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After finishing at $29.50 in the prior trading day, Atricure Inc (NASDAQ: ATRC) closed at $28.58, down -3.12%. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 0.74 million shares were traded. ATRC stock price reached its highest trading level at $30.09 during the session, while it also had its lowest trading level at $28.29.
Ratios:
Our goal is to gain a better understanding of ATRC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.93 and its Current Ratio is at 4.13. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.16.
On October 23, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $60.
On September 29, 2023, UBS started tracking the stock assigning a Buy rating and target price of $56.UBS initiated its Buy rating on September 29, 2023, with a $56 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 15 ’24 when Yuen Maggie sold 3,500 shares for $24.07 per share. The transaction valued at 84,245 led to the insider holds 8,970 shares of the business.
Yuen Maggie bought 3,500 shares of ATRC for $84,245 on Aug 15 ’24. On May 30 ’24, another insider, Privitera Salvatore, who serves as the Chief Technical Officer of the company, bought 5,000 shares for $22.25 each. As a result, the insider paid 111,250 and bolstered with 103,290 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATRC now has a Market Capitalization of 1391774592 and an Enterprise Value of 1353070720. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.24 while its Price-to-Book (P/B) ratio in mrq is 3.01. Its current Enterprise Value per Revenue stands at 3.147 whereas that against EBITDA is -77.234.
Stock Price History:
Over the past 52 weeks, ATRC has reached a high of $44.64, while it has fallen to a 52-week low of $18.94. The 50-Day Moving Average of the stock is 15.56%, while the 200-Day Moving Average is calculated to be 3.38%.
Shares Statistics:
The stock has traded on average 808.23K shares per day over the past 3-months and 695440 shares per day over the last 10 days, according to various share statistics. A total of 47.53M shares are outstanding, with a floating share count of 47.10M. Insiders hold about 3.28% of the company’s shares, while institutions hold 104.44% stake in the company. Shares short for ATRC as of 1724976000 were 3580950 with a Short Ratio of 4.39, compared to 1722384000 on 3109939. Therefore, it implies a Short% of Shares Outstanding of 3580950 and a Short% of Float of 7.59.
