HeartBeam Inc. (NASDAQ:BEAT) went up by 8.25% from its latest closing price compared to the recent 1-year high of $6.74. The company’s stock price has collected 28.93% of gains in the last five trading sessions. The Wall Street Journal reported on 12/18/20 that Virgin Galactic, FedEx, Tesla: What to Watch When the Stock Market Opens Today
Is It Worth Investing in HeartBeam Inc. (NASDAQ :BEAT) Right Now?
Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for HeartBeam 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 $10.00, which is $5.41 above the current price. BEAT currently public float of 5.86M and currently shorts hold a 5.92% ratio of that float. Today, the average trading volume of BEAT was 3.90M shares.
BEAT’s Market Performance
BEAT stocks went up by 28.93% for the week, with a monthly jump of 58.82% and a quarterly performance of 250.38%, while its annual performance rate touched 6.99%. The volatility ratio for the week stands at 15.31% while the volatility levels for the past 30 days are set at 11.99% for HeartBeam Inc. The simple moving average for the period of the last 20 days is 29.02% for BEAT stocks with a simple moving average of 127.25% for the last 200 days.
BEAT Trading at 31.46% from the 50-Day Moving Average
After a stumble in the market that brought BEAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.90% of loss for the given period.
Volatility was left at 11.99%, however, over the last 30 days, the volatility rate increased by 15.31%, as shares surge +49.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +267.20% upper at present.
During the last 5 trading sessions, BEAT rose by +28.93%, which changed the moving average for the period of 200-days by +131.82% in comparison to the 20-day moving average, which settled at $3.63. In addition, HeartBeam Inc. saw 49.03% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BEAT
Equity return is now at value -112.40, with -105.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 23.81.