At the time of writing, Sarcos Technology and Robotics Corporation [STRC] stock is trading at $0.73, up 12.03%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The STRC shares have gain 24.87% over the last week, with a monthly amount glided 15.87%, and seem to be holding up well over a long-time horizon.
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On 13, January 2023, Sarcos Co-Founder and Former CEO Ben Wolff to Step Down as Executive Chair. In a post published today on Yahoo Finance, Current Director Dennis Weibling Elected Non-Executive Chair.
From an analyst’s perspective:
For the past year, the stock price of Sarcos Technology and Robotics Corporation fluctuated between $0.51 and $7.47. Currently, Wall Street analysts expect the stock to reach $5.33 within the next 12 months. Sarcos Technology and Robotics Corporation [NASDAQ: STRC] shares were valued at $0.73 at the most recent close of the market. An investor can expect a potential return of 630.14% based on the average STRC price forecast.
Analyzing the STRC fundamentals
According to Sarcos Technology and Robotics Corporation [NASDAQ:STRC], the company’s sales were 4.67 billion in the recent quarter, which represents an 327.30% jump. Gross Margin for this corporation currently stands at +23.80% with Operating Margin at -1595.88%, Pretax Margin comes in at -1606.05%, and Net Margin reading is -1606.07%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6756 points at the first support level, and at 0.6212 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7788, and for the 2nd resistance point, it is at 0.8276.
Sarcos Technology and Robotics Corporation [STRC] reported earnings per share of -$0.12 for its fiscal quarter that ended on 6/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.1/share, meaning a difference of -$0.02 and a surprise factor of -20.00%. By comparison, the stated earnings for the previous quarter ended on 3/30/2022 were -$0.1 per share as compared to estimates of -$0.09 per share, a difference of -$0.01 representing a surprise of -11.10%.
Ratios To Look Out For
It is important to note that Sarcos Technology and Robotics Corporation [NASDAQ:STRC] has a current ratio of 14.80. Further, the Quick Ratio stands at 36.90, while the Cash Ratio is 35.24. Considering the valuation of this stock, the price to sales ratio is 270.83, the price to book ratio is 6.42.
Transactions by insiders
Insider trading, which has resulted in 4 insider purchases of 2,494,838 shares and 6 insider sales of 6,370,263 shares in the past three months, is now the topic of our analysis. Recent insider trading involved FINN BRIAN D, Director, that happened on Jun 15 when 35000.0 shares were purchased. Director, FINN BRIAN D completed a deal on Jun 14 to buy 15000.0 shares. Meanwhile, Director FINN BRIAN D bought 20000.0 shares on May 16.