The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of SI-BONE Inc (NASDAQ: SIBN) closed at $18.33 in the last session, up 4.92% from day before closing price of $17.47. In other words, the price has increased by $4.92 from its previous closing price. On the day, 0.99 million shares were traded.
Ratios:
We take a closer look at SIBN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.26 and its Current Ratio is at 8.53. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on August 06, 2024, Reiterated its Buy rating but revised its target price to $19 from $27 previously.
On March 28, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $25.
On October 12, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $20.Jefferies initiated its Buy rating on October 12, 2022, with a $20 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 08 ’25 when ANSHUL MAHESHWARI bought 28,350 shares for $17.47 per share.
ANSHUL MAHESHWARI bought 4,937 shares of SIBN for $81,214 on May 07 ’25. On May 07 ’25, another insider, DAVID & LAURA FRANCIS JOINT RE, who serves as the Officer of the company, bought 38,504 shares for $16.45 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.42 while its Price-to-Book (P/B) ratio in mrq is 4.66.
Stock Price History:
Over the past 52 weeks, SIBN has reached a high of $19.16, while it has fallen to a 52-week low of $11.70. The 50-Day Moving Average of the stock is 24.22%, while the 200-Day Moving Average is calculated to be 24.17%.
Shares Statistics:
A total of 42.48M shares are outstanding, with a floating share count of 36.84M. Insiders hold about 13.55% of the company’s shares, while institutions hold 88.50% stake in the company.
