InspireMD Inc. [AMEX: NSPR] closed the trading session at $0.70 on 03/23/21. The day’s price range saw the stock hit a low of $0.69, while the highest price level was $0.76. The company report on March 22, 2021 that InspireMD CEO Marvin Slosman Issues Letter to Fellow Stockholders Urging Support of the Company’s Plans to List its Common Stock on Nasdaq at the Upcoming Special Meeting of Stockholders.
InspireMD, Inc. (NYSE American: NSPR), developer of the CGuard™ Embolic Prevention System (EPS) for the prevention of the stroke caused by carotid artery disease, issues a message to stockholders from InspireMD CEO, Marvin Slosman regarding the Company’s Special Meeting of Stockholders.
To our valued Stockholders:.
The stocks have a year to date performance of 104.69 percent and weekly performance of -11.78 percent. The stock has been moved at 104.63 percent over the last six months. The stock has performed -34.17 percent around the most recent 30 days and changed 111.45 percent over the most recent 3-months.
If compared to the average trading volume of 20.22M shares, NSPR reached to a volume of 4925967 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about InspireMD Inc. [NSPR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NSPR shares is $1.02 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NSPR stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Rodman & Renshaw have made an estimate for InspireMD Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 07, 2016. The new note on the price target was released on March 13, 2015, representing the official price target for InspireMD Inc. stock. Previously, the target price had yet another raise to $6, while Oppenheimer analysts kept a Outperform rating on NSPR stock.
The Average True Range (ATR) for InspireMD Inc. is set at 0.12, with the Price to Sales ratio for NSPR stock in the period of the last 12 months amounting to 32.28. The Price to Book ratio for the last quarter was 2.18, with the Price to Cash per share for the same quarter was set at 0.11.
NSPR stock trade performance evaluation
InspireMD Inc. [NSPR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.78. With this latest performance, NSPR shares dropped by -34.17% in over the last four-week period, additionally plugging by 104.63% over the last 6 months – not to mention a rise of 26.90% 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 NSPR stock in for the last two-week period is set at 42.75, with the RSI for the last a single of trading hit 39.02, and the three-weeks RSI is set at 45.54 for InspireMD Inc. [NSPR]. The present Moving Average for the last 50 days of trading for this stock 0.8399, while it was recorded at 0.7757 for the last single week of trading, and 0.5149 for the last 200 days.
InspireMD Inc. [NSPR]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and InspireMD Inc. [NSPR] shares currently have an operating margin of -406.60 and a Gross Margin at +3.34. InspireMD Inc.’s Net Margin is presently recorded at -424.31.
Return on Total Capital for NSPR is now -101.24, given the latest momentum, and Return on Invested Capital for the company is -109.84. Return on Equity for this stock declined to -120.19, with Return on Assets sitting at -76.25. When it comes to the capital structure of this company, InspireMD Inc. [NSPR] has a Total Debt to Total Equity ratio set at 11.50. Additionally, NSPR Total Debt to Total Capital is recorded at 10.32, with Total Debt to Total Assets ending up at 7.87. Long-Term Debt to Equity for the company is recorded at 8.21, with the Long-Term Debt to Total Capital now at 7.37.
Reflecting on the efficiency of the workforce at the company, InspireMD Inc. [NSPR] managed to generate an average of -$219,667 per employee. Receivables Turnover for the company is 2.59 with a Total Asset Turnover recorded at a value of 0.18.InspireMD Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.80 and a Current Ratio set at 4.10.
Earnings per share (EPS) analysis for InspireMD Inc. [NSPR] stock
With the latest financial reports released by the company, InspireMD Inc. posted -0.43/share EPS, while the average EPS was predicted by analysts to be reported at -0.63/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 31.70%. 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 NSPR.
InspireMD Inc. [NSPR]: Insider Ownership positions
There are presently around $1 million, or 1.60% of NSPR stock, in the hands of institutional investors. The top three institutional holders of NSPR stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 1,243,100, which is approximately 753.496% of the company’s market cap and around 2.30% of the total institutional ownership; TWO SIGMA INVESTMENTS, LP, holding 202,113 shares of the stock with an approximate value of $0.14 million in NSPR stocks shares; and SABBY MANAGEMENT, LLC, currently with $0.12 million in NSPR stock with ownership of nearly -28.326% of the company’s market capitalization.
Positions in InspireMD Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 5 institutional holders increased their position in InspireMD Inc. [AMEX:NSPR] by around 1,390,894 shares. Additionally, 9 investors decreased positions by around 472,771 shares, while 3 investors held positions by with 10,595 shares. The mentioned changes placed institutional holdings at 1,853,070 shares, according to the latest SEC report filing. NSPR stock had 0 new institutional investments in for a total of 0 shares, while 7 institutional investors sold positions of 403,683 shares during the same period.