In yesterday’s Wall Street session, Stereotaxis Inc (AMEX:STXS) shares traded at $2.22, down -7.11% from the previous session.
STXS stock price is now 1.86% away from the 50-day moving average and 4.24% away from the 200-day moving average. The market capitalization of the company currently stands at $188.10M.
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With the price target of $5, ROTH MKM recently initiated with Buy rating for Stereotaxis Inc (AMEX: STXS). On July 12, 2022, Aegis Capital recently initiated its ‘Buy’ rating on the stock quoting a target price of $6, while ‘B. Riley Securities’ rates the stock as ‘Buy’
In other news, Isaac Paul J, Director bought 812 shares of the company’s stock on Aug 19 ’24. The stock was bought for $1,527 at an average price of $1.88. Upon completion of the transaction, the Director now directly owns 2,767,626 shares in the company, valued at $6.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 20 ’24, Director Isaac Paul J bought 442 shares of the business’s stock. A total of $831 was incurred on buying the stock at an average price of $1.88. This leaves the insider owning 2,768,068 shares of the company worth $6.15 million. A total of 17.89% of the company’s stock is owned by insiders.
During the past 12 months, Stereotaxis Inc has had a low of $1.66 and a high of $3.29. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 1.39, and a quick ratio of 0.95. The fifty day moving average price for STXS is $2.1794 and a two-hundred day moving average price translates $2.1297 for the stock.
The latest earnings results from Stereotaxis Inc (AMEX: STXS) was released for 2024-09-30. The net profit margin was -91.05% and return on equity was -106.46% for STXS. The company reported revenue of $9.2 million for the quarter, compared to $7.8 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.91 percent.
