While Neuronetics Inc has underperformed by -1.53%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, STIM rose by 139.75%, with highs and lows ranging from $5.92 to $0.52, whereas the simple moving average jumped by 21.44% in the last 200 days.
On August 13, 2024, William Blair Downgraded Neuronetics Inc (NASDAQ: STIM) to Mkt Perform. A report published by William Blair on October 13, 2021, Downgraded its rating to ‘Mkt Perform’ for STIM. BTIG Research initiated its ‘Buy’ rating for STIM, as published in its report on February 06, 2020.
Analysis of Neuronetics Inc (STIM)
Further, the quarter-over-quarter increase in sales is 131.66%, showing a positive trend in the upcoming months.
Neuronetics Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -207.57% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.84, 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.
The average volume for any stock is also a very valuable indicator of volatility, and STIM has an average volume of 935.75K. On a monthly basis, the volatility of the stock is set at 8.86%, whereas on a weekly basis, it is put at 9.73%, with a loss of -15.07% over the past seven days. Furthermore, long-term investors anticipate a median target price of $6.50, showing growth from the present price of $3.86, which can serve as yet another indication of whether STIM is worth investing in or should be passed over.
How Do You Analyze Neuronetics Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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 44.39%. 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 27.10% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
