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SI-BONE Inc (NASDAQ: SIBN) closed the day trading at $13.98 up 4.48% from the previous closing price of $13.38. In other words, the price has increased by $4.48 from its previous closing price. On the day, 0.73 million shares were traded. SIBN stock price reached its highest trading level at $14.2 during the session, while it also had its lowest trading level at $13.34.
Ratios:
For a better understanding of SIBN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.12 and its Current Ratio is at 9.17. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.22.
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, Needham on August 06, 2024, Reiterated its Buy rating but revised its target price to $19 from $27 previously.
On March 28, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $25.
On October 12, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $20.Jefferies initiated its Buy rating on October 12, 2022, with a $20 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 Sep 03 ’24 when Maheshwari Anshul sold 1,414 shares for $16.35 per share. The transaction valued at 23,119 led to the insider holds 200,367 shares of the business.
ANSHUL MAHESHWARI bought 1,414 shares of SIBN for $23,501 on Sep 03 ’24. On Aug 16 ’24, another insider, RECUPERO ANTHONY J, who serves as the President, Commercial Ops of the company, sold 3,905 shares for $13.84 each. As a result, the insider received 54,037 and left with 238,804 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, SIBN now has a Market Capitalization of 582883520 and an Enterprise Value of 469776992. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.87 while its Price-to-Book (P/B) ratio in mrq is 3.52. Its current Enterprise Value per Revenue stands at 3.117 whereas that against EBITDA is -11.568.
Stock Price History:
Over the past 52 weeks, SIBN has reached a high of $22.56, while it has fallen to a 52-week low of $11.76. The 50-Day Moving Average of the stock is -8.04%, while the 200-Day Moving Average is calculated to be -14.30%.
Shares Statistics:
Over the past 3-months, SIBN traded about 336.79K shares per day on average, while over the past 10 days, SIBN traded about 346540 shares per day. A total of 40.69M shares are outstanding, with a floating share count of 36.71M. Insiders hold about 11.95% of the company’s shares, while institutions hold 90.80% stake in the company. Shares short for SIBN as of 1726185600 were 1646462 with a Short Ratio of 4.89, compared to 1723680000 on 1556347. Therefore, it implies a Short% of Shares Outstanding of 1646462 and a Short% of Float of 4.4899996.
