SI-BONE Inc. (NASDAQ:SIBN) went up by 1.11% from its latest closing price compared to the recent 1-year high of $37.21. The company’s stock price has collected -6.65% of loss in the last five trading sessions. Press Release reported on 11/08/21 that SI-BONE, Inc. Reports Third Quarter 2021 Financial Results and Updates 2021 Financial Guidance
Is It Worth Investing in SI-BONE Inc. (NASDAQ :SIBN) Right Now?
Opinions of the stock are interesting as 7 analysts out of 7 who provided ratings for SI-BONE Inc. 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 $36.00, which is $14.96 above the current price. SIBN currently public float of 32.90M and currently shorts hold a 3.99% ratio of that float. Today, the average trading volume of SIBN was 411.65K shares.
SIBN’s Market Performance
SIBN stocks went down by -6.65% for the week, with a monthly drop of -1.77% and a quarterly performance of -8.72%, while its annual performance rate touched -7.44%. The volatility ratio for the week stands at 4.48% while the volatility levels for the past 30 days are set at 5.01% for SI-BONE Inc.. The simple moving average for the period of the last 20 days is -6.42% for SIBN stocks with a simple moving average of -24.84% for the last 200 days.
Analysts’ Opinion of SIBN
Many brokerage firms have already submitted their reports for SIBN stocks, with Citigroup repeating the rating for SIBN by listing it as a “Buy.” The predicted price for SIBN in the upcoming period, according to Citigroup is $40 based on the research report published on June 08th of the current year 2021.
Needham, on the other hand, stated in their research note that they expect to see SIBN reach a price target of $34, previously predicting the price at $35. The rating they have provided for SIBN stocks is “Buy” according to the report published on March 09th, 2021.
Needham gave a rating of “Buy” to SIBN, setting the target price at $35 in the report published on December 16th of the previous year.
SIBN Trading at -6.41% from the 50-Day Moving Average
After a stumble in the market that brought SIBN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.46% of loss for the given period.
Volatility was left at 5.01%, however, over the last 30 days, the volatility rate increased by 4.48%, as shares sank -4.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.15% lower at present.
During the last 5 trading sessions, SIBN fell by -6.65%, which changed the moving average for the period of 200-days by -33.84% in comparison to the 20-day moving average, which settled at $22.43. In addition, SI-BONE Inc. saw -29.63% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at SIBN starting from Pisetsky Michael A, who sale 2,051 shares at the price of $22.30 back on Nov 17. After this action, Pisetsky Michael A now owns 72,216 shares of SI-BONE Inc., valued at $45,735 using the latest closing price.
FRANCIS LAURA, the Chief Executive Officer of SI-BONE Inc., sale 4,849 shares at $21.47 during a trade that took place back on Nov 16, which means that FRANCIS LAURA is holding 212,114 shares at $104,107 based on the most recent closing price.
Stock Fundamentals for SIBN
Equity return is now at value -32.50, with -24.30 for asset returns.