -16.66% from its 52-week high. The company has generated returns on investments over the last 12 months (25.56%).
The EPS is expected to grow by 10.33% this year.
Inmode Ltd (INMD) Top Institutional Holders
340.0 institutions hold shares in Inmode Ltd (INMD), with institutional investors hold 76.19% of the company’s shares. The shares outstanding are 69.56M, and float is at 58.28M with Short Float at 10.76%. Institutions hold 65.56% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.44 million shares valued at $117.52 million. The investor’s holdings represent 7.6224% of the INMD Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 2.84 million shares valued at $51.89 million to account for 3.3916 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 2.07 million shares representing 2.4471% and valued at over $37.73 million, while DOMA PERPETUAL CAPITAL MANAGEMENT LLC holds 2.3978 of the shares totaling 2.01 million with a market value of $36.69 million.
Inmode Ltd (INMD) Insider Activity
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