For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
DarioHealth Corp (NASDAQ: DRIO) closed the day trading at $0.66 down -8.50% from the previous closing price of $0.72. In other words, the price has decreased by -$8.50 from its previous closing price. On the day, 0.56 million shares were traded. DRIO stock price reached its highest trading level at $0.67 during the session, while it also had its lowest trading level at $0.6311.
Ratios:
For a better understanding of DRIO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.14 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.34.
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 the company, TD Cowen on January 29, 2025, Downgraded its rating to Hold and sets its target price to $1 from $2 previously.
On May 13, 2022, Alliance Global Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $8.75.
On April 22, 2021, Cowen started tracking the stock assigning a Outperform rating and target price of $31.Cowen initiated its Outperform rating on April 22, 2021, with a $31 target price.
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 Nov 12 ’24 when Nelson Steven Charles bought 5,000 shares for $0.91 per share. The transaction valued at 4,546 led to the insider holds 55,000 shares of the business.
Nelson Steven Charles bought 5,000 shares of DRIO for $4,221 on Sep 10 ’24. The Chief Commercial Officer now owns 45,000 shares after completing the transaction at $0.84 per share. On Sep 11 ’24, another insider, Nelson Steven Charles, who serves as the Chief Commercial Officer of the company, bought 5,000 shares for $0.80 each. As a result, the insider paid 4,022 and bolstered with 50,000 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, DRIO now has a Market Capitalization of 27434222 and an Enterprise Value of 31489620. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 1.123 whereas that against EBITDA is -0.764.
Stock Price History:
The Beta on a monthly basis for DRIO is 1.59, which has changed by -0.64893615 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, DRIO has reached a high of $1.93, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -3.56%, while the 200-Day Moving Average is calculated to be -17.72%.
Shares Statistics:
Over the past 3-months, DRIO traded about 293.21K shares per day on average, while over the past 10 days, DRIO traded about 207070 shares per day. A total of 38.39M shares are outstanding, with a floating share count of 30.92M. Insiders hold about 25.62% of the company’s shares, while institutions hold 19.57% stake in the company. Shares short for DRIO as of 1745971200 were 2702780 with a Short Ratio of 9.22, compared to 1743379200 on 2704982. Therefore, it implies a Short% of Shares Outstanding of 2702780 and a Short% of Float of 7.16.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
