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.
As of close of business last night, Atricure Inc’s stock clocked out at $38.22, down -6.64% from its previous closing price of $40.94. In other words, the price has decreased by -$6.64 from its previous closing price. On the day, 0.82 million shares were traded.
Ratios:
To gain a deeper understanding of ATRC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.62 and its Current Ratio is at 3.65. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.16.
On April 23, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $32.
On October 23, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $60.JMP Securities initiated its Mkt Outperform rating on October 23, 2023, with a $60 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 15 ’24 when Yuen Maggie sold 3,500 shares for $24.07 per share. The transaction valued at 84,245 led to the insider holds 8,970 shares of the business.
Yuen Maggie bought 3,500 shares of ATRC for $84,245 on Aug 15 ’24. On May 30 ’24, another insider, Privitera Salvatore, who serves as the Chief Technical Officer of the company, bought 5,000 shares for $22.25 each. As a result, the insider paid 111,250 and bolstered with 103,290 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.30 while its Price-to-Book (P/B) ratio in mrq is 4.05.
Stock Price History:
Over the past 52 weeks, ATRC has reached a high of $43.11, while it has fallen to a 52-week low of $18.94. The 50-Day Moving Average of the stock is 6.31%, while the 200-Day Moving Average is calculated to be 33.24%.
Shares Statistics:
A total of 48.87M shares are outstanding, with a floating share count of 47.16M. Insiders hold about 3.26% of the company’s shares, while institutions hold 96.37% stake in the company.
