Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $2.47 in the prior trading day, Icad Inc (NASDAQ: ICAD) closed at $2.09, down -15.38%. In other words, the price has decreased by -$15.38 from its previous closing price. On the day, 0.66 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ICAD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.91 and its Current Ratio is at 4.02. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On April 22, 2021, Guggenheim started tracking the stock assigning a Buy rating and target price of $24.
On March 23, 2021, BTIG Research started tracking the stock assigning a Buy rating and target price of $25.BTIG Research initiated its Buy rating on March 23, 2021, with a $25 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.93 while its Price-to-Book (P/B) ratio in mrq is 1.88.
Stock Price History:
Over the past 52 weeks, ICAD has reached a high of $3.78, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -20.30%, while the 200-Day Moving Average is calculated to be 12.94%.
Shares Statistics:
A total of 26.35M shares are outstanding, with a floating share count of 25.00M. Insiders hold about 5.78% of the company’s shares, while institutions hold 21.81% stake in the company.