Motus GI Holdings Inc (NASDAQ: MOTS) stock fell -4.42% on Friday to $3.68 against a previous-day closing price of $3.85. With 44380.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.1 million shares. During the session, the Medical Devices company that operates in wider Healthcare sector, reached to the highest price of $3.9499 whereas the lowest price it dropped to was $3.5400. The 52-week range on MOTS shows that it touched its highest point at $23.40 and its lowest point at $3.29 during that stretch. It currently has a 1-year price target of $8.30. Beta for the stock currently stands at 1.56.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MOTS was down-trending over the past week, with a drop of -7.77%, but this was down by -50.93% over a month. Three-month performance dropped to -52.27% while six-month performance fell -69.86%. The stock lost -84.27% in the past year, while it has lost -70.79% so far this year. A look at the trailing 12-month EPS for MOTS yields -35.92 with Next year EPS estimates of -17.56. For the next quarter, that number is -4.19. This implies an EPS growth rate of 71.78% for this year and 27.74% for next year.
Float and Shares Shorts:
At present, 0.58 million MOTS shares are outstanding with a float of 0.52 million shares on hand for trading. On Oct 30, 2023, short shares totaled 13320.0, which was 3.39% higher than short shares on Sep 28, 2023. In addition to Mr. Mark Pomeranz as the firm’s Non-Independent Director & CEO, Ms. Ravit Ram serves as its CFO & VP of Global Operations.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MOTS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With MOTS analysts setting a high price target of $8.30 and a low target of $8.30, the average target price over the next 12 months is $8.30. Based on these targets, MOTS could surge 125.54% to reach the target high and rise by 125.54% to reach the target low. Reaching the average price target will result in a growth of 125.54% from current levels.
Summary of Insider Activity:
Insiders traded MOTS stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.