PAVmed Inc. (PAVM) Insider Activity Report: Who’s Buying?

PAVmed Inc. (NASDAQ:PAVM) saw a downside of -0.45% to $7.82 after subtracting -$0.04 on Tuesday. The 5-day average trading volume is 1,764,259 shares of the company’s common stock. It has gained $8.97 in the past week. An average of 2,035,215 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,986,988.

PAVM’s 1-month performance is -2.96% or -$0.35 on its low of $7.32 reached on 09/20/21. The company’s shares have touched a 52-week low of $1.63 and high of $9.70, with the stock’s rally to the 52-week high happening on 09/23/21. YTD, PAVM has achieved 270.75% or $5.64. However, the current price is down -19.33%% from the 52-week high price.


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Insider Transactions

On Nov 25, 321 days have gone by since the last insider trading activity for PAVmed Inc. (PAVM). SIROVICH MATTHEW (10% Owner) most recently sold 33,203 shares at $1.96 per share on Nov 25. This transaction cost the insider $65,048. 10% Owner, SIROVICH MATTHEW, sold 53,036 shares at a price of $2.00 on Nov 24. Then, on Nov 19, 10% Owner SIROVICH MATTHEW sold 75,211 shares at a price of $1.83 per share. This transaction amounted to $137,418.

Valuation Metrics

PAVmed Inc. (PAVM) has a trailing price-to-earnings (P/E) ratio of 26.30 for the broader industry and 32.24 for the sector.PAVM stock has a beta of 0.18. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 16.04.

PAVmed Inc.’s quick ratio for the period ended June 29 was 8.70, with the current ratio over the same period at 8.70 meaning that PAVM stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.00, while the total debt to equity was 0.00. The firm’s gross profit as reported stood at $53000.0 against revenue of $23.35 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected PAVM to announce -$0.1 per share in earnings in its latest quarter, but it posted -$0.14, representing a -40.00% surprise. EBITDA for the quarter stood at more than -$12.95 million. PAVM stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.33 million. Shareholders hold equity totaling $84.77 million

Technical Picture

Let’s look briefly at PAVmed Inc. (PAVM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 42.32% to suggest the stock is trending Neutral, with historical volatility in this time period at 67.68%.

The stock’s 5-day moving average is $8.15, reflecting a -6.90% or -$0.57 change from its current price. PAVM is currently trading +3.13% above its 20-day SMA, +70.81% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +7.56% and +297.69% respectively.

Stochastic %K and %D was 14.63% and 30.11% and the average true range (ATR) pointed at 0.55. The RSI (14) points at 46.61%, while the 14-day stochastic is at 4.66% with the period’s ATR at 0.54. The stock’s 9-day MACD Oscillator is pointing at -0.25 and -0.47 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for PAVmed Inc. (NASDAQ: PAVM), Cantor Fitzgerald launched coverage with an Overweight rating. Analysts offering their rating for PAVM stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate PAVM as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.

What is PAVM’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $8.00 and a high of $12.00, with their median price target at $9.00. Looking at these predictions, the average price target given by analysts is for PAVmed Inc. (PAVM) stock is $9.50.

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