The time has not yet come to remove your chips from the table: Myomo Inc (MYO)

With 5.37 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.35 million shares. The 52-week range on MYO shows that it touched its highest point at $7.17 and its lowest point at $2.51 during that stretch. It currently has a 1-year price target of $8.58. Beta for the stock currently stands at 1.61.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MYO was up-trending over the past week, with a rise of 28.45%, but this was down by -3.45% over a month. Three-month performance dropped to -1.34% while six-month performance rose 56.53%. The stock gained 66.76% in the past year, while it has lost -8.85% so far this year. A look at the trailing 12-month EPS for MYO yields -0.17 with Next year EPS estimates of 0.01. For the next quarter, that number is -0.08. This implies an EPS growth rate of 6.25% for this year and 103.33% for next year.

Float and Shares Shorts:

At present, 34.38 million MYO shares are outstanding with a float of 31.04 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MYO since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.14203 being high and -$0.20165 being low. For MYO, this leads to a yearly average estimate of -$0.18. Based on analyst estimates, the high estimate for the next quarter is -$0.04 and the low estimate is -$0.07. The average estimate for the next quarter is thus -$0.05.