The stock of Seer Inc (SEER) has gone up by 10.06% for the week, with a -3.85% drop in the past month and a -26.47% drop in the past quarter. The volatility ratio for the week is 11.18%, and the volatility levels for the past 30 days are 7.92% for SEER. The simple moving average for the past 20 days is 4.46% for SEER’s stock, with a -49.79% simple moving average for the past 200 days.

Is It Worth Investing in Seer Inc (NASDAQ: SEER) Right Now?

while the 36-month beta value is 1.50.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

The average price point forecasted by analysts for Seer Inc (SEER) is $10.00, which is $8.25 above the current market price. The public float for SEER is 41.90M, and currently, short sellers hold a 3.72% ratio of that floaft. The average trading volume of SEER on November 21, 2023 was 329.23K shares.

SEER) stock’s latest price update

The stock price of Seer Inc (NASDAQ: SEER) has jumped by 16.67 compared to previous close of 1.50. Despite this, the company has seen a gain of 10.06% in its stock price over the last five trading days. GlobeNewsWire reported 2023-11-10 that REDWOOD CITY, Calif., Nov. 10, 2023 (GLOBE NEWSWIRE) — Seer, Inc. (Nasdaq: SEER), a leading life sciences company commercializing a disruptive new platform for proteomics, today announced company management will be participating in the upcoming Canaccord MedTech, Diagnostics and Digital Health and Services Forum in New York, NY.

Analysts’ Opinion of SEER

Many brokerage firms have already submitted their reports for SEER stocks, with JP Morgan repeating the rating for SEER by listing it as a “Neutral.” The predicted price for SEER in the upcoming period, according to JP Morgan is $10 based on the research report published on July 05, 2023 of the current year 2023.

SEER Trading at -11.67% from the 50-Day Moving Average

After a stumble in the market that brought SEER to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.86% of loss for the given period.

Volatility was left at 7.92%, however, over the last 30 days, the volatility rate increased by 11.18%, as shares sank -4.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.43% lower at present.

During the last 5 trading sessions, SEER rose by +10.06%, which changed the moving average for the period of 200-days by -68.24% in comparison to the 20-day moving average, which settled at $1.6708. In addition, Seer Inc saw -69.83% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SEER starting from Farokhzad Omid, who purchase 40,000 shares at the price of $2.45 back on Aug 23. After this action, Farokhzad Omid now owns 807,744 shares of Seer Inc, valued at $97,968 using the latest closing price.

Thomas Scott D, the Chief Commercial Officer of Seer Inc, sale 1,468 shares at $3.56 during a trade that took place back on May 18, which means that Thomas Scott D is holding 95,532 shares at $5,224 based on the most recent closing price.

Stock Fundamentals for SEER

Current profitability levels for the company are sitting at:

The net margin for Seer Inc stands at -633.07. The total capital return value is set at -19.55, while invested capital returns managed to touch -18.59. Equity return is now at value -21.08, with -19.26 for asset returns.

Based on Seer Inc (SEER), the company’s capital structure generated 6.68 points at debt to equity in total, while total debt to capital is 6.26. Total debt to assets is 6.12, with long-term debt to equity ratio resting at 6.27. Finally, the long-term debt to capital ratio is 5.88.

When we switch over and look at the enterprise to sales, we see a ratio of -18.38, with the company’s debt to enterprise value settled at -1.02. The receivables turnover for the company is 2.63 and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 34.57.

Conclusion

In a nutshell, Seer Inc (SEER) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.