The stock of Monogram Orthopaedics Inc (MGRM) has gone up by 1.81% for the week, with a -7.79% drop in the past month and a -34.40% drop in the past quarter. The volatility ratio for the week is 10.32%, and the volatility levels for the past 30 days are 17.24% for MGRM. The simple moving average for the past 20 days is -8.89% for MGRM’s stock, with a -31.45% simple moving average for the past 200 days.
Is It Worth Investing in Monogram Orthopaedics Inc (NASDAQ: MGRM) Right Now?
Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MGRM is 18.65M, and currently, short sellers hold a 2.76% ratio of that floaft. The average trading volume of MGRM on April 30, 2024 was 220.55K shares.
MGRM) stock’s latest price update
The stock of Monogram Orthopaedics Inc (NASDAQ: MGRM) has decreased by -7.52 when compared to last closing price of 2.43.Despite this, the company has seen a gain of 1.81% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-21 that Monogram Orthopaedics, Inc. (MGRM) Q4 2023 Earnings Call Transcript
MGRM Trading at -9.81% from the 50-Day Moving Average
After a stumble in the market that brought MGRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.41% of loss for the given period.
Volatility was left at 17.24%, however, over the last 30 days, the volatility rate increased by 10.32%, as shares sank -4.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.57% lower at present.
During the last 5 trading sessions, MGRM rose by +1.81%, which changed the moving average for the period of 200-days by -43.47% in comparison to the 20-day moving average, which settled at $2.46. In addition, Monogram Orthopaedics Inc saw -34.59% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MGRM
Current profitability levels for the company are sitting at:
- -47.31 for the present operating margin
- -0.13 for the gross margin
The net margin for Monogram Orthopaedics Inc stands at -37.66. The total capital return value is set at -1.25.
Based on Monogram Orthopaedics Inc (MGRM), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -27.53.
Currently, EBITDA for the company is -16.86 million with net debt to EBITDA at 0.66. When we switch over and look at the enterprise to sales, we see a ratio of 159.12. The receivables turnover for the company is 1.0for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.14.
Conclusion
In a nutshell, Monogram Orthopaedics Inc (MGRM) 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.
