TransEnterix, Inc. (NYSE:TRXC) went down by -3.70% from its latest closing price when compared to the 1-year high value of $6.98 and move down -571.15%, while TRXC stocks collected -12.61% of loss with the last five trading sessions.
TransEnterix, Inc. (NYSE:TRXC) Worth an Investment?
TransEnterix, Inc. (NYSE: TRXC) The 36 Months beta value for TRXC stocks is at 2.47, while 3 of the analysts out of 6 who provided ratings for TransEnterix, Inc. stocks as a “buy” while 0 as overweight, 3 rated it as hold and 0 as sell. The average price we get from analysts is $1.38 which is $0.34 above current price. TRXC currently has a short float of 18,090,803.68% and public float of 179.69 with average trading volume of 2.46M shares.
TRXC Market Performance
TRXC stocks went down by -12.61% for the week, with the monthly drop of -25.71% and a quarterly performance of -24.09%, while its annual performance rate touched -78.15%. The simple moving average for the period of the last 20 days is -18.46% for TRXC stocks with the simple moving average of -52.53% for the last 200 days.
Analysts’ Opinion on TransEnterix, Inc. (NYSE:TRXC)
Many brokerage firms have already submitted their reports for TRXC stocks, with RBC Capital Mkts repeating the rating for TRXC shares by setting it to “Sector Perform”. The predicted price for TRXC socks in the upcoming period according to RBC Capital Mkts is $1 based on the research report published on August 8, 2019.
Piper Jaffray, on the other hand, stated in their research note that they expect to see TRXC stock at the price of $1.60. The rating they have provided for TRXC stocks is “Neutral” according to the report published on May 22, 2019.
BTIG Research gave “ Buy” rating to TRXC stocks, setting the target price at $3 in the report published on May 14, 2019.
TRXC Stocks -20.59% Far from 50 Day Moving Average
After a stumble in the market that brought TRXC to its low price for the period of the last 52 weeks, TransEnterix, Inc. was unable to take a rebound, for now settling with -85.10% of loss for the given period.
The stock volatility was left at 8.44%, however, within the period of a single month, the volatility rate increased by 14.38%, while the shares sank at the distance of -26.24% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -18.11% lower at the present time.
In the course of the last 5 trading sessions, TRXC went down by -12.61%, which changed the moving average for the period of 200 days to the total of -66.56% of losses for the stock in comparison to the 20-day moving average settled at $1.26. In addition, TransEnterix, Inc. saw -53.98% in overturn over the period of a single year with a tendency to cut further losses.
TRXC Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at TransEnterix, Inc. (TRXC), starting from SLATTERY JOSEPH P, who sold 71,221 shares at the price of $3.25 back on Feb 22. After this action, Rushing now owns 0 shares of TransEnterix, Inc., valued at $231,468 with the latest closing price.
SLATTERY JOSEPH P, the EVP and CFO of TransEnterix, Inc., sold 17,650 shares at the value of $3.25 during a trade that took place back on Feb 21, which means that SLATTERY JOSEPH P is holding 44,929 shares at the value of $57,363 based on the most recent closing price.
TRXC Stock Fundamentals
The current profitability levels are settled at -254.57 for the present operating margin and -12.19 for gross margin. The net margin for TransEnterix, Inc. stands at -256.31. Total capital return value is set at -31.51, while invested capital returns managed to touch -32.12. Equity return holds the value -38.30%, with -26.70% for asset returns.
Based on TransEnterix, Inc. (TRXC), the company’s capital structure generated 17.17 points for debt to equity in total, while total debt to capital is set at the value of 14.65. Total debt to assets is settled at the value of 11.86 with long-term debt to equity ratio rests at 17.17 and long-term debt to capital is 14.65.
The value for Enterprise to Sales is 9.82 with debt to enterprise value settled at 0.07. The receivables turnover for TransEnterix, Inc. is 4.14 with the total asset turnover at the value of 0.10. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.66.