Market Recap: Icecure Medical Ltd (ICCM)’s Negative Momentum, Closing at 0.92

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The closing price of Icecure Medical Ltd (NASDAQ: ICCM) was $0.92 for the day, down -8.91% from the previous closing price of $1.01. In other words, the price has decreased by -$8.91 from its previous closing price. On the day, 1.99 million shares were traded. ICCM stock price reached its highest trading level at $0.97 during the session, while it also had its lowest trading level at $0.9101.

Ratios:

Our analysis of ICCM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.89. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.02.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ICCM now has a Market Capitalization of 54001240 and an Enterprise Value of 48266972. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.33 while its Price-to-Book (P/B) ratio in mrq is 8.99. Its current Enterprise Value per Revenue stands at 14.747 whereas that against EBITDA is -3.141.

Stock Price History:

The Beta on a monthly basis for ICCM is 1.45, which has changed by 0.49593496 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, ICCM has reached a high of $1.63, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -8.41%, while the 200-Day Moving Average is calculated to be -11.78%.

Shares Statistics:

ICCM traded an average of 1.00M shares per day over the past three months and 4876570 shares per day over the past ten days. A total of 58.62M shares are outstanding, with a floating share count of 34.88M. Insiders hold about 49.23% of the company’s shares, while institutions hold 0.24% stake in the company. Shares short for ICCM as of 1752537600 were 358410 with a Short Ratio of 0.36, compared to 1749772800 on 210019. Therefore, it implies a Short% of Shares Outstanding of 358410 and a Short% of Float of 7.0700005.