A share price of Avinger Inc [AVGR] is currently trading at $0.60, up 11.19%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AVGR shares have gain 6.74% over the last week, with a monthly amount drifted -37.82%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Avinger Inc [NASDAQ: AVGR] stock has seen the most recent analyst activity on June 29, 2021, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $2.50. On April 12, 2017, downgrade downgraded it’s rating to Perform. Canaccord Genuity downgraded its rating to a Hold and decreased its price target to $1 on April 11, 2017. Dougherty & Company downgraded its rating to a Neutral. Dougherty & Company reiterated a Buy rating for this stock on May 08, 2015, and upped its price target to $18. In a note dated April 29, 2015, Dougherty & Company initiated an Buy rating and provided a target price of $16 on this stock.
Avinger Inc experienced fluctuations in its stock price throughout the past year between $0.39 and $5.45. Avinger Inc [NASDAQ: AVGR] shares were valued at $0.60 at the most recent close of the market.
Analyzing the AVGR fundamentals
Trailing Twelve Months sales for Avinger Inc [NASDAQ:AVGR] were 7.26M which represents -9.19% decline. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at -2.41%, Pretax Profit Margin comes in at -2.56%, and Net Profit Margin reading is -2.56%. To continue investigating profitability, this company’s Return on Assets is posted at -1.37, Equity is -54.25 and Total Capital is -4.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.44.
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 0.5299 points at the first support level, and at 0.4598 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6602, and for the 2nd resistance point, it is at 0.7204.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Avinger Inc [NASDAQ:AVGR] is 1.21. As well, the Quick Ratio is 0.81, while the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 0.43.
Transactions by insiders
Recent insider trading involved Subainati Nabeel Paul, Vice President, Finance, that happened on Jan 23 ’25 when 1255.0 shares were sold. Chief Executive Officer, SOINSKI JEFFREY M completed a deal on Jan 23 ’25 to sell 3690.0 shares. Meanwhile, Chief Technology Officer Patel Himanshu sold 2215.0 shares on Jan 23 ’25.
