In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Hyperfine Inc (NASDAQ: HYPR) closed the day trading at $1.00 down -2.91% from the previous closing price of $1.03. In other words, the price has decreased by -$2.91 from its previous closing price. On the day, 0.51 million shares were traded.
Ratios:
For a better understanding of HYPR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.73 and its Current Ratio is at 6.44. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Wells Fargo on August 11, 2022, Downgraded its rating to Equal Weight and sets its target price to $2.40 from $8 previously.
On May 31, 2022, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $7.
On April 14, 2022, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $8.Wells Fargo initiated its Overweight rating on April 14, 2022, with a $8 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 Feb 18 ’25 when TEISSEYRE THOMAS sold 3,237 shares for $1.20 per share. The transaction valued at 3,884 led to the insider holds 84,990 shares of the business.
TEISSEYRE THOMAS sold 2,800 shares of HYPR for $2,380 on Nov 18 ’24. The Chief Operating Officer now owns 88,227 shares after completing the transaction at $0.85 per share. On Aug 16 ’24, another insider, TEISSEYRE THOMAS, who serves as the Chief Operating Officer of the company, sold 2,746 shares for $1.05 each. As a result, the insider received 2,883 and left with 91,027 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.84 while its Price-to-Book (P/B) ratio in mrq is 1.25.
Stock Price History:
Over the past 52 weeks, HYPR has reached a high of $1.90, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is -5.44%, while the 200-Day Moving Average is calculated to be -0.32%.
Shares Statistics:
A total of 57.89M shares are outstanding, with a floating share count of 56.29M. Insiders hold about 27.33% of the company’s shares, while institutions hold 11.27% stake in the company.