Market Insight: Icecure Medical Ltd (ICCM)’s Notable Drop, Closing at 0.97

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In the latest session, Icecure Medical Ltd (NASDAQ: ICCM) closed at $0.97 down -1.12% from its previous closing price of $0.98. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 0.7 million shares were traded. ICCM stock price reached its highest trading level at $1.015 during the session, while it also had its lowest trading level at $0.96.

Ratios:

For a deeper understanding of Icecure Medical Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.89. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.02.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ICCM now has a Market Capitalization of 58026564 and an Enterprise Value of 51197788. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.38 while its Price-to-Book (P/B) ratio in mrq is 9.48. Its current Enterprise Value per Revenue stands at 15.642 whereas that against EBITDA is -3.332.

Stock Price History:

The Beta on a monthly basis for ICCM is 1.40, which has changed by 0.21249998 over the last 52 weeks, in comparison to a change of 0.17774606 over the same period for the S&P500. Over the past 52 weeks, ICCM has reached a high of $1.63, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -3.21%, while the 200-Day Moving Average is calculated to be -5.41%.

Shares Statistics:

For the past three months, ICCM has traded an average of 300.92K shares per day and 401620 over the past ten days. A total of 58.62M shares are outstanding, with a floating share count of 34.88M. Insiders hold about 49.23% of the company’s shares, while institutions hold 0.21% stake in the company. Shares short for ICCM as of 1751241600 were 242408 with a Short Ratio of 0.79, compared to 1748563200 on 217941. Therefore, it implies a Short% of Shares Outstanding of 242408 and a Short% of Float of 4.78.