InspireMD Inc. (NASDAQ:NSPR) saw an upside of 7.91% to $4.23 after adding $0.31 on Wednesday. The 5-day average trading volume is 652,460 shares of the company’s common stock. It has gained $4.65 in the past week. An average of 276,550 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 315,136.
NSPR’s 1-month performance is -4.39% or $0.05 on its low of $3.81 reached on 10/11/21. The company’s shares have touched a 52-week low of $3.60 and high of $22.20, with the stock’s rally to the 52-week high happening on 02/11/21. YTD, NSPR has lost -23.34% or -$0.97. However, the current price is down -80.95%% from the 52-week high price.
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InspireMD Inc. (NSPR) has a trailing price-to-earnings (P/E) ratio of 26.30 for the broader industry and 32.21 for the sector.NSPR stock has a beta of 1.79. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 9.81 while the price-to-book (PB) in the most recent quarter is 0.74.
InspireMD Inc.’s quick ratio for the period ended June 29 was 11.60, with the current ratio over the same period at 11.90 meaning that NSPR 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. In terms of profitability, the gross margin trailing 12 months is 8.70%. The trailing 12-month EBITDA margin is -400.52%. The firm’s gross profit as reported stood at $83000.0 against revenue of $2.48 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 0.96% to $1.04 million, while revenue of $0.16 million was 84.62% off the previous quarter. Analysts expected NSPR to announce -$0.63 per share in earnings in its latest quarter, but it posted -$0.46, representing a 27.00% surprise. EBITDA for the quarter stood at more than -$3.41 million. NSPR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.54 million, with total debt at $1.32 million. Shareholders hold equity totaling $7.91 million
Let’s look briefly at InspireMD Inc. (NSPR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 53.83% to suggest the stock is trending Neutral, with historical volatility in this time period at 40.86%.
The stock’s 5-day moving average is $3.96, reflecting a +6.10% or $0.24 change from its current price. NSPR is currently trading -10.59% above its 20-day SMA, -23.18% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +9.75% and -27.22% respectively.
Stochastic %K and %D was 19.84% and 14.31% and the average true range (ATR) pointed at 0.26. The RSI (14) points at 50.61%, while the 14-day stochastic is at 40.30% with the period’s ATR at 0.27. The stock’s 9-day MACD Oscillator is pointing at 0.00 and -0.11 on the 14-day charts.
In the most recent analyst report for InspireMD Inc. (NASDAQ: NSPR), Rodman & Renshaw launched coverage with a Buy rating. Analysts offering their rating for NSPR stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate NSPR as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is NSPR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $16.50 and a high of $16.50, with their median price target at $16.50. Looking at these predictions, the average price target given by analysts is for InspireMD Inc. (NSPR) stock is $16.50.