Icad Inc [NASDAQ: ICAD] traded at a high on N/A, posting a 59.07 gain after which it closed the day’ session at $3.07.
The results of the trading session contributed to over 21198168 shares changing hands. Over the past one week, the price volatility of Icad Inc stands at 9.38% while the volatility over the past one month is 9.03%.
The market cap for ICAD stock reached $84.02 million, with 26.35 million shares outstanding and 25.78 million shares in the current float. Compared to the average trading volume of 505.75K shares, ICAD reached a trading volume of 21198168 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Icad Inc [ICAD]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ICAD shares is $5.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ICAD stock is a recommendation set at 2.50. 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.
Guggenheim have made an estimate for Icad Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 18, 2022. While these analysts kept the previous recommendation, Guggenheim raised their target price to Buy. The new note on the price target was released on April 22, 2021, representing the official price target for Icad Inc stock. Previously, the target price had yet another raise to $25, while BTIG Research analysts kept a Buy rating on ICAD stock.
The Average True Range (ATR) for Icad Inc is set at 0.27, with the Price to Sales ratio for ICAD stock in the period of the last 12 months amounting to 4.28. The Price to Book ratio for the last quarter was 2.82, with the Price to Cash per share for the same quarter was set at 0.63.
How has ICAD stock performed recently?
Icad Inc [ICAD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 74.43. With this latest performance, ICAD shares gained by 32.33% in over the last four-week period, additionally plugging by 100.65% over the last 6 months – not to mention a rise of 88.34% 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 ICAD stock in for the last two-week period is set at 72.66, with the RSI for the last a single of trading hit 81.91, and the three-weeks RSI is set at 65.96 for Icad Inc [ICAD]. The present Moving Average for the last 50 days of trading for this stock 2.4400, while it was recorded at 2.0500 for the last single week of trading, and 1.9000 for the last 200 days.
Icad Inc [ICAD]: Deeper insight into the fundamentals
Icad Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.40 and a Current Ratio set at 3.50.
Earnings analysis for Icad Inc [ICAD]
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 ICAD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Icad Inc go to 70.76%.
Insider trade positions for Icad Inc [ICAD]
There are presently around $21.51%, or 22.79%% of ICAD stock, in the hands of institutional investors. The top three institutional holders of ICAD stocks are: VANGUARD GROUP INC with ownership of 1.13 million shares, which is approximately 4.2979%. FIRST EAGLE INVESTMENT MANAGEMENT, LLC, holding 0.7 million shares of the stock with an approximate value of $$0.91 million in ICAD stocks shares; and FIRST EAGLE INVESTMENT MANAGEMENT, LLC, currently with $$0.85 million in ICAD stock with ownership which is approximately 2.4792%.
