Avinger Inc [NASDAQ: AVGR] price surged by 125.72 percent to reach at $0.81.
The one-year AVGR stock forecast points to a potential upside of 71.0. The average equity rating for AVGR stock is currently 1.00, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Guru’s Opinion on Avinger Inc [AVGR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AVGR shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AVGR 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.
B. Riley Securities have made an estimate for Avinger Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 29, 2021. While these analysts kept the previous recommendation, Ladenburg Thalmann raised their target price to Buy. The new note on the price target was released on March 09, 2018, representing the official price target for Avinger Inc stock. On April 11, 2017, analysts decreased their price target for AVGR shares from 4.30 to 1.
The Average True Range (ATR) for Avinger Inc is set at 0.21, with the Price to Sales ratio for AVGR stock in the period of the last 12 months amounting to 1.49. The Price to Book ratio for the last quarter was 1.04, with the Price to Cash per share for the same quarter was set at 0.79.
AVGR Stock Performance Analysis:
Avinger Inc [AVGR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 158.23. With this latest performance, AVGR shares gained by 58.02% in over the last four-week period, additionally sinking by -32.47% over the last 6 months – not to mention a drop of -52.36% 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 AVGR stock in for the last two-week period is set at 69.03, with the RSI for the last a single of trading hit 75.72, and the three-weeks RSI is set at 67.98 for Avinger Inc [AVGR]. The present Moving Average for the last 50 days of trading for this stock 0.8027, while it was recorded at 0.7563 for the last single week of trading, and 1.8073 for the last 200 days.
Insight into Avinger Inc Fundamentals:
Avinger Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.81 and a Current Ratio set at 1.21.
Avinger Inc [AVGR] Institutonal Ownership Details
There are presently around $2.84%, or 3.28%% of AVGR stock, in the hands of institutional investors.
