Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Myomo Inc (AMEX: MYO) closed at $3.32 up 3.75% from its previous closing price of $3.20. In other words, the price has increased by $3.75 from its previous closing price. On the day, 0.76 million shares were traded.
Ratios:
For a deeper understanding of Myomo Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.35.
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, Craig Hallum on July 31, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On May 20, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $7.
On December 15, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $6.50.H.C. Wainwright initiated its Buy rating on December 15, 2023, with a $6.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 13 ’25 when KIRK THOMAS F bought 7,400 shares for $5.00 per share. The transaction valued at 37,000 led to the insider holds 255,933 shares of the business.
Mitchell Micah sold 48,000 shares of MYO for $247,565 on Mar 14 ’25. The Chief Commercial Officer now owns 140,572 shares after completing the transaction at $5.16 per share. On Mar 14 ’25, another insider, MICAH MITCHELL, who serves as the Officer of the company, bought 48,000 shares for $5.16 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.09 while its Price-to-Book (P/B) ratio in mrq is 5.27.
Stock Price History:
Over the past 52 weeks, MYO has reached a high of $7.17, while it has fallen to a 52-week low of $2.76. The 50-Day Moving Average of the stock is -29.70%, while the 200-Day Moving Average is calculated to be -31.68%.
Shares Statistics:
A total of 34.44M shares are outstanding, with a floating share count of 33.64M. Insiders hold about 6.49% of the company’s shares, while institutions hold 47.58% stake in the company.
