While Neuronetics Inc has underperformed by -0.58%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, STIM rose by 111.18%, with highs and lows ranging from $5.92 to $0.52, whereas the simple moving average jumped by 26.77% 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 83.59%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Neuronetics Inc’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 -152.14% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.28, 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 829.13K can be a very valuable indicator of volatility for STIM stock. On a monthly basis, the volatility of the stock is set at 5.27%, whereas on a weekly basis, it is put at 6.94%, with a gain of 0.59% over the past seven days. Furthermore, long-term investors anticipate a median target price of $6.83, showing growth from the present price of $3.4, 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 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 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 25.97% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
STIM shares are owned by institutional investors to the tune of 25.97% at present.
