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The price of Inari Medical Inc (NASDAQ: NARI) closed at $49.65 in the last session, up 4.46% from day before closing price of $47.53. In other words, the price has increased by $4.46 from its previous closing price. On the day, 0.58 million shares were traded. NARI stock price reached its highest trading level at $49.91 during the session, while it also had its lowest trading level at $47.78.
Ratios:
We take a closer look at NARI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 145.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, Deutsche Bank on August 09, 2024, initiated with a Buy rating and assigned the stock a target price of $68.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 12 ’24 when Hill, Mitch C. sold 5,000 shares for $47.99 per share. The transaction valued at 239,964 led to the insider holds 179,600 shares of the business.
Hykes Andrew sold 3,000 shares of NARI for $165,690 on Jul 22 ’24. The President and CEO now owns 455,252 shares after completing the transaction at $55.23 per share. On Jul 16 ’24, another insider, Hoffman William, who serves as the Director of the company, sold 60,000 shares for $56.74 each. As a result, the insider received 3,404,646 and left with 743,296 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, NARI now has a Market Capitalization of 2892941824 and an Enterprise Value of 2692895232. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.28 while its Price-to-Book (P/B) ratio in mrq is 6.81. Its current Enterprise Value per Revenue stands at 4.919 whereas that against EBITDA is -181.011.
Stock Price History:
Over the past 52 weeks, NARI has reached a high of $71.25, while it has fallen to a 52-week low of $36.73. The 50-Day Moving Average of the stock is -0.39%, while the 200-Day Moving Average is calculated to be -4.01%.
Shares Statistics:
According to the various share statistics, NARI traded on average about 850.77K shares per day over the past 3-months and 818710 shares per day over the past 10 days. A total of 57.76M shares are outstanding, with a floating share count of 49.66M. Insiders hold about 14.78% of the company’s shares, while institutions hold 86.78% stake in the company. Shares short for NARI as of 1722384000 were 4577190 with a Short Ratio of 5.38, compared to 1719532800 on 4657875. Therefore, it implies a Short% of Shares Outstanding of 4577190 and a Short% of Float of 9.950000000000001.
