Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of TriSalus Life Sciences Inc (NASDAQ: TLSI) closed at $4.25 in the last session, down -1.62% from day before closing price of $4.32. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 0.23 million shares were traded. TLSI stock price reached its highest trading level at $4.36 during the session, while it also had its lowest trading level at $4.1484.
Ratios:
We take a closer look at TLSI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.40.
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, ROTH MKM on November 11, 2024, initiated with a Buy rating and assigned the stock a target price of $11.
On October 25, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $12.50.
On September 16, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $10.Oppenheimer initiated its Outperform rating on September 16, 2024, with a $10 target price.
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 Nov 22 ’24 when Wahlstrom Mats bought 5,000 shares for $4.55 per share. The transaction valued at 22,750 led to the insider holds 15,727 shares of the business.
Wahlstrom Mats bought 8,687 shares of TLSI for $38,570 on Nov 21 ’24. The Director now owns 10,727 shares after completing the transaction at $4.44 per share. On Nov 20 ’24, another insider, Wahlstrom Mats, who serves as the Director of the company, bought 2,040 shares for $4.16 each. As a result, the insider paid 8,486 and bolstered with 2,040 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, TLSI now has a Market Capitalization of 131730448 and an Enterprise Value of 121476184. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.82. Its current Enterprise Value per Revenue stands at 4.911 whereas that against EBITDA is -2.349.
Stock Price History:
Over the past 52 weeks, TLSI has reached a high of $10.42, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is 0.51%, while the 200-Day Moving Average is calculated to be -36.74%.
Shares Statistics:
According to the various share statistics, TLSI traded on average about 44.16K shares per day over the past 3-months and 42470 shares per day over the past 10 days. A total of 26.41M shares are outstanding, with a floating share count of 4.61M. Insiders hold about 84.88% of the company’s shares, while institutions hold 7.12% stake in the company. Shares short for TLSI as of 1730332800 were 58437 with a Short Ratio of 0.72, compared to 1727654400 on 51196. Therefore, it implies a Short% of Shares Outstanding of 58437 and a Short% of Float of 0.32.
