Icad Inc (NASDAQ: ICAD) is 197.23% higher on its value in year-to-date trading and has touched a low of $1.18 and a high of $4.01 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 $3.74 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $3.76, the stock is -0.88% and 1.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.53% at the moment leaves the stock 49.95% off its SMA200. ICAD registered 105.46% gain for a year compared to 6-month gain of 96.34%. The firm has a 50-day simple moving average (SMA 50) of $3.715 and a 200-day simple moving average (SMA200) of $2.50765.
The stock witnessed a -3.59% loss in the last 1 month and extending the period to 3 months gives it a 92.82%, and is -2.59% 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 2.76% over the week and 3.36% over the month.
Icad Inc (ICAD) has around 66 employees, a market worth around $103.29M and $19.53M in sales. Profit margin for the company is -26.77%. Distance from 52-week low is 218.64% and -6.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.94%).
The EPS is expected to grow by 15.00% this year
65.0 institutions hold shares in Icad Inc (ICAD), with institutional investors hold 33.26% of the company’s shares. The shares outstanding are 27.18M, and float is at 25.90M with Short Float at 1.04%. Institutions hold 31.43% 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.
