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.
Myomo Inc (AMEX: MYO) closed the day trading at $5.10 down -5.56% from the previous closing price of $5.40. In other words, the price has decreased by -$5.56 from its previous closing price. On the day, 0.61 million shares were traded.
Ratios:
For a better understanding of MYO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.02 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 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:
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 Nov 04 ’24 when Harry Kovelman bought 121 shares for $3.70 per share.
Harry Kovelman bought 121 shares of MYO for $467 on Oct 03 ’24. On Sep 05 ’24, another insider, Kovelman Harry, who serves as the Chief Medical Officer of the company, sold 6,700 shares for $3.76 each. As a result, the insider received 25,183 and left with 123,556 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.72 while its Price-to-Book (P/B) ratio in mrq is 16.60.
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 $2.51. The 50-Day Moving Average of the stock is -16.98%, while the 200-Day Moving Average is calculated to be 10.52%.
Shares Statistics:
A total of 33.25M shares are outstanding, with a floating share count of 31.04M. Insiders hold about 6.65% of the company’s shares, while institutions hold 52.66% stake in the company.
