Eargo Inc. (NASDAQ:EAR) went down by -12.50% from its latest closing price compared to the recent 1-year high of $76.75. The company’s stock price has collected 24.90% of gains in the last five trading sessions. Press Release reported on 01/07/22 that Thinking about buying stock in Ford, Siyata Mobile, Eargo, Virgin Galactic, or KE Holdings?
Is It Worth Investing in Eargo Inc. (NASDAQ :EAR) Right Now?
Opinions of the stock are interesting as 1 analysts out of 3 who provided ratings for Eargo Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $9.40, which is $4.13 above the current price. EAR currently public float of 33.92M and currently shorts hold a 5.72% ratio of that float. Today, the average trading volume of EAR was 3.78M shares.
EAR’s Market Performance
EAR stocks went up by 24.90% for the week, with a monthly jump of 13.14% and a quarterly performance of -2.75%, while its annual performance rate touched -87.23%. The volatility ratio for the week stands at 15.24% while the volatility levels for the past 30 days are set at 9.81% for Eargo Inc.. The simple moving average for the period of the last 20 days is 25.22% for EAR stocks with a simple moving average of -74.66% for the last 200 days.
Analysts’ Opinion of EAR
Wells Fargo, on the other hand, stated in their research note that they expect to see EAR reach a price target of $10. The rating they have provided for EAR stocks is “Equal Weight” according to the report published on September 23rd, 2021.
JP Morgan gave a rating of “Underweight” to EAR, setting the target price at $11 in the report published on September 23rd of the previous year.
EAR Trading at 3.67% from the 50-Day Moving Average
After a stumble in the market that brought EAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.70% of loss for the given period.
Volatility was left at 9.81%, however, over the last 30 days, the volatility rate increased by 15.24%, as shares surge +18.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.16% lower at present.
During the last 5 trading sessions, EAR rose by +24.90%, which changed the moving average for the period of 200-days by -87.84% in comparison to the 20-day moving average, which settled at $5.14. In addition, Eargo Inc. saw 24.90% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at EAR starting from Richardson Nina, who sale 3,500 shares at the price of $4.85 back on Dec 14. After this action, Richardson Nina now owns 3,886 shares of Eargo Inc., valued at $16,975 using the latest closing price.
Richardson Nina, the Director of Eargo Inc., sale 3,000 shares at $20.32 during a trade that took place back on Sep 14, which means that Richardson Nina is holding 7,386 shares at $60,960 based on the most recent closing price.
Stock Fundamentals for EAR
Current profitability levels for the company are sitting at:
- -52.51 for the present operating margin
- +68.37 for the gross margin
The net margin for Eargo Inc. stands at -43.40. The total capital return value is set at -33.17, while invested capital returns managed to touch -28.16. Equity return is now at value -46.60, with -23.50 for asset returns.
Based on Eargo Inc. (EAR), the company’s capital structure generated 8.27 points at debt to equity in total, while total debt to capital is 7.64. Total debt to assets is 6.89, with long-term debt to equity ratio resting at 7.74. Finally, the long-term debt to capital ratio is 7.15.
When we switch over and look at the enterprise to sales, we see a ratio of 0.63, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 23.67 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.38.