The stock of Cutera Inc (NASDAQ: CUTR) has decreased by -12.28 when compared to last closing price of 0.58. Despite this, the company has experienced a -12.78% fall in its stock price over the last five trading sessions. zacks.com reported 2024-11-07 that Cutera (CUTR) came out with a quarterly loss of $1.85 per share versus the Zacks Consensus Estimate of a loss of $0.96. This compares to loss of $1.61 per share a year ago.
Is It Worth Investing in Cutera Inc (NASDAQ: CUTR) Right Now?
CUTR has 36-month beta value of 1.32. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CUTR is 19.53M, and currently, short sellers hold a 19.45% ratio of that float. The average trading volume of CUTR on November 08, 2024 was 332.08K shares.
CUTR’s Market Performance
The stock of Cutera Inc (CUTR) has seen a -12.78% decrease in the past week, with a -31.74% drop in the past month, and a -33.55% fall in the past quarter. The volatility ratio for the week is 9.71%, and the volatility levels for the past 30 days are at 8.80% for CUTR. The simple moving average for the past 20 days is -21.93% for CUTR’s stock, with a -68.15% simple moving average for the past 200 days.
Analysts’ Opinion of CUTR
Piper Sandler, on the other hand, stated in their research note that they expect to see CUTR reach a price target of $18, previously predicting the price at $14. The rating they have provided for CUTR stocks is “Neutral” according to the report published on July 27th, 2023.
CUTR Trading at -27.73% from the 50-Day Moving Average
After a stumble in the market that brought CUTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.84% of loss for the given period.
Volatility was left at 8.80%, however, over the last 30 days, the volatility rate increased by 9.71%, as shares sank -30.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.65% lower at present.
During the last 5 trading sessions, CUTR fell by -12.78%, which changed the moving average for the period of 200-days by -78.78% in comparison to the 20-day moving average, which settled at $0.6470. In addition, Cutera Inc saw -85.67% 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 CUTR starting from Karavitis Michael, who sale 27,815 shares at the price of $2.67 back on May 15 ’24. After this action, Karavitis Michael now owns 24,940 shares of Cutera Inc, valued at $74,266 using the latest closing price.
Karavitis Michael, the EVP, Chief Technology Officer of Cutera Inc, sale 24,940 shares at $2.59 during a trade that took place back on May 16 ’24, which means that Karavitis Michael is holding 0 shares at $64,595 based on the most recent closing price.
Stock Fundamentals for CUTR
Current profitability levels for the company are sitting at:
- -0.81 for the present operating margin
- 0.15 for the gross margin
The net margin for Cutera Inc stands at -0.81. The total capital return value is set at -0.63.
Based on Cutera Inc (CUTR), the company’s capital structure generated 2.04 points at debt to capital in total, while cash flow to debt ratio is standing at -0.3. The debt to equity ratio resting at -1.97. The interest coverage ratio of the stock is -10.55.
Currently, EBITDA for the company is -145.51 million with net debt to EBITDA at -2.93. When we switch over and look at the enterprise to sales, we see a ratio of 2.13. The receivables turnover for the company is 4.58for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.51.
Conclusion
To put it simply, Cutera Inc (CUTR) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.
