Catheter Precision Inc (VTAK) stock hits $0.38: Is it a good time to buy or wait for a dip?

Catheter Precision Inc [VTAK] stock prices are up 8.90% to $0.38 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VTAK shares have gain 11.40% over the last week, with a monthly amount drifted -9.95%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Catheter Precision Inc [AMEX: VTAK] stock has seen the most recent analyst activity on August 13, 2019, when Piper Jaffray downgraded its rating to a Neutral and also revised its price target to $1.50 from $9. Previously, Maxim Group started tracking the stock with Buy rating on November 02, 2018, and set its price target to $23.

The stock price of Catheter Precision Inc [VTAK] has been fluctuating between $0.31 and $8.40 over the past year. Catheter Precision Inc [AMEX: VTAK] shares were valued at $0.38 at the most recent close of the market.

Analyzing the VTAK fundamentals

The Catheter Precision Inc [AMEX:VTAK] reported sales of 0.40M for trailing twelve months, representing a drop of -27.82%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at -27.04%, Pretax Profit Margin comes in at -29.28%, and Net Profit Margin reading is -29.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.44, Equity is -0.7 and Total Capital is -0.45. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.

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 0.3378 points at the first support level, and at 0.2978 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4151, and for the 2nd resistance point, it is at 0.4524.

Ratios To Look Out For

It’s worth pointing out that Catheter Precision Inc [AMEX:VTAK]’s Current Ratio is 0.66. In addition, the Quick Ratio stands at 0.65 and the Cash Ratio stands at 0.49. Considering the valuation of this stock, the price to sales ratio is 8.22, the price to book ratio is 0.10.

Transactions by insiders

Recent insider trading involved JENKINS DAVID A, Executive Chairman and CEO, that happened on Jan 23 ’24 when 9528.0 shares were purchased. Executive Chairman and CEO, JENKINS DAVID A completed a deal on Jan 22 ’24 to buy 9528.0 shares. Meanwhile, Executive Chairman and CEO JENKINS DAVID A bought 8470.0 shares on Jan 19 ’24.

Related Posts