Myomo Inc [MYO] stock prices are up 4.82% to $5.44 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MYO shares have gain 30.46% over the last week, with a monthly amount drifted -13.79%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Myomo Inc [AMEX: MYO] stock has seen the most recent analyst activity on July 31, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $7. Previously, Lake Street started tracking the stock with Buy rating on May 20, 2024, and set its price target to $7. On December 15, 2023, H.C. Wainwright initiated with a Buy rating and assigned a price target of $6.50 on the stock. ROTH Capital upgraded its rating to a Buy and increased its price target to $7 on November 11, 2020. Dougherty & Company initiated its recommendation with a Buy and recommended $8.50 as its price target on May 27, 2020. H.C. Wainwright started tracking with a Buy rating for this stock on October 02, 2017, and assigned it a price target of $12.
The stock price of Myomo Inc [MYO] has been fluctuating between $2.51 and $7.17 over the past year. Currently, Wall Street analysts expect the stock to reach $5.42 within the next 12 months. Myomo Inc [AMEX: MYO] shares were valued at $5.44 at the most recent close of the market. An investor can expect a potential drop of -0.37% based on the average MYO price forecast.
Analyzing the MYO fundamentals
The Myomo Inc [AMEX:MYO] reported sales of 32.55M for trailing twelve months, representing a surge of 153.73%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.45 and Total Capital is -0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.33.
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 5.25 points at the first support level, and at 5.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.58, and for the 2nd resistance point, it is at 5.71.
Ratios To Look Out For
It’s worth pointing out that Myomo Inc [AMEX:MYO]’s Current Ratio is 3.22. Also, the Quick Ratio is 2.91, while the Cash Ratio stands at 2.4. Considering the valuation of this stock, the price to sales ratio is 5.75, the price to book ratio is 7.57.
Transactions by insiders
Recent insider trading involved KIRK THOMAS F, Director, that happened on Mar 13 ’25 when 7400.0 shares were purchased. Chief Commercial Officer, Mitchell Micah completed a deal on Mar 14 ’25 to sell 48000.0 shares. Meanwhile, Officer MICAH MITCHELL bought 48000.0 shares on Mar 14 ’25.
