Senseonics Holdings Inc. (AMEX:SENS) finished Thursday with a subtraction of -$0.03 to close at $0.51, a downside of -5.91 percent. An average of 7,300,780 shares of common stock have been traded in the last five days. There was a fall of -$0.0084 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 6,042,780 shares traded, while the 50-day average volume stands at 7,802,708.
SENS stock has decreased by -45.52% in the last month. The company shares reached their 1-month lowest point of $0.5001 on 08/23/23. With the stock rallying to its 52-week high on 02/03/23, shares of the company touched a low of $0.50 and a high of $1.96 in 52 weeks. It has reached a new high 10 times so far this year and lost -50.67% or -$0.5219 in price. In spite of this, the price is down -74.08% from the 52-week high.
Valuation Metrics
Senseonics Holdings Inc. (SENS) stock’s beta is 1.04. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 13.19, the price-to-book (PB) ratio at 5.65.
Financial Health
The quick ratio of Senseonics Holdings Inc. for the three months ended June 29 was 8.10, and the current ratio was 8.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.74 and a total debt to equity ratio of 0.74 for the quarter ending June 29. Its gross profit as reported stood at $2.73 million compared to revenue of $16.39 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Senseonics Holdings Inc.’s return on assets was -40.40%.
Earnings Surprise
For the three-month period that ended June 29, Senseonics Holdings Inc. had $39.11 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$20.42 million in the quarter, while revenues of $1.32 million were grew 610.43%. The analyst consensus anticipated Senseonics Holdings Inc.’s latest quarter earnings to come in at -$0.04 per share, but it turned out to be -$0.04, a 0.00% surprise. For the quarter, EBITDA amounted to -$19.65 million. Shareholders own equity worth $492.9 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Senseonics Holdings Inc. (SENS) price momentum. RSI 9-day as of the close on 24 August was 22.86%, suggesting the stock is oversold, with historical volatility in this time frame at 69.69%.
As of today, SENS’s price is $0.5234 -1.63% or -$0.0084 from its 5-day moving average. SENS is currently trading -42.91% lower than its 20-day SMA and -28.44% lower than its 100-day SMA. However, the stock’s current price level is -32.73% below the SMA50 and -56.94% below the SMA200.
The stochastic %K and %D were 5.17% and 5.78%, respectively, and the average true range (ATR) was 0.0533. With the 14-day stochastic at 2.21% and the average true range at 0.0564, the RSI (14) stands at 28.14%. The stock has reached -0.0180 on the 9-day MACD Oscillator while the 14-day reading was at -0.0998.
Analyst Ratings
Jefferies launched coverage on Senseonics Holdings Inc. (AMEX: SENS) in its analyst report released on July 19, 2023. The firm assigned the stock an Underperform rating.
