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.
The closing price of Myomo Inc (AMEX: MYO) was $2.08 for the day, down -5.02% from the previous closing price of $2.19. In other words, the price has decreased by -$5.02 from its previous closing price. On the day, 0.85 million shares were traded. MYO stock price reached its highest trading level at $2.38 during the session, while it also had its lowest trading level at $2.06.
Ratios:
Our analysis of MYO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.35.
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, Craig Hallum on July 31, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On May 20, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $7.
On December 15, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $6.50.H.C. Wainwright initiated its Buy rating on December 15, 2023, with a $6.50 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 30 ’25 when David Henry bought 23,587 shares for $2.19 per share.
Harry Kovelman bought 13,054 shares of MYO for $28,588 on Jun 28 ’25. On Jun 06 ’25, another insider, Harry Kovelman, who serves as the Officer of the company, bought 5,743 shares for $2.97 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MYO now has a Market Capitalization of 74836112 and an Enterprise Value of 64460824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 3.30. Its current Enterprise Value per Revenue stands at 1.669 whereas that against EBITDA is -11.713.
Stock Price History:
The Beta on a monthly basis for MYO is 1.41, which has changed by -0.584 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, MYO has reached a high of $7.17, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is -30.86%, while the 200-Day Moving Average is calculated to be -54.68%.
Shares Statistics:
MYO traded an average of 610.59K shares per day over the past three months and 955930 shares per day over the past ten days. A total of 34.44M shares are outstanding, with a floating share count of 33.06M. Insiders hold about 8.13% of the company’s shares, while institutions hold 52.65% stake in the company. Shares short for MYO as of 1749772800 were 1039148 with a Short Ratio of 2.69, compared to 1747267200 on 1111707. Therefore, it implies a Short% of Shares Outstanding of 1039148 and a Short% of Float of 3.0199999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
