Myomo Inc (AMEX: MYO) is -50.31% lower on its value in year-to-date trading and has touched a low of $2.76 and a high of $7.17 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 MYO stock was last observed hovering at around $3.36 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $3.20, the stock is -28.73% and -32.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -4.76% at the moment leaves the stock -34.25% off its SMA200. MYO registered -11.60% loss for a year compared to 6-month gain of -19.19%.
The stock witnessed a -31.62% loss in the last 1 month and extending the period to 3 months gives it a -47.37%, and is -34.43% 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 9.99% over the week and 6.66% over the month.
Myomo Inc (MYO) has around 185 employees, a market worth around $115.14M and $38.63M in sales. Fwd P/E is 64.00. Profit margin for the company is -15.05%. Distance from 52-week low is 15.94% and -55.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.91%).
with sales reaching $9.17M over the same period.The EPS is expected to grow by 2.50% this year, but quarterly earnings will post 53.75% year-over-year. Quarterly sales are estimated to grow 21.89% in year-over-year returns.
Myomo Inc (MYO) Top Institutional Holders
The shares outstanding are 34.44M, and float is at 33.64M with Short Float at 2.83%.
The top institutional shareholder in the company is AIGH CAPITAL MANAGEMENT LLC with over 2.92 million shares valued at $9.37 million. The investor’s holdings represent 7.8087% of the MYO Shares outstanding. As of 2024-06-30, the second largest holder is HERR INVESTMENT GROUP LLC with 2.85 million shares valued at $9.14 million to account for 7.6162 of the shares outstanding. The other top investors are ROSALIND ADVISORS, INC. which holds 2.66 million shares representing 7.1317% and valued at over $8.55 million, while VANGUARD GROUP INC holds 3.2276 of the shares totaling 1.21 million with a market value of $3.87 million.
Myomo Inc (MYO) Insider Activity
The most recent transaction is an insider purchase by KIRK THOMAS F, the company’s Director. SEC filings show that KIRK THOMAS F bought 7,400 shares of the company’s common stock on Mar 13 ’25 at a price of $5.00 per share for a total of $37000.0. Following the purchase, the insider now owns 0.26 million shares.
Myomo Inc disclosed in a document filed with the SEC on Mar 14 ’25 that Mitchell Micah (Chief Commercial Officer) sold a total of 48,000 shares of the company’s common stock. The trade occurred on Mar 14 ’25 and was made at $5.16 per share for $0.25 million. Following the transaction, the insider now directly holds 0.14 million shares of the MYO stock.
Still, SEC filings show that on Mar 14 ’25, MICAH MITCHELL (Officer) Proposed Sale 48,000 shares at an average price of $5.16 for $0.25 million. The insider now directly holds shares of Myomo Inc (MYO).
