Ladenburg Thalmann slashes price target on Motus GI Holdings Inc. [MOTS] – find out why.

Motus GI Holdings Inc. [NASDAQ: MOTS] jumped around 0.3 points on Friday, while shares priced at $1.39 at the close of the session, up 27.52%. The company report on April 30, 2021 that Motus GI Receives FDA Clearance to Market the Pure-Vu® System for Upper GI Endoscopy.

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Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (“FDA”) for a version of the Pure-Vu® System that is compatible with gastroscopes used during upper gastrointestinal (GI) endoscopy procedures to remove blood, blood clots and debris in order to provide a clear field-of-view for the endoscopist. This proprietary technology is the latest innovation for the Pure-Vu System platform that is specifically designed to integrate with therapeutic gastroscopes to enable safe and rapid cleansing during the procedure, while preserving established procedural workflow and techniques.

“We are pleased to receive FDA clearance for the Pure-Vu System now compatible with gastroscopes for the purpose of providing enhanced visibility during upper GI endoscopies. We believe this regulatory milestone broadens our ability to participate in a larger percentage of procedures performed by our key customers, providing us a natural extension of our commercial strategy. In addition, we have received consistent feedback from leading physicians indicating their view that there is a substantial unmet need in this area, particularly for Upper GI Bleed procedures,” stated Tim Moran, Chief Executive Officer of Motus GI. “This FDA clearance is a testament to our innovation team’s ability to deliver on customer needs in a timely manner.”.

Motus GI Holdings Inc. stock is now 46.62% up from its year-to-date (YTD) trading value. MOTS Stock saw the intraday high of $1.62 and lowest of $1.31 per share. The company’s 52-week high price is 2.74, which means current price is +57.04% above from all time high which was touched on 02/18/21.

Compared to the average trading volume of 5.29M shares, MOTS reached a trading volume of 143886496 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Motus GI Holdings Inc. [MOTS]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MOTS shares is $2.42 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MOTS stock is a recommendation set at 1.50. 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.

Ladenburg Thalmann have made an estimate for Motus GI Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 30, 2018. While these analysts kept the previous recommendation, Dougherty & Company raised their target price to Buy. The new note on the price target was released on August 28, 2018, representing the official price target for Motus GI Holdings Inc. stock.

The Average True Range (ATR) for Motus GI Holdings Inc. is set at 0.13, with the Price to Sales ratio for MOTS stock in the period of the last 12 months amounting to 520.40. The Price to Book ratio for the last quarter was 4.96, with the Price to Cash per share for the same quarter was set at 0.57.

How has MOTS stock performed recently?

Motus GI Holdings Inc. [MOTS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.93. With this latest performance, MOTS shares gained by 14.88% in over the last four-week period, additionally plugging by 78.80% over the last 6 months – not to mention a rise of 21.93% 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 MOTS stock in for the last two-week period is set at 61.66, with the RSI for the last a single of trading hit 71.13, and the three-weeks RSI is set at 56.35 for Motus GI Holdings Inc. [MOTS]. The present Moving Average for the last 50 days of trading for this stock 1.3124, while it was recorded at 1.1740 for the last single week of trading, and 1.1438 for the last 200 days.

Motus GI Holdings Inc. [MOTS]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Motus GI Holdings Inc. [MOTS] shares currently have an operating margin of -18780.61 and a Gross Margin at -1051.02. Motus GI Holdings Inc.’s Net Margin is presently recorded at -19650.00.

Return on Total Capital for MOTS is now -78.04, given the latest momentum, and Return on Invested Capital for the company is -124.73. Return on Equity for this stock declined to -130.04, with Return on Assets sitting at -68.38. When it comes to the capital structure of this company, Motus GI Holdings Inc. [MOTS] has a Total Debt to Total Equity ratio set at 77.63. Additionally, MOTS Total Debt to Total Capital is recorded at 43.70, with Total Debt to Total Assets ending up at 36.42. Long-Term Debt to Equity for the company is recorded at 4.84, with the Long-Term Debt to Total Capital now at 2.73.

Reflecting on the efficiency of the workforce at the company, Motus GI Holdings Inc. [MOTS] managed to generate an average of -$802,375 per employee. Receivables Turnover for the company is 1.66 with a Total Asset Turnover recorded at a value of 0.00.Motus GI Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.10.

Earnings analysis for Motus GI Holdings Inc. [MOTS]

With the latest financial reports released by the company, Motus GI Holdings Inc. posted -0.23/share EPS, while the average EPS was predicted by analysts to be reported at -0.22/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -4.50%. 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 MOTS.

Insider trade positions for Motus GI Holdings Inc. [MOTS]

There are presently around $14 million, or 21.70% of MOTS stock, in the hands of institutional investors. The top three institutional holders of MOTS stocks are: PERCEPTIVE ADVISORS LLC with ownership of 4,210,542, which is approximately 0% of the company’s market cap and around 3.00% of the total institutional ownership; ORACLE INVESTMENT MANAGEMENT INC, holding 3,806,666 shares of the stock with an approximate value of $5.29 million in MOTS stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $0.7 million in MOTS stock with ownership of nearly 4369.582% of the company’s market capitalization.

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Positions in Motus GI Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 7 institutional holders increased their position in Motus GI Holdings Inc. [NASDAQ:MOTS] by around 558,120 shares. Additionally, 11 investors decreased positions by around 2,688,250 shares, while 11 investors held positions by with 7,165,704 shares. The mentioned changes placed institutional holdings at 10,412,074 shares, according to the latest SEC report filing. MOTS stock had 2 new institutional investments in for a total of 13,888 shares, while 6 institutional investors sold positions of 108,613 shares during the same period.

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