G Medical Innovations Holdings Ltd (NASDAQ:GMVD) went up by 6.59% from its latest closing price compared to the recent 1-year high of $5.50. The company’s stock price has collected 3.48% of gains in the last five trading sessions. Press Release reported on 06/29/21 that G Medical Innovations Holdings Ltd. Announces Closing of $15.0 Million Initial Public Offering
Is It Worth Investing in G Medical Innovations Holdings Ltd (NASDAQ :GMVD) Right Now?
Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for G Medical Innovations Holdings Ltd declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $1.63. GMVD currently public float of 7.97M and currently shorts hold a 0.96% ratio of that float. Today, the average trading volume of GMVD was 873.93K shares.
GMVD’s Market Performance
GMVD stocks went up by 3.48% for the week, with a monthly drop of -22.60% and a quarterly performance of 273.91%. The volatility ratio for the week stands at 13.89% while the volatility levels for the past 30 days are set at 12.74% for G Medical Innovations Holdings Ltd. The simple moving average for the period of the last 20 days is 2.17% for GMVD stocks with a simple moving average of 143.89% for the last 200 days.
GMVD Trading at 7.81% from the 50-Day Moving Average
After a stumble in the market that brought GMVD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.00% of loss for the given period.
Volatility was left at 12.74%, however, over the last 30 days, the volatility rate increased by 13.89%, as shares sank -16.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +80.48% upper at present.
During the last 5 trading sessions, GMVD rose by +0.75%, in comparison to the 20-day moving average, which settled at $4.00. In addition, G Medical Innovations Holdings Ltd saw 68.26% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GMVD
Current profitability levels for the company are sitting at:
- -192.98 for the present operating margin
- -60.73 for the gross margin
The net margin for G Medical Innovations Holdings Ltd stands at -255.84.
When we switch over and look at the enterprise to sales, we see a ratio of 1.00, with the company’s debt to enterprise value settled at 0.52. The receivables turnover for the company is 4.74 and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.40.