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As of close of business last night, Atricure Inc’s stock clocked out at $37.62, up 6.06% from its previous closing price of $35.47. In other words, the price has increased by $6.06 from its previous closing price. On the day, 0.79 million shares were traded. ATRC stock price reached its highest trading level at $37.74 during the session, while it also had its lowest trading level at $35.85.
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 2.59 and its Current Ratio is at 3.62. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.16.
On October 23, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $60.
On September 29, 2023, UBS started tracking the stock assigning a Buy rating and target price of $56.UBS initiated its Buy rating on September 29, 2023, with a $56 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATRC now has a Market Capitalization of 1834099072 and an Enterprise Value of 1780890240. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.10 while its Price-to-Book (P/B) ratio in mrq is 3.94. Its current Enterprise Value per Revenue stands at 3.979 whereas that against EBITDA is -110.807.
Stock Price History:
Over the past 52 weeks, ATRC has reached a high of $43.00, while it has fallen to a 52-week low of $18.94. The 50-Day Moving Average of the stock is 31.56%, while the 200-Day Moving Average is calculated to be 40.32%.
Shares Statistics:
It appears that ATRC traded 607.59K shares on average per day over the past three months and 992480 shares per day over the past ten days. A total of 47.53M shares are outstanding, with a floating share count of 47.16M. Insiders hold about 3.28% of the company’s shares, while institutions hold 102.04% stake in the company. Shares short for ATRC as of 1728950400 were 3286741 with a Short Ratio of 5.41, compared to 1726185600 on 3545801. Therefore, it implies a Short% of Shares Outstanding of 3286741 and a Short% of Float of 6.950000000000001.
