SeaStar Medical Holding Corp (NASDAQ:ICU) marked $0.45 per share on Friday, up from a previous closing price of $0.45. While SeaStar Medical Holding Corp has overperformed by 0.22%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ICU fell by -89.75%, with highs and lows ranging from $6.34 to $0.16, whereas the simple moving average fell by -46.67% in the last 200 days.
Analysis of SeaStar Medical Holding Corp (ICU)
In order to gain a clear picture of SeaStar Medical Holding Corp’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -103.15% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.18, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 16.91M can be a very valuable indicator of volatility for ICU stock. On a monthly basis, the volatility of the stock is set at 13.88%, whereas on a weekly basis, it is put at 10.93%, with a loss of -11.29% over the past seven days. Furthermore, long-term investors anticipate a median target price of $2.00, showing growth from the present price of $0.45, which can serve as yet another indication of whether ICU is worth investing in or should be passed over.
How Do You Analyze SeaStar Medical Holding Corp Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 34.01%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 5.31% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in ICU shares?
The recent increase in stakes in ICU appears to be a result of several institutional investors and hedge funds increasing their positions. Geode Capital Management LLC’s position in ICU has increased by 373.87% in the first quarter. The company now owns 86,714 shares of the stock, with a value of $44137.0, following the purchase of 68,415 additional shares during the last quarter. During the last quarter, the company dropped down 0 additional shares for a total stake of worth $22339.0, bringing number of shares owned by the company to 43,888.
ICU shares are owned by institutional investors to the tune of 5.31% at present.