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After finishing at $12.92 in the prior trading day, SI-BONE Inc (NASDAQ: SIBN) closed at $12.36, down -4.33%. In other words, the price has decreased by -$4.33 from its previous closing price. On the day, 0.61 million shares were traded. SIBN stock price reached its highest trading level at $13.095 during the session, while it also had its lowest trading level at $12.32.
Ratios:
Our goal is to gain a better understanding of SIBN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.22 and its Current Ratio is at 8.25. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.
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 this company, Needham on August 06, 2024, Reiterated its Buy rating but revised its target price to $19 from $27 previously.
On March 28, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $25.
On October 12, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $20.Jefferies initiated its Buy rating on October 12, 2022, with a $20 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 04 ’24 when DUNN JEFFREY W sold 341 shares for $13.55 per share. The transaction valued at 4,621 led to the insider holds 22,040 shares of the business.
RECUPERO ANTHONY J sold 3,305 shares of SIBN for $44,877 on Oct 02 ’24. The President, Commercial Ops now owns 233,412 shares after completing the transaction at $13.58 per share. On Oct 03 ’24, another insider, RECUPERO ANTHONY J, who serves as the President, Commercial Ops of the company, sold 921 shares for $13.60 each. As a result, the insider received 12,526 and left with 232,491 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, SIBN now has a Market Capitalization of 518356128 and an Enterprise Value of 406074880. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 3.13. Its current Enterprise Value per Revenue stands at 2.586 whereas that against EBITDA is -10.823.
Stock Price History:
Over the past 52 weeks, SIBN has reached a high of $21.70, while it has fallen to a 52-week low of $11.76. The 50-Day Moving Average of the stock is -11.54%, while the 200-Day Moving Average is calculated to be -18.43%.
Shares Statistics:
The stock has traded on average 370.70K shares per day over the past 3-months and 541590 shares per day over the last 10 days, according to various share statistics. A total of 40.69M shares are outstanding, with a floating share count of 36.87M. Insiders hold about 12.09% of the company’s shares, while institutions hold 92.18% stake in the company. Shares short for SIBN as of 1730332800 were 1616131 with a Short Ratio of 4.36, compared to 1727654400 on 1692559. Therefore, it implies a Short% of Shares Outstanding of 1616131 and a Short% of Float of 4.4099998000000005.
