Metric Analysis: Acutus Medical Inc (AFIB)’s Key Ratios in the Limelight

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In the latest session, Acutus Medical Inc (NASDAQ: AFIB) closed at $0.14 down -5.31% from its previous closing price of $0.15. In other words, the price has decreased by -$5.31 from its previous closing price. On the day, 0.57 million shares were traded. AFIB stock price reached its highest trading level at $0.154 during the session, while it also had its lowest trading level at $0.1441.

Ratios:

For a deeper understanding of Acutus Medical Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.85 and its Current Ratio is at 4.92. In the meantime, Its Debt-to-Equity ratio is 1.23 whereas as Long-Term Debt/Eq ratio is at 1.21.

On October 22, 2021, Goldman started tracking the stock assigning a Neutral rating and target price of $10.

Canaccord Genuity Upgraded its Hold to Buy on July 15, 2021, whereas the target price for the stock was revised from $11 to $18.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AFIB now has a Market Capitalization of 4300701 and an Enterprise Value of 20375900. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at 2.844 whereas that against EBITDA is -0.994.

Stock Price History:

The Beta on a monthly basis for AFIB is 0.25, which has changed by -0.836887 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, AFIB has reached a high of $1.09, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -20.95%, while the 200-Day Moving Average is calculated to be -60.02%.

Shares Statistics:

For the past three months, AFIB has traded an average of 989.83K shares per day and 261200 over the past ten days. A total of 29.31M shares are outstanding, with a floating share count of 18.94M. Insiders hold about 36.27% of the company’s shares, while institutions hold 5.63% stake in the company. Shares short for AFIB as of 1713139200 were 553603 with a Short Ratio of 0.56, compared to 1710460800 on 984699. Therefore, it implies a Short% of Shares Outstanding of 553603 and a Short% of Float of 1.9.

Earnings Estimates

On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was $0.41. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $6.81M. There is a high estimate of $6.81M for the next quarter, whereas the lowest estimate is $6.81M.

Based on 1 analysts’ estimates, the company’s revenue will be $35.36M in the next fiscal year. The high estimate is $35.36M and the low estimate is $35.36M.

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