Icad Inc (NASDAQ: ICAD) is 67.76% higher on its value in year-to-date trading and has touched a low of $1.18 and a high of $3.78 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 $1.93 in the last trading session, with the day’s gains setting it 1.14%.
Currently trading at $3.07, the stock is 52.21% and 25.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.2 million and changing 59.07% at the moment leaves the stock 61.33% off its SMA200. ICAD registered 88.34% gain for a year compared to 6-month gain of 100.65%. The firm has a 50-day simple moving average (SMA 50) of $2.4374 and a 200-day simple moving average (SMA200) of $1.9032.
The stock witnessed a 32.33% loss in the last 1 month and extending the period to 3 months gives it a 63.30%, and is 74.43% 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 9.38% over the week and 9.03% over the month.
Icad Inc (ICAD) has around 66 employees, a market worth around $84.02M and $19.61M in sales. Profit margin for the company is -28.64%. Distance from 52-week low is 160.17% and -18.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.49%).
with sales reaching $4.53M over the same period.The EPS is expected to shrink by -10.00% this year, but quarterly earnings will post 0.57% year-over-year. Quarterly sales are estimated to shrink -8.58% in year-over-year returns.
55.0 institutions hold shares in Icad Inc (ICAD), with institutional investors hold 22.79% of the company’s shares. The shares outstanding are 26.35M, and float is at 25.78M with Short Float at 1.05%. Institutions hold 21.51% 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.
