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Inmode Ltd (NASDAQ: INMD) closed the day trading at $18.18 down -0.93% from the previous closing price of $18.35. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 1.21 million shares were traded. INMD stock price reached its highest trading level at $18.55 during the session, while it also had its lowest trading level at $18.13.
Ratios:
For a better understanding of INMD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.58. For the most recent quarter (mrq), Quick Ratio is recorded 9.16 and its Current Ratio is at 10.23. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, BTIG Research on October 17, 2024, initiated with a Buy rating and assigned the stock a target price of $25.
On July 23, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $21 to $19.
UBS Downgraded its Buy to Neutral on November 03, 2023, whereas the target price for the stock was revised from $52 to $24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INMD now has a Market Capitalization of 1264577280 and an Enterprise Value of 675926592. As of this moment, Inmode’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.77, and their Forward P/E ratio for the next fiscal year is 8.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 1.712 whereas that against EBITDA is 5.968.
Stock Price History:
The Beta on a monthly basis for INMD is 1.96, which has changed by -0.14406782 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, INMD has reached a high of $21.92, while it has fallen to a 52-week low of $14.87. The 50-Day Moving Average of the stock is 1.18%, while the 200-Day Moving Average is calculated to be 3.41%.
Shares Statistics:
Over the past 3-months, INMD traded about 981.33K shares per day on average, while over the past 10 days, INMD traded about 1225330 shares per day. A total of 69.56M shares are outstanding, with a floating share count of 58.28M. Insiders hold about 16.22% of the company’s shares, while institutions hold 62.10% stake in the company. Shares short for INMD as of 1740700800 were 6273444 with a Short Ratio of 6.39, compared to 1738281600 on 6052561. Therefore, it implies a Short% of Shares Outstanding of 6273444 and a Short% of Float of 9.98.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
