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In the latest session, SI-BONE Inc (NASDAQ: SIBN) closed at $13.24 down -9.81% from its previous closing price of $14.68. In other words, the price has decreased by -$9.81 from its previous closing price. On the day, 0.63 million shares were traded. SIBN stock price reached its highest trading level at $14.52 during the session, while it also had its lowest trading level at $13.02.
Ratios:
For a deeper understanding of SI-BONE Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.12 and its Current Ratio is at 9.17. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.22.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 02 ’24 when RECUPERO ANTHONY J sold 3,305 shares for $13.58 per share. The transaction valued at 44,877 led to the insider holds 233,412 shares of the business.
RECUPERO ANTHONY J sold 921 shares of SIBN for $12,526 on Oct 03 ’24. The President, Commercial Ops now owns 232,491 shares after completing the transaction at $13.60 per share. On Oct 02 ’24, another insider, Maheshwari Anshul, who serves as the Chief Financial Officer of the company, sold 3,305 shares for $13.58 each. As a result, the insider received 44,886 and left with 197,062 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 552029888 and an Enterprise Value of 438923360. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.66 while its Price-to-Book (P/B) ratio in mrq is 3.34. Its current Enterprise Value per Revenue stands at 2.912 whereas that against EBITDA is -10.809.
Stock Price History:
Over the past 52 weeks, SIBN has reached a high of $22.56, while it has fallen to a 52-week low of $11.76. The 50-Day Moving Average of the stock is -11.38%, while the 200-Day Moving Average is calculated to be -18.14%.
Shares Statistics:
For the past three months, SIBN has traded an average of 341.57K shares per day and 357930 over the past ten days. A total of 40.69M shares are outstanding, with a floating share count of 36.71M. Insiders hold about 11.95% of the company’s shares, while institutions hold 90.79% stake in the company. Shares short for SIBN as of 1726185600 were 1646462 with a Short Ratio of 4.82, compared to 1723680000 on 1556347. Therefore, it implies a Short% of Shares Outstanding of 1646462 and a Short% of Float of 4.4899996.
