At the time of writing, ClearPoint Neuro Inc [CLPT] stock is trading at $13.46, up 11.61%. An important factor to consider is whether the stock is rising or falling in short-term value. The CLPT shares have gain 15.93% over the last week, with a monthly amount glided 10.87%, 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.
For the past year, the stock price of ClearPoint Neuro Inc fluctuated between $4.05 and $13.47. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. ClearPoint Neuro Inc [NASDAQ: CLPT] shares were valued at $13.46 at the most recent close of the market. An investor can expect a potential drop of -10.85% based on the average CLPT price forecast.
Analyzing the CLPT fundamentals
According to ClearPoint Neuro Inc [NASDAQ:CLPT], the company’s sales were 28.07M for trailing twelve months, which represents an 32.07% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.
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 12.31 points at the first support level, and at 11.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.37, and for the 2nd resistance point, it is at 15.28.
Ratios To Look Out For
It is important to note that ClearPoint Neuro Inc [NASDAQ:CLPT] has a current ratio of 2.79. On the other hand, the Quick Ratio is 2.31, and the Cash Ratio is 1.97. Considering the valuation of this stock, the price to sales ratio is 13.23, the price to book ratio is 11.56.
