Icad Inc (ICAD) Stock: A Closer Look

At the time of writing, Icad Inc [ICAD] stock is trading at $1.95, up 22.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ICAD shares have gain 34.48% over the last week, with a monthly amount glided 18.18%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Icad Inc [NASDAQ: ICAD] stock has seen the most recent analyst activity on January 18, 2022, when Guggenheim downgraded its rating to a Neutral. Previously, Guggenheim started tracking the stock with Buy rating on April 22, 2021, and set its price target to $24. On March 23, 2021, BTIG Research initiated with a Buy rating and assigned a price target of $25 on the stock. Oppenheimer started tracking the stock assigning a Outperform rating and suggested a price target of $27 on February 26, 2021. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $19 as its price target on January 29, 2021. B. Riley Securities started tracking with a Buy rating for this stock on December 03, 2020, and assigned it a price target of $15. In a note dated February 05, 2020, JMP Securities initiated an Mkt Outperform rating and provided a target price of $15 on this stock.

For the past year, the stock price of Icad Inc fluctuated between $1.18 and $2.65. Icad Inc [NASDAQ: ICAD] shares were valued at $1.95 at the most recent close of the market.

Analyzing the ICAD fundamentals

According to Icad Inc [NASDAQ:ICAD], the company’s sales were 18.80M for trailing twelve months, which represents an -14.25% plunge. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at -0.28%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.09 and Total Capital is -0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.

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 1.6667 points at the first support level, and at 1.3833 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1667, and for the 2nd resistance point, it is at 2.3833.

Ratios To Look Out For

It is important to note that Icad Inc [NASDAQ:ICAD] has a current ratio of 4.24. In addition, the Quick Ratio stands at 4.13 and the Cash Ratio stands at 3.1. Considering the valuation of this stock, the price to sales ratio is 2.75, the price to book ratio is 1.66.

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