Analytical Lens: Exploring Myomo Inc (MYO)’s Financial Story Through Ratios

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The closing price of Myomo Inc (AMEX: MYO) was $2.97 for the day, down -2.94% from the previous closing price of $3.06. In other words, the price has decreased by -$2.94 from its previous closing price. On the day, 1.07 million shares were traded.

Ratios:

Our analysis of MYO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.35.

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, Craig Hallum on July 31, 2024, initiated with a Buy rating and assigned the stock a target price of $7.

On May 20, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $7.

On December 15, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $6.50.H.C. Wainwright initiated its Buy rating on December 15, 2023, with a $6.50 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 15 ’25 when KIRK THOMAS F bought 36,824 shares for $3.25 per share. The transaction valued at 119,678 led to the insider holds 344,700 shares of the business.

KIRK THOMAS F bought 1,943 shares of MYO for $6,315 on May 14 ’25. The Director now owns 307,876 shares after completing the transaction at $3.25 per share. On May 15 ’25, another insider, GUDONIS PAUL R, who serves as the Chief Executive Officer of the company, bought 30,000 shares for $3.22 each. As a result, the insider paid 96,612 and bolstered with 1,051,671 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.77 while its Price-to-Book (P/B) ratio in mrq is 4.72.

Stock Price History:

Over the past 52 weeks, MYO has reached a high of $7.17, while it has fallen to a 52-week low of $2.76. The 50-Day Moving Average of the stock is -30.25%, while the 200-Day Moving Average is calculated to be -37.98%.

Shares Statistics:

A total of 34.44M shares are outstanding, with a floating share count of 33.51M. Insiders hold about 6.85% of the company’s shares, while institutions hold 52.53% stake in the company.

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