A share price of ClearPoint Neuro Inc [CLPT] is currently trading at $9.06, up 40.68%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CLPT shares have gain 33.24% over the last week, with a monthly amount glided 25.31%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Stifel started tracking the stock with Buy rating on October 24, 2023, and set its price target to $8. Lake Street initiated its recommendation with a Buy and recommended $32 as its price target on March 18, 2021. B. Riley FBR started tracking with a Buy rating for this stock on July 17, 2020, and assigned it a price target of $8.
ClearPoint Neuro Inc experienced fluctuations in its stock price throughout the past year between $4.05 and $7.97. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. ClearPoint Neuro Inc [NASDAQ: CLPT] shares were valued at $9.06 at the most recent close of the market. An investor can expect a potential drop of -0.66% based on the average CLPT price forecast.
Analyzing the CLPT fundamentals
Trailing Twelve Months sales for ClearPoint Neuro Inc [NASDAQ:CLPT] were 28.07M which represents 32.07% growth. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at -0.66%, Pretax Profit Margin comes in at -0.64%, and Net Profit Margin reading is -0.64%. To continue investigating profitability, this company’s Return on Assets is posted at -0.34, Equity is -0.64 and Total Capital is -0.52. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.43.
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 7.89 points at the first support level, and at 6.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.64, and for the 2nd resistance point, it is at 10.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ClearPoint Neuro Inc [NASDAQ:CLPT] is 2.79. As well, the Quick Ratio is 2.31, while the Cash Ratio is 1.97. Considering the valuation of this stock, the price to sales ratio is 8.85, the price to book ratio is 7.78.
