Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Staar Surgical Co (NASDAQ: STAA) closed at $16.59 in the last session, up 2.28% from day before closing price of $16.22. In other words, the price has increased by $2.28 from its previous closing price. On the day, 0.79 million shares were traded.
Ratios:
We take a closer look at STAA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.62 and its Current Ratio is at 5.23. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
On February 12, 2025, Mizuho Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $45 to $17.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 12 ’25 when BROADWOOD PARTNERS, L.P. bought 259,616 shares for $14.96 per share. The transaction valued at 3,883,255 led to the insider holds 11,137,623 shares of the business.
BROADWOOD PARTNERS, L.P. bought 115,282 shares of STAA for $1,825,514 on Feb 13 ’25. The 10% Owner now owns 11,252,905 shares after completing the transaction at $15.84 per share. On Feb 14 ’25, another insider, BROADWOOD PARTNERS, L.P., who serves as the 10% Owner of the company, bought 36,532 shares for $15.49 each. As a result, the insider paid 565,998 and bolstered with 11,289,437 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 2.06.
Stock Price History:
Over the past 52 weeks, STAA has reached a high of $52.68, while it has fallen to a 52-week low of $13.50. The 50-Day Moving Average of the stock is -26.06%, while the 200-Day Moving Average is calculated to be -48.92%.
Shares Statistics:
A total of 49.29M shares are outstanding, with a floating share count of 49.02M. Insiders hold about 0.63% of the company’s shares, while institutions hold 99.53% stake in the company.
