G Medical Innovations Holdings Ltd (NASDAQ:GMVD) finished Wednesday with a subtraction of $0.0 to close at $0.18, a downside of 0.00 percent. An average of 4,659,300 shares of common stock have been traded in the last five days. There was a fall of -$0.0086 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 3,604,370 shares traded, while the 50-day average volume stands at 1,523,032.
GMVD stock has decreased by -46.05% in the last month. The company shares reached their 1-month lowest point of $0.1449 on 08/17/23. With the stock rallying to its 52-week high on 01/09/23, shares of the company touched a low of $0.14 and a high of $13.82 in 52 weeks. It has reached a new high 3 times so far this year and lost -94.48% or -$3.0990 in price. In spite of this, the price is down -98.69% from the 52-week high.
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Insider Transactions
GMVD stock investors should be aware that G Medical Innovations Holdings Ltd (GMVD) stock had its last reported insider trading activity 143 days ago on Apr 03. In this transaction, the insider spent $218,280. 10% Owner, AWM Investment Company, Inc., disposed of 437,500 shares at a price of $1.02 on Mar 31. The insider now owns more than $446,644 worth of shares.
Financial Health
G Medical Innovations Holdings Ltd’s EBITDA margin is -590.63%. Its gross profit as reported stood at $0.78 million compared to revenue of $4.42 million.
Earnings Surprise
The company posted a net income of $24.63 million in the quarter, while revenues were grew 100.53%.
Technical Picture
From a technical analysis perspective, let’s take a brief look at G Medical Innovations Holdings Ltd (GMVD) price momentum. RSI 9-day as of the close on 23 August was 40.80%, suggesting the stock is Neutral, with historical volatility in this time frame at 164.25%.
As of today, GMVD’s price is $0.1716 -4.54% or -$0.0086 from its 5-day moving average. GMVD is currently trading -46.00% lower than its 20-day SMA and -89.10% lower than its 100-day SMA. However, the stock’s current price level is -53.17% below the SMA50 and -96.06% below the SMA200.
The stochastic %K and %D were 12.92% and 10.75%, respectively, and the average true range (ATR) was 0.0406. With the 14-day stochastic at 16.44% and the average true range at 0.0379, the RSI (14) stands at 37.01%. The stock has reached -0.0096 on the 9-day MACD Oscillator while the 14-day reading was at -0.0107.
Analyst Ratings
The consensus rating for G Medical Innovations Holdings Ltd (GMVD) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GMVD, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is GMVD’s price target for the next 12 months?
Analysts predict a range of price targets between $4.00 and $4.00, with a median target of $4.00. Taking a look at these predictions, the average price target given by analysts for G Medical Innovations Holdings Ltd (GMVD) stock is $4.00.
