Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Neuronetics Inc (NASDAQ: STIM) closed the day trading at $2.60 down -30.67% from the previous closing price of $3.75. In other words, the price has decreased by -$30.67 from its previous closing price. On the day, 0.99 million shares were traded. STIM stock price reached its highest trading level at $3.59 during the session, while it also had its lowest trading level at $2.3858.
Ratios:
For a better understanding of STIM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.33 and its Current Ratio is at 4.73. In the meantime, Its Debt-to-Equity ratio is 1.83 whereas as Long-Term Debt/Eq ratio is at 1.80.
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 Feb 29 ’24 when MACAN WILLIAM ANDREW sold 6,026 shares for $2.94 per share. The transaction valued at 17,716 led to the insider holds 389,333 shares of the business.
MACAN WILLIAM ANDREW sold 22,377 shares of STIM for $70,711 on Feb 28 ’24. The EVP, GC, CCO and CS now owns 395,359 shares after completing the transaction at $3.16 per share. On Feb 28 ’24, another insider, Furlong Stephen, who serves as the EVP, CFO and Treasurer of the company, sold 3,985 shares for $3.16 each. As a result, the insider received 12,593 and left with 483,776 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, STIM now has a Market Capitalization of 77933960 and an Enterprise Value of 80162736. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 1.124 whereas that against EBITDA is -3.02.
Stock Price History:
Over the past 52 weeks, STIM has reached a high of $5.07, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -34.05%, while the 200-Day Moving Average is calculated to be 4.08%.
Shares Statistics:
Over the past 3-months, STIM traded about 162.92K shares per day on average, while over the past 10 days, STIM traded about 52770 shares per day. A total of 29.09M shares are outstanding, with a floating share count of 27.86M. Insiders hold about 6.36% of the company’s shares, while institutions hold 61.67% stake in the company. Shares short for STIM as of 1713139200 were 57690 with a Short Ratio of 0.35, compared to 1710460800 on 53175. Therefore, it implies a Short% of Shares Outstanding of 57690 and a Short% of Float of 0.2.
