TransEnterix, Inc.: Are the Stars Lining Up for Investors?

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TransEnterix, Inc. kicked off the trading day on 08/14/19 with a price decrease of -5.71%, equivalent to -$0.06 relative change for the day. Taking a more long-term approach, TRXC had a 52-week range of $0.70 to $6.98. At the time of this article’s publishing, this stock is trading at $0.98 after starting the trading session at $1.02. Moving on, the stock has demonstrated a 52-week change amounting to -75.23, alongside an S&P500 52-Week Change of -76.77. At the time of writing, this stock’s 50-day Moving Average stands at $1.30, while the 200-day Moving Average of this stock is currently $2.17.

Currently, this company’s share volume is sitting at $4,062,285, but has maintained average daily volume of $2.40M. This stock has generated an average Year to Date volume of $2.57 million, alongside an average 20-day volume of $2.36 million. This publicly-traded company’s shares outstanding now amounts to $186.29 million, simultaneously with a float of $186.29 million. The organization now has a market capitalization sitting at $182.68 million.

TransEnterix, Inc.(TRXC) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. TransEnterix, Inc.’s current insider ownership accounts for 2.60%, in contrast to 33.30% institutional ownership. According to the most recent latest insider trade that took place on May 14 this organization’s President and CEO exercised an option 71,943 at the rate of 1.39, making the entire transaction hit 100,001 in total value, affecting insider ownership by 924,359. Preceding that transaction, on May 13 Company’s EVP and CFO exercised an option 100,000 at a price of 1.39, making the whole transaction’s value amount to 139,000. This particular insider is now the holder of 100,000 in total.

If we take a glance at the Ownership summary of TransEnterix, Inc.’s stock, 170 Institutional holders make up 30.54% of its total stock ownership. All together, they are the legal holders of 66,490,365 shares, which are valued at about $69,149,980 in total. If we focus on the top 3 stockholders for this publicly-traded organization, BLACKROCK INC. owns 13.38 million shares, with VANGUARD GROUP INC in 2nd place owning 8.24 million shares and STATE STREET CORP in third place with total ownership of 6.94 million shares.

TransEnterix, Inc. (TRXC) Earnings and Revenue Data

The corporation racked down revenue of $2.18million for the previous financial quarter, compared to the mean analyst estimate of $5.81 million. This company achieved a net margin of -369.51 while generating a return on equity of -44.65. TransEnterix, Inc.’s full-quarter revenue decreased by -43.04%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

TransEnterix, Inc.’s EPS increase for this current 12-month fiscal period is 69.40%, and is forecasted to reach 6.10% in the upcoming year.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for TransEnterix, Inc., this organization’s Quick Ratio in the last reported quarter now stands at 3.40. The company has managed to achieve an average true range (ATR) of 0.13. Alongside those, its Beta score is 2.47.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.72 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 1.44, whereas its price to cash per share for the last quarter landed at 0.26.

In the same vein, TRXC’s Diluted EPS (Earnings per Share) trailing twelve month was posted at -0.32, a figure that is expected to reach -0.08 in the next reported quarter, and analysts expect it will be 6.10% at the market close of one year from today’s date.