With 42.12 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.11 million shares. The 52-week range on CUTR shows that it touched its highest point at $3.00 and its lowest point at $0.09 during that stretch. It currently has a 1-year price target of $2.00. Beta for the stock currently stands at 1.32.
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 CUTR was down-trending over the past week, with a drop of -60.13%, but this was down by -72.61% over a month. Three-month performance dropped to -70.11% while six-month performance fell -82.54%. The stock lost -93.91% in the past year, while it has lost -63.59% so far this year. A look at the trailing 12-month EPS for CUTR yields -6.57 with Next year EPS estimates of -3.24. For the next quarter, that number is -0.98. This implies an EPS growth rate of -1.05% for this year and 35.78% for next year. EPS is expected to grow by 27.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -29.66%.
Float and Shares Shorts:
At present, 20.18 million CUTR shares are outstanding with a float of 19.77 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CUTR since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$4.94725 being high and -$5.14275 being low. For CUTR, this leads to a yearly average estimate of -$5.045. Based on analyst estimates, the high estimate for the next quarter is -$0.89 and the low estimate is -$0.9. The average estimate for the next quarter is thus -$0.89.
