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As of close of business last night, Inari Medical Inc’s stock clocked out at $41.68, down -3.25% from its previous closing price of $43.08. In other words, the price has decreased by -$3.25 from its previous closing price. On the day, 0.97 million shares were traded. NARI stock price reached its highest trading level at $43.39 during the session, while it also had its lowest trading level at $40.7007.
Ratios:
To gain a deeper understanding of NARI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 122.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, Leerink Partners on September 03, 2024, initiated with a Market Perform rating and assigned the stock a target price of $47.
On August 09, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $68.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 20 ’24 when Hykes Andrew sold 3,000 shares for $50.00 per share. The transaction valued at 150,000 led to the insider holds 452,532 shares of the business.
Hoffman William sold 40,000 shares of NARI for $1,955,751 on Aug 16 ’24. The Director now owns 703,296 shares after completing the transaction at $48.89 per share. On Aug 19 ’24, another insider, Hoffman William, who serves as the Director of the company, sold 20,000 shares for $50.30 each. As a result, the insider received 1,006,000 and left with 683,296 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, NARI now has a Market Capitalization of 2509527808 and an Enterprise Value of 2352034816. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.44 while its Price-to-Book (P/B) ratio in mrq is 5.72. Its current Enterprise Value per Revenue stands at 4.296 whereas that against EBITDA is -158.099.
Stock Price History:
Over the past 52 weeks, NARI has reached a high of $69.40, while it has fallen to a 52-week low of $36.73. The 50-Day Moving Average of the stock is -15.75%, while the 200-Day Moving Average is calculated to be -18.30%.
Shares Statistics:
It appears that NARI traded 825.52K shares on average per day over the past three months and 944460 shares per day over the past ten days. A total of 57.76M shares are outstanding, with a floating share count of 49.72M. Insiders hold about 14.67% of the company’s shares, while institutions hold 86.85% stake in the company. Shares short for NARI as of 1723680000 were 3825618 with a Short Ratio of 4.63, compared to 1721001600 on 5197793. Therefore, it implies a Short% of Shares Outstanding of 3825618 and a Short% of Float of 8.3100006.
