SeaStar Medical Holding Corp [NASDAQ: ICU] loss -3.10% or -0.02 points to close at $0.82 with a heavy trading volume of 4246615 shares. The company report on January 26, 2024 at 8:05 AM that SeaStar Medical Announces Pricing of $9.0 Million Registered Direct Offering Priced At-the-Market.
Maxim Group LLC is acting as the sole placement agent for the offering.
The daily chart for ICU points out that the company has recorded 56.57% gains over the past six months.
If we look at the average trading volume of 4.48M shares, ICU reached to a volume of 4246615 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 SeaStar Medical Holding Corp [ICU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ICU shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ICU stock is a recommendation set at 1.00. 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.
Trading performance analysis for ICU stock
SeaStar Medical Holding Corp [ICU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.62. With this latest performance, ICU shares gained by 89.79% in over the last four-week period, additionally plugging by 56.57% over the last 6 months – not to mention a drop of -81.03% 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 ICU stock in for the last two-week period is set at 68.32, with the RSI for the last a single of trading hit 70.60, and the three-weeks RSI is set at 64.50 for SeaStar Medical Holding Corp [ICU]. The present Moving Average for the last 50 days of trading for this stock 0.5404, while it was recorded at 0.8184 for the last single week of trading, and 0.6576 for the last 200 days.
SeaStar Medical Holding Corp [ICU]: A deeper dive into fundamental analysis
SeaStar Medical Holding Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.18 and a Current Ratio set at 0.18.
An analysis of Institutional ownership at SeaStar Medical Holding Corp [ICU]
The top three institutional holders of ICU stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in ICU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in ICU stock with ownership which is approximately 5.8325%.
