Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The average price suggested by analysts for BEAT is $6.52, which is $4.88 above the current market price. The public float for BEAT is 5.86M, and currently, shorts hold a 1.52% of that float. The average trading volume for BEAT on May 25, 2023 was 68.74K shares.
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BEAT) stock’s latest price update
HeartBeam Inc. (NASDAQ: BEAT)’s stock price has decreased by -0.24 compared to its previous closing price of 2.02. However, the company has seen a -9.05% decrease in its stock price over the last five trading sessions.
BEAT’s Market Performance
BEAT’s stock has fallen by -9.05% in the past week, with a monthly rise of 3.08% and a quarterly drop of -41.05%. The volatility ratio for the week is 6.36% while the volatility levels for the last 30 days are 8.82% for HeartBeam Inc. The simple moving average for the last 20 days is -6.99% for BEAT stock, with a simple moving average of -36.84% for the last 200 days.
BEAT Trading at -10.18% 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 -70.18% of loss for the given period.
Volatility was left at 8.82%, however, over the last 30 days, the volatility rate increased by 6.36%, as shares surge +2.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.49% lower at present.
During the last 5 trading sessions, BEAT fell by -5.88%, which changed the moving average for the period of 200-days by +30.82% in comparison to the 20-day moving average, which settled at $2.16. In addition, HeartBeam Inc. saw -58.81% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BEAT
The total capital return value is set at -165.12, while invested capital returns managed to touch -164.24. Equity return is now at value -368.70, with -273.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.43.
Conclusion
In conclusion, HeartBeam Inc. (BEAT) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.