Inmode Ltd (NASDAQ: INMD) is -14.61% lower on its value in year-to-date trading and has touched a low of $13.68 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 $16.22 in the last trading session, with the day’s loss setting it -1.96%.
Currently trading at $14.26, the stock is -8.91% and -18.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.8 million and changing -12.08% at the moment leaves the stock -17.79% off its SMA200. INMD registered -17.86% loss for a year compared to 6-month gain of -20.07%. The firm has a 50-day simple moving average (SMA 50) of $17.5036 and a 200-day simple moving average (SMA200) of $17.346725.
The stock witnessed a -22.08% loss in the last 1 month and extending the period to 3 months gives it a -16.56%, and is -3.65% 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 5.06% over the week and 6.34% over the month.
Inmode Ltd (INMD) has around 599 employees, a market worth around $991.91M and $394.82M in sales. Current P/E ratio is 6.10 and Fwd P/E is 7.15. Profit margin for the company is 45.91%. Distance from 52-week low is 4.28% and -28.16% from its 52-week high. The company has generated returns on investments over the last 12 months (25.56%).
with sales reaching $98.59M over the same period.The EPS is expected to grow by 2.21% this year, but quarterly earnings will post -1.99% year-over-year. Quarterly sales are estimated to grow 14.04% in year-over-year returns.
Inmode Ltd (INMD) Top Institutional Holders
341.0 institutions hold shares in Inmode Ltd (INMD), with institutional investors hold 78.47% of the company’s shares. The shares outstanding are 69.56M, and float is at 58.28M with Short Float at 11.15%. Institutions hold 67.25% 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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