ReShape Lifesciences Inc [RSLS] stock is trading at $1.15, down -15.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RSLS shares have gain 6.48% over the last week, with a monthly amount drifted -74.10%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ReShape Lifesciences Inc [RSLS] stock has fluctuated between $1.01 and $29.00 over the past year. ReShape Lifesciences Inc [NASDAQ: RSLS] shares were valued at $1.15 at the most recent close of the market.
Analyzing the RSLS fundamentals
ReShape Lifesciences Inc [NASDAQ:RSLS] reported sales of 8.18M for the trailing twelve months, which represents a growth of 6.36%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at -0.97%, Pretax Profit Margin comes in at -0.86%, and Net Profit Margin reading is -0.86%. To continue investigating profitability, this company’s Return on Assets is posted at -1.26, Equity is -1.8 and Total Capital is -4.98. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
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 1.0660 points at the first support level, and at 0.9820 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2780, and for the 2nd resistance point, it is at 1.4060.
Ratios To Look Out For
For context, ReShape Lifesciences Inc’s Current Ratio is 1.33. Also, the Quick Ratio is 0.60, while the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 0.10, the price to book ratio is 0.54.
Transactions by insiders
Recent insider trading involved STANKOVICH THOMAS, Chief Financial Officer, that happened on May 31 ’24 when 48.0 shares were sold. Chief Financial Officer, STANKOVICH THOMAS completed a deal on Feb 29 ’24 to sell 43.0 shares.
