In the latest session, Cutera Inc (NASDAQ: CUTR) closed at $2.15 down -10.58% from its previous closing price of $2.41. In other words, the price has decreased by -$0.2550 from its previous closing price. On the day, 825834 shares were traded.
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Ratios:
For a deeper understanding of Cutera Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.81 and its Current Ratio is at 3.59.
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 the company, Piper Sandler on July 27, 2023, Upgraded its rating to Neutral and sets its target price to $18 from $14 previously.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 29 when Harris Taylor C. bought 30,000 shares for $9.91 per share. The transaction valued at 297,300 led to the insider holds 279,336 shares of the business.
Drummond Stuart bought 5,000 shares of CUTR for $49,000 on Aug 29. The Interim CFO now owns 19,678 shares after completing the transaction at $9.80 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CUTR now has a Market Capitalization of 48.04M and an Enterprise Value of 256.68M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19. Its current Enterprise Value per Revenue stands at 1.04 whereas that against EBITDA is -4.29.
Stock Price History:
Over the past 52 weeks, CUTR has reached a high of $33.31, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is 2.9566, while the 200-Day Moving Average is calculated to be 8.2219.
Shares Statistics:
For the past three months, CUTR has traded an average of 1.85M shares per day and 1.12M over the past ten days. A total of 19.67M shares are outstanding, with a floating share count of 19.01M. Insiders hold about 4.70% of the company’s shares, while institutions hold 91.60% stake in the company. Shares short for CUTR as of Feb 15, 2024 were 7.09M with a Short Ratio of 3.83, compared to 6.17M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 35.41% and a Short% of Float of 45.48%.
