Catheter Precision Inc (VTAK) Stock: A Closer Look at the Market Potential

ATHA

Company’s 36-month beta value is -0.41.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for VTAK is 7.83M, and currently, short sellers hold a 0.47% ratio of that floaft. The average trading volume of VTAK on December 24, 2024 was 3.53M shares.

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VTAK) stock’s latest price update

Catheter Precision Inc (AMEX: VTAK) has seen a rise in its stock price by 15.27 in relation to its previous close of 0.35. However, the company has experienced a 17.27% gain in its stock price over the last five trading sessions. accesswire.com reported 2024-11-14 that FORT MILL, SC / ACCESSWIRE / November 14, 2024 / Catheter Precision, Inc. (NYSE American:VTAK), a U.S.-based innovative medical device company focused on electrophysiology products, today announced it has received its first purchase order for LockeT from the New York City area. As previously announced, the company has recently expanded their US sales and clinical team in preparation for the national product launch of LockeT which includes the NYC region.

VTAK’s Market Performance

VTAK’s stock has risen by 17.27% in the past week, with a monthly drop of -5.21% and a quarterly drop of -14.51%. The volatility ratio for the week is 11.25% while the volatility levels for the last 30 days are 9.88% for Catheter Precision Inc The simple moving average for the last 20 days is 7.80% for VTAK stock, with a simple moving average of -85.16% for the last 200 days.

Analysts’ Opinion of VTAK

Many brokerage firms have already submitted their reports for VTAK stocks, with Piper Jaffray repeating the rating for VTAK by listing it as a “Neutral.” The predicted price for VTAK in the upcoming period, according to Piper Jaffray is $1.50 based on the research report published on August 13, 2019 of the previous year 2019.

Maxim Group, on the other hand, stated in their research note that they expect to see VTAK reach a price target of $23. The rating they have provided for VTAK stocks is “Buy” according to the report published on November 02nd, 2018.

VTAK Trading at -15.40% from the 50-Day Moving Average

After a stumble in the market that brought VTAK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.24% of loss for the given period.

Volatility was left at 9.88%, however, over the last 30 days, the volatility rate increased by 11.25%, as shares sank -0.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.11% upper at present.

During the last 5 trading sessions, VTAK rose by +20.17%, which changed the moving average for the period of 200-days by -93.28% in comparison to the 20-day moving average, which settled at $0.3715. In addition, Catheter Precision Inc saw -90.11% 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 VTAK starting from JENKINS DAVID A, who purchase 9,528 shares at the price of $0.60 back on Jan 23 ’24. After this action, JENKINS DAVID A now owns 329,856 shares of Catheter Precision Inc, valued at $5,694 using the latest closing price.

JENKINS DAVID A, the Executive Chairman and CEO of Catheter Precision Inc, purchase 9,528 shares at $0.43 during a trade that took place back on Jan 22 ’24, which means that JENKINS DAVID A is holding 320,328 shares at $4,092 based on the most recent closing price.

Stock Fundamentals for VTAK

Current profitability levels for the company are sitting at:

  • -27.04 for the present operating margin
  • 0.9 for the gross margin

The net margin for Catheter Precision Inc stands at -29.28. The total capital return value is set at -0.45. Equity return is now at value -67.36, with -39.20 for asset returns.

Based on Catheter Precision Inc (VTAK), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at -4.65. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is -337.16.

Currently, EBITDA for the company is -15.11 million with net debt to EBITDA at -0.06. When we switch over and look at the enterprise to sales, we see a ratio of 9.38. The receivables turnover for the company is 3.73for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.66.

Conclusion

In a nutshell, Catheter Precision Inc (VTAK) 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.

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