Analyzing Ratios: Icecure Medical Ltd (ICCM)’s Financial Story Unveiled

Ulysses Smith

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The price of Icecure Medical Ltd (NASDAQ: ICCM) closed at $0.82 in the last session, down -1.26% from day before closing price of $0.83. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 0.54 million shares were traded. ICCM stock price reached its highest trading level at $0.8257 during the session, while it also had its lowest trading level at $0.8.

Ratios:

We take a closer look at ICCM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.02.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ICCM now has a Market Capitalization of 56212560 and an Enterprise Value of 44842632. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.08 while its Price-to-Book (P/B) ratio in mrq is 16.87. Its current Enterprise Value per Revenue stands at 16.09 whereas that against EBITDA is -2.885.

Stock Price History:

The Beta on a monthly basis for ICCM is 1.42, which has changed by 0.4173913 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, ICCM has reached a high of $1.63, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -15.71%, while the 200-Day Moving Average is calculated to be -25.41%.

Shares Statistics:

According to the various share statistics, ICCM traded on average about 2.32M shares per day over the past 3-months and 2413690 shares per day over the past 10 days. A total of 59.82M shares are outstanding, with a floating share count of 34.23M. Insiders hold about 50.17% of the company’s shares, while institutions hold 0.37% stake in the company. Shares short for ICCM as of 1759190400 were 591931 with a Short Ratio of 0.25, compared to 1756425600 on 1154127. Therefore, it implies a Short% of Shares Outstanding of 591931 and a Short% of Float of 4.17.

Earnings Estimates

. The current market rating for Icecure Medical Ltd (ICCM) reflects the collective analysis of 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.04 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.2 and -$0.23 for the fiscal current year, implying an average EPS of -$0.22. EPS for the following year is -$0.17, with 3.0 analysts recommending between -$0.06 and -$0.23.

Revenue Estimates

According to 3 analysts,. The current quarter’s revenue is expected to be $626k. It ranges from a high estimate of $828k to a low estimate of $450k. As of. The current estimate, Icecure Medical Ltd’s year-ago sales were $662kFor the next quarter, 3 analysts are estimating revenue of $1.45M. There is a high estimate of $2.5M for the next quarter, whereas the lowest estimate is $650k.

A total of 3 analysts have provided revenue estimates for ICCM’s current fiscal year. The highest revenue estimate was $4.33M, while the lowest revenue estimate was $2.35M, resulting in an average revenue estimate of $3.32M. In the same quarter a year ago, actual revenue was $3.29MBased on 3 analysts’ estimates, the company’s revenue will be $12.28M in the next fiscal year. The high estimate is $26.36M and the low estimate is $5.08M.

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