TransEnterix Inc. [AMEX: TRXC] loss -4.58% on the last trading session, reaching $0.35 price per share at the time.
TransEnterix Inc. represents 99.88 million in outstanding shares, while the company has a total market value of $34.95 million with the latest information. TRXC stock price has been found in the range of $0.34 to $0.37.
If compared to the average trading volume of 5.90M shares, TRXC reached a trading volume of 2244351 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about TransEnterix Inc. [TRXC]:
RBC Capital Mkts have made an estimate for TransEnterix Inc. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on August 08, 2019. While these analysts kept the previous recommendation, Piper Jaffray raised their target price to Neutral. The new note on the price target was released on May 22, 2019, representing the official price target for TransEnterix Inc. stock. Previously, the target price had yet another raise to $3, while BTIG Research analysts kept a Buy rating on TRXC stock.
The Average True Range (ATR) for TransEnterix Inc. is set at 0.04, with the Price to Sales ratio for TRXC stock in the period of the last 12 months amounting to 8.74. The Price to Book ratio for the last quarter was 0.30.
Trading performance analysis for TRXC stock
TransEnterix Inc. [TRXC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.17. With this latest performance, TRXC shares dropped by -14.32% in over the last four-week period, additionally sinking by -9.03% over the last 6 months – not to mention a drop of -95.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TRXC stock in for the last two-week period is set at 42.03, with the RSI for the last a single of trading hit 41.04, and the three-weeks RSI is set at 43.44 for TransEnterix Inc. [TRXC]. The present Moving Average for the last 50 days of trading for this stock 0.4000, while it was recorded at 0.3539 for the last single week of trading, and 0.7189 for the last 200 days.
TransEnterix Inc. [TRXC]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and TransEnterix Inc. [TRXC] shares currently have an operating margin of -1075.38 and a Gross Margin at -263.76. TransEnterix Inc.’s Net Margin is presently recorded at -1807.54.
Return on Total Capital for TRXC is now -71.81, given the latest momentum, and Return on Invested Capital for the company is -121.23. Return on Equity for this stock declined to -137.65, with Return on Assets sitting at -95.03. When it comes to the capital structure of this company, TransEnterix Inc. [TRXC] has a Total Debt to Total Equity ratio set at 4.52. Additionally, TRXC Total Debt to Total Capital is recorded at 4.33, with Total Debt to Total Assets ending up at 3.12. Long-Term Debt to Equity for the company is recorded at 2.52, with the Long-Term Debt to Total Capital now at 2.41.
Reflecting on the efficiency of the workforce at the company, TransEnterix Inc. [TRXC] managed to generate an average of -$946,018 per employee. Receivables Turnover for the company is 1.43 with a Total Asset Turnover recorded at a value of 0.05.TransEnterix Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.30 and a Current Ratio set at 3.40.
TransEnterix Inc. [TRXC]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, TransEnterix Inc. posted -1.17/share EPS, while the average EPS was predicted by analysts to be reported at -1.01/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -15.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TRXC.
An analysis of insider ownership at TransEnterix Inc. [TRXC]
There are presently around $2 million, or 5.60% of TRXC stock, in the hands of institutional investors. The top three institutional holders of TRXC stocks are: MASTERS CAPITAL MANAGEMENT LLC with ownership of 900,000, which is approximately -12.837% of the company’s market cap and around 0.70% of the total institutional ownership; VANGUARD GROUP INC, holding 649,474 shares of the stock with an approximate value of $0.23 million in TRXC stocks shares; and SV HEALTH INVESTORS, LLC, currently with $0.18 million in TRXC stock with ownership of nearly 0% of the company’s market capitalization.
Positions in TransEnterix Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 24 institutional holders increased their position in TransEnterix Inc. [AMEX:TRXC] by around 1,645,555 shares. Additionally, 43 investors decreased positions by around 5,509,632 shares, while 33 investors held positions by with 1,843,713 shares. The mentioned changes placed institutional holdings at 5,311,474 shares, according to the latest SEC report filing. TRXC stock had 15 new institutional investments in for a total of 1,198,178 shares, while 25 institutional investors sold positions of 3,485,806 shares during the same period.