Hyperfine Inc [HYPR] stock prices are down -1.88% to $0.98 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value.
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From an analyst’s perspective:
Hyperfine Inc [NASDAQ: HYPR] stock has seen the most recent analyst activity on August 11, 2022, when Wells Fargo downgraded its rating to a Equal Weight and also revised its price target to $2.40 from $8. Previously, Evercore ISI started tracking the stock with Outperform rating on May 31, 2022, and set its price target to $7. On April 14, 2022, Wells Fargo initiated with a Overweight rating and assigned a price target of $8 on the stock.
The stock price of Hyperfine Inc [HYPR] has been fluctuating between $0.76 and $1.42 over the past year. Currently, Wall Street analysts expect the stock to reach $1.6 within the next 12 months. Hyperfine Inc [NASDAQ: HYPR] shares were valued at $0.98 at the most recent close of the market. An investor can expect a potential return of 63.27% based on the average HYPR price forecast.
Analyzing the HYPR fundamentals
The Hyperfine Inc [NASDAQ:HYPR] reported sales of 13.26M for trailing twelve months, representing a surge of 56.35%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -3.33%, Pretax Profit Margin comes in at -3.09%, and Net Profit Margin reading is -3.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.59, Equity is -0.58 and Total Capital is -0.74.
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 0.9541 points at the first support level, and at 0.9271 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0041, and for the 2nd resistance point, it is at 1.0271.
Ratios To Look Out For
It’s worth pointing out that Hyperfine Inc [NASDAQ:HYPR]’s Current Ratio is 6.44. As well, the Quick Ratio is 5.73, while the Cash Ratio is 4.6. Considering the valuation of this stock, the price to sales ratio is 5.40, the price to book ratio is 1.23.
Transactions by insiders
Recent insider trading involved TEISSEYRE THOMAS, Chief Operating Officer, that happened on Nov 18 ’24 when 2800.0 shares were sold. Chief Operating Officer, TEISSEYRE THOMAS completed a deal on Aug 16 ’24 to sell 2746.0 shares. Meanwhile, Chief Operating Officer TEISSEYRE THOMAS sold 2753.0 shares on May 16 ’24.