Inmode Ltd (NASDAQ: INMD) is -10.90% lower on its value in year-to-date trading and has touched a low of $13.85 and a high of $19.85 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 INMD stock was last observed hovering at around $14.10 in the last trading session, with the day’s gains setting it 0.78%.
Currently trading at $14.88, the stock is -13.49% and -17.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing 5.53% at the moment leaves the stock -14.78% off its SMA200. INMD registered -21.23% loss for a year compared to 6-month gain of -1.13%. The firm has a 50-day simple moving average (SMA 50) of $18.0587 and a 200-day simple moving average (SMA200) of $17.4614.
The stock witnessed a -19.39% loss in the last 1 month and extending the period to 3 months gives it a -6.42%, and is -5.28% 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 11.46% over the week and 5.91% over the month.
Inmode Ltd (INMD) has around 599 employees, a market worth around $1.04B and $394.82M in sales. Current P/E ratio is 6.36 and Fwd P/E is 6.97. Profit margin for the company is 45.91%. Distance from 52-week low is 7.44% and -25.04% from its 52-week high. The company has generated returns on investments over the last 12 months (25.56%).
with sales reaching $82.21M over the same period.The EPS is expected to grow by 10.31% this year, but quarterly earnings will post -0.37% year-over-year. Quarterly sales are estimated to grow 2.39% in year-over-year returns.
Inmode Ltd (INMD) Top Institutional Holders
340.0 institutions hold shares in Inmode Ltd (INMD), with institutional investors hold 78.29% of the company’s shares. The shares outstanding are 69.56M, and float is at 58.28M with Short Float at 12.25%. Institutions hold 67.10% 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 7.681% 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 2.466% 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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