DarioHealth Corp [NASDAQ: DRIO] surged by $0.05 during the normal trading session on while it closed the day at $0.75.
DarioHealth Corp stock has also gained 34.89% of its value over the past 7 days. However, DRIO stock has inclined by 15.35% in the 3 months of the year. Over the past six months meanwhile, it has lost -25.00% and lost -4.59% year-on date.
The market cap for DRIO stock reached $31.18 million, with 38.39 million shares outstanding and 30.92 million shares in the current float. Compared to the average trading volume of 414.50K shares, DRIO reached a trading volume of 397768 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about DarioHealth Corp [DRIO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DRIO shares is $2.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DRIO stock is a recommendation set at 1.67. 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.
TD Cowen have made an estimate for DarioHealth Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 29, 2025. The new note on the price target was released on May 13, 2022, representing the official price target for DarioHealth Corp stock. Previously, the target price had yet another raise to $31, while Cowen analysts kept a Outperform rating on DRIO stock.
The Average True Range (ATR) for DarioHealth Corp is set at 0.07, with the Price to Sales ratio for DRIO stock in the period of the last 12 months amounting to 1.15. The Price to Book ratio for the last quarter was 0.40, with the Price to Cash per share for the same quarter was set at 0.69.
DRIO stock trade performance evaluation
DarioHealth Corp [DRIO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 34.89. With this latest performance, DRIO shares gained by 4.17% in over the last four-week period, additionally sinking by -25.00% over the last 6 months – not to mention a drop of -35.90% 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 DRIO stock in for the last two-week period is set at 61.43, with the RSI for the last a single of trading hit 66.97, and the three-weeks RSI is set at 57.38 for DarioHealth Corp [DRIO]. The present Moving Average for the last 50 days of trading for this stock 0.6604, while it was recorded at 0.7105 for the last single week of trading, and 0.8477 for the last 200 days.
DarioHealth Corp [DRIO]: An insightful look at the core fundamentals
DarioHealth Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.14 and a Current Ratio set at 2.42.
Earnings per share (EPS) analysis for DarioHealth Corp [DRIO] stock
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 DRIO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DarioHealth Corp go to 56.56%.
DarioHealth Corp [DRIO]: Institutional Ownership
There are presently around $20.20%, or 25.66%% of DRIO stock, in the hands of institutional investors. The top three institutional holders of DRIO stocks are: NANTAHALA CAPITAL MANAGEMENT, LLC with ownership of 2.39 million shares, which is approximately 6.9429%. APPIAN WAY ASSET MANAGEMENT LP, holding 1.38 million shares of the stock with an approximate value of $$1.64 million in DRIO stocks shares; and APPIAN WAY ASSET MANAGEMENT LP, currently with $$1.34 million in DRIO stock with ownership which is approximately 3.2713%.
