Oncology Institute Inc [NASDAQ: TOI] loss -1.51% on the last trading session, reaching $0.17 price per share at the time.
If compared to the average trading volume of 1.02M shares, TOI reached a trading volume of 3654074 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 Oncology Institute Inc [TOI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TOI 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 TOI 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.
Jefferies have made an estimate for Oncology Institute Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 26, 2024. While these analysts kept the previous recommendation, Guggenheim raised their target price to Buy. The new note on the price target was released on September 14, 2022, representing the official price target for Oncology Institute Inc stock. Previously, the target price had yet another raise to $10, while Jefferies analysts kept a Buy rating on TOI stock.
The Average True Range (ATR) for Oncology Institute Inc is set at 0.04, with the Price to Sales ratio for TOI stock in the period of the last 12 months amounting to 0.03. The Price to Book ratio for the last quarter was 0.83, with the Price to Cash per share for the same quarter was set at 0.63.
Trading performance analysis for TOI stock
Oncology Institute Inc [TOI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 28.59. With this latest performance, TOI shares dropped by -46.86% in over the last four-week period, additionally sinking by -63.88% over the last 6 months – not to mention a drop of -91.79% 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 TOI stock in for the last two-week period is set at 34.55, with the RSI for the last a single of trading hit 36.23, and the three-weeks RSI is set at 34.87 for Oncology Institute Inc [TOI]. The present Moving Average for the last 50 days of trading for this stock 0.2826, while it was recorded at 0.1606 for the last single week of trading, and 0.7267 for the last 200 days.
Oncology Institute Inc [TOI]: A deeper dive into fundamental analysis
Oncology Institute Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.27 and a Current Ratio set at 2.49.
Oncology Institute Inc [TOI]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Oncology Institute Inc posted 0.05/share EPS, while the average EPS was predicted by analysts to be reported at -0.13/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.19. 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 TOI.
An analysis of Institutional ownership at Oncology Institute Inc [TOI]
There are presently around $47.59%, or 59.16%% of TOI stock, in the hands of institutional investors. The top three institutional holders of TOI stocks are: FMR LLC with ownership of 4.75 million shares, which is approximately 6.4005%. DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C), holding 3.36 million shares of the stock with an approximate value of $$1.55 million in TOI stocks shares; and DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C), currently with $$0.82 million in TOI stock with ownership which is approximately 2.4025%.
