Icecure Medical Ltd [ICCM] stock is trading at $0.85, up 4.81%. An important factor to consider is whether the stock is rising or falling in short-term value. The ICCM shares have gain 28.79% over the last week, with a monthly amount glided 40.01%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Icecure Medical Ltd [ICCM] stock has fluctuated between $0.48 and $1.57 over the past year. Currently, Wall Street analysts expect the stock to reach $5.75 within the next 12 months. Icecure Medical Ltd [NASDAQ: ICCM] shares were valued at $0.85 at the most recent close of the market. An investor can expect a potential return of 576.47% based on the average ICCM price forecast.
Analyzing the ICCM fundamentals
Icecure Medical Ltd [NASDAQ:ICCM] reported sales of 3.34M for the trailing twelve months, which represents a growth of 7.90%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -4.29%, Pretax Profit Margin comes in at -4.07%, and Net Profit Margin reading is -4.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.9, Equity is -1.12 and Total Capital is -1.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
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 0.7900 points at the first support level, and at 0.7301 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8899, and for the 2nd resistance point, it is at 0.9299.
Ratios To Look Out For
For context, Icecure Medical Ltd’s Current Ratio is 2.97. On the other hand, the Quick Ratio is 2.54, and the Cash Ratio is 2.15. Considering the valuation of this stock, the price to sales ratio is 12.46, the price to book ratio is 3.97.
