At the last check on Thursday, Femasys Inc.’s (NASDAQ:FEMY) stock was down -$0.01, moving down -1.03 percent to $0.44. The average number of shares traded per day over the past five days has been 589,229 shares. 3 times new highs have been achieved over the past 5 days, with a $0.0614 gain in that time frame. In the last twenty days, the average volume was 329,417, while in the previous 50 days, it was 4,665,545.
Since last month, FEMY stock retreated -21.37%. Shares of the company fell to $0.3300 on 08/10/23, the lowest level in the past month. A 52-week high of $2.00 was reached on 04/18/23 after having rallying from a 52-week low of $0.32. Since the beginning of this year, FEMY’s stock price has dropped by -51.01% or -$0.4600, and marked a new high 11 times. However, the stock has declined by -77.96% since its 52-week high.
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Valuation Metrics
The stock’s beta is 0.12. Besides these, the trailing price-to-sales (P/S) ratio of 4.93, the price-to-book (PB) ratio of 0.45.
Financial Health
In the three months ended June 29, Femasys Inc.’s quick ratio stood at 8.30, while its current ratio was 8.70, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 63.80% percent. Based on annual data, FEMY earned $0.76 million in gross profit and brought in $1.21 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -73.90%. Return on equity (ROE) for the past 12 months was -80.10%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. FEMY’s revenue rose 6.25% to $0.29 million during the quarter, while net income inched up to $0.32 million. While analysts expected Femasys Inc. to report -$0.19 quarterly earnings, the actual figure was -$0.22 per share, beating the consensus estimate by -15.80%. During the quarter, the company generated -$2.8 million in EBITDA. The liabilities of Femasys Inc. were 1.44 million at the end of its most recent quarter ended June 29, and its total debt was $0.21 million. The value of shareholders’ equity is $15.07 million.
Technical Picture
This quick technical analysis looks at Femasys Inc.’s (FEMY) price momentum. With a historical volatility rate of 94.54%, the RSI 9-day stood at 50.00% on 30 August.
With respect to its five-day moving average, the current Femasys Inc. price is up by +16.22% percent or $0.0614. At present, FEMY shares trade -18.53% below its 20-day simple moving average and -57.28% percent below its 100-day simple moving average. However, the stock is currently trading approximately -22.67% below its SMA50 and -62.39% below its SMA200.
Stochastic coefficient K was 72.72% and Stochastic coefficient D was 68.50%, while ATR was 0.0635. Given the Stochastic reading of 64.85% for the 14-day period, the RSI (14) reading has been calculated as 47.72%. As of today, the MACD Oscillator reading stands at 0.0143, while the 14-day reading stands at 0.0203.
Analyst Ratings
Femasys Inc. (FEMY) has been rated Buy by analysts. According to 0 brokerage firms, FEMY is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Femasys Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $5.00, the current consensus forecast for the stock is $1.50 – $10.00. Based on these forecasts, analysts predict Femasys Inc. (FEMY) will achieve an average price target of $5.38.
