Market Insights: Senseonics Holdings Inc (SENS)’s Notable Drop of -4.04, Closing at 0.40

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, Senseonics Holdings Inc’s stock clocked out at $0.40, down -4.04% from its previous closing price of $0.42. In other words, the price has decreased by -$4.04 from its previous closing price. On the day, 1.98 million shares were traded. SENS stock price reached its highest trading level at $0.42 during the session, while it also had its lowest trading level at $0.396.

Ratios:

To gain a deeper understanding of SENS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.03 and its Current Ratio is at 7.53. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.65.

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, Jefferies on July 19, 2023, initiated with a Underperform rating and assigned the stock a target price of $0.50.

On August 19, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $6.

SVB Leerink Downgraded its Outperform to Mkt Perform on April 01, 2021, while the target price for the stock was maintained at $3.

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 Sep 07 ’23 when Larkin Sharon sold 30,889 shares for $0.61 per share. The transaction valued at 18,842 led to the insider holds 292,476 shares of the business.

ROEDER DOUGLAS A bought 300,000 shares of SENS for $162,000 on Aug 30 ’23. The Director now owns 807,988 shares after completing the transaction at $0.54 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SENS now has a Market Capitalization of 211902528 and an Enterprise Value of 187819840. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.46 while its Price-to-Book (P/B) ratio in mrq is 5.91. Its current Enterprise Value per Revenue stands at 8.389 whereas that against EBITDA is -2.527.

Stock Price History:

Over the past 52 weeks, SENS has reached a high of $1.05, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -30.16%, while the 200-Day Moving Average is calculated to be -33.89%.

Shares Statistics:

It appears that SENS traded 2.59M shares on average per day over the past three months and 2836260 shares per day over the past ten days. A total of 530.36M shares are outstanding, with a floating share count of 467.18M. Insiders hold about 11.96% of the company’s shares, while institutions hold 12.39% stake in the company. Shares short for SENS as of 1711584000 were 41805923 with a Short Ratio of 16.14, compared to 1709164800 on 44900377. Therefore, it implies a Short% of Shares Outstanding of 41805923 and a Short% of Float of 8.1599995.

Earnings Estimates

The current assessment of Senseonics Holdings Inc (SENS) involves the perspectives of Senseonics Holdings, Inc. analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $26.04, with high estimates of $1.44 and low estimates of $73,648.62.

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