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 $1.98 in the prior trading day, MDxHealth SA (NASDAQ: MDXH) closed at $2.00, up 1.01%. In other words, the price has increased by $1.01 from its previous closing price. On the day, 0.53 million shares were traded. MDXH stock price reached its highest trading level at $2.21 during the session, while it also had its lowest trading level at $1.99.
Ratios:
Our goal is to gain a better understanding of MDXH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 3.26 whereas as Long-Term Debt/Eq ratio is at 3.14.
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, Lake Street on October 31, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On May 31, 2023, TD Cowen started tracking the stock assigning a Outperform rating and target price of $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MDXH now has a Market Capitalization of 98994600 and an Enterprise Value of 62008000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 5.57. Its current Enterprise Value per Revenue stands at 0.732 whereas that against EBITDA is -3.083.
Stock Price History:
The Beta on a monthly basis for MDXH is 0.42, which has changed by -0.47894734 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, MDXH has reached a high of $4.44, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is -3.58%, while the 200-Day Moving Average is calculated to be -19.01%.
Shares Statistics:
The stock has traded on average 128.68K shares per day over the past 3-months and 115870 shares per day over the last 10 days, according to various share statistics. A total of 47.29M shares are outstanding, with a floating share count of 21.76M. Insiders hold about 20.27% of the company’s shares, while institutions hold 66.43% stake in the company. Shares short for MDXH as of 1734048000 were 24561 with a Short Ratio of 0.26, compared to 1731628800 on 16217. Therefore, it implies a Short% of Shares Outstanding of 24561 and a Short% of Float of 0.059999997.
