SeaStar Medical Holding Corp (NASDAQ:ICU) saw an upside of 10.99% to $0.21 after adding $0.02 on Wednesday. The 5-day average trading volume is 451,112 shares of the company’s common stock. It has gained $0.2273 in the past week and touched a new high 2 times within the past 5 days. An average of 457,438 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 324,823.
ICU’s 1-month performance is -19.07% or -$0.0248 on its low of $0.1620 reached on 09/11/23. The company’s shares have touched a 52-week low of $0.16 and high of $22.00, with the stock’s rally to the 52-week high happening on 01/11/23. YTD, ICU has lost -94.93% or -$3.8868 and has reached a new high 5 times. However, the current price is down -99.05% from the 52-week high price.
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Valuation Metrics
ICU stock has a beta of -0.01.
SeaStar Medical Holding Corp’s quick ratio for the period ended June 29 was 0.17, with the current ratio over the same period at 0.17. The firm’s gross profit as reported stood at $0.63 million against revenue of $11.61 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 104.9% to -$3.67 million, while revenue of -$5.26 million was -43.32% off the previous quarter. Analysts expected ICU to announce -$0.25 per share in earnings in its latest quarter, but it posted -$0.25, representing a 0.00% surprise. EBITDA for the quarter stood at more than -$3.73 million. ICU stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 13.78 million, with total debt at $8.14 million. Shareholders hold equity totaling $18.57 million.
Let’s look briefly at SeaStar Medical Holding Corp (ICU) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 50.14% to suggest the stock is trending Neutral, with historical volatility in this time period at 156.08%.
The stock’s 5-day moving average is $0.1889, reflecting a +2.50% or $0.0052 change from its current price. ICU is currently trading -15.13% above its 20-day SMA, -89.39% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -59.04% and SMA200 by-94.98%.
Stochastic %K and %D was 30.82% and 23.10% and the average true range (ATR) pointed at 0.0316. The RSI (14) points at 42.77%, while the 14-day stochastic is at 52.24% with the period’s ATR at 0.0343. The stock’s 9-day MACD Oscillator is pointing at -0.0062 and -0.0058 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for ICU stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate ICU 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 ICU’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $1.00 and a high of $1.00, with their median price target at $1.00. Looking at these predictions, the average price target given by analysts is for SeaStar Medical Holding Corp (ICU) stock is $1.00.
