In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of ReShape Lifesciences Inc (NASDAQ: RSLS) was $0.46 for the day, down -18.53% from the previous closing price of $0.57. In other words, the price has decreased by -$18.53 from its previous closing price. On the day, 8.4 million shares were traded. RSLS stock price reached its highest trading level at $0.5468 during the session, while it also had its lowest trading level at $0.45.
Ratios:
Our analysis of RSLS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.92.
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 31 ’24 when STANKOVICH THOMAS sold 48 shares for $0.25 per share. The transaction valued at 12 led to the insider holds 22,777 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RSLS now has a Market Capitalization of 5205094 and an Enterprise Value of 5479116. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65. Its current Enterprise Value per Revenue stands at 0.684 whereas that against EBITDA is -0.824.
Stock Price History:
The Beta on a monthly basis for RSLS is 1.07, which has changed by -0.9514298 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, RSLS has reached a high of $29.00, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -63.57%, while the 200-Day Moving Average is calculated to be -92.12%.
Shares Statistics:
RSLS traded an average of 12.57M shares per day over the past three months and 71546480 shares per day over the past ten days. A total of 11.28M shares are outstanding, with a floating share count of 9.24M. Insiders hold about 18.08% of the company’s shares, while institutions hold 0.30% stake in the company. Shares short for RSLS as of 1743379200 were 688716 with a Short Ratio of 0.05, compared to 1740700800 on 471619. Therefore, it implies a Short% of Shares Outstanding of 688716 and a Short% of Float of 20.84.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
