Analyzing IONM’s price-to-book ratio for the last quarter

In the current trading session, Assure Holdings Corp’s (IONM) stock is trading at the price of $0.70, a gain of 17.20% over last night’s close. So, the stock is trading at a price that is -89.83% less than its 52-week high of $6.88 and 249.85% better than its 52-week low of $0.20. Based on the past 30-day period, the stock price is -5.30% below the high and +96.08% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, IONM’s SMA-200 is $0.4074.

How does Assure Holdings Corp (IONM) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 1 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 5.00 in simple terms.

Assure Holdings Corp (IONM): Earnings History

If we examine Assure Holdings Corp’s recent earnings history, in the last quarter ended on 9/29/2023, it posted adjusted earnings per share of -$0.82, beating the consensus of -$0.15. In other words, it beat the consensus by -$0.67, resulting in a -446.70% surprise. In the 3 months period before the previous quarter which was closed on 9/29/2023, the stock recorded adjusted earnings per share of -$0.82 in contrast with the Outlook of -$0.15. That was a difference of -$0.67 and a surprise of -446.70%.

Assure Holdings Corp (NASDAQ: IONM) Ownership Details

I will give a breakdown of the key shareholders in Assure Holdings Corp (IONM). Recent figures show that the company’s insiders hold 3.46% of shares. A total of 9 institutional investors hold shares in the company, making 3.09% of its stock and 3.20% of its float.

Dec 30, 2023, it was reported that the Company’s largest institutional holder is HRT Financial LP holding total of 66649.0 shares that make 0.99% of the company’s total number of shares and are currently priced at 47847.0.

The securities firm Citadel Advisors Llc holds 40869.0 shares of IONM, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.61%, and the holding percentage of shares is valued at 29339.0.

An overview of Assure Holdings Corp’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Assure Holdings Corp (IONM) traded 2,591,003 shares per day, with a moving average of $0.5242 and price change of +0.2839. With the moving average of $0.3979 and a price change of +0.4049, about 1,540,453 shares changed hands on average over the past 50 days. Finally, IONM’s 100-day average volume is 1,993,363 shares, alongside a moving average of $0.3435 and a price change of +0.3368.

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