Surgalign Holdings Inc. (SRGA) is priced at $1.60 after the most recent trading session. At the very opening of the session, the stock price was $1.60 and reached a high price of $1.625, prior to closing the session it reached the value of $1.60. The stock touched a low price of $1.57.
Recently in News on June 7, 2021, Surgalign Holdings Announces Collaboration with Inteneural Networks, a Leading Developer of Artificial Intelligence for Clinical Neurosciences. Surgalign Holdings, Inc. (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care through the evolution of digital surgery, and Inteneural Networks Inc., a developer of innovative artificial intelligence (AI) based applications focused on fully autonomous analytics of central nervous system imaging, today announced that they have entered into a strategic collaboration agreement. Under the agreement, Surgalign will gain access to Inteneural’s proprietary technology for evaluation of future integration within the Surgalign digital surgery portfolio. You can read further details here
Surgalign Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.2700 on 02/08/21, with the lowest value was $1.4600 for the same time period, recorded on 05/14/21.
Surgalign Holdings Inc. (SRGA) full year performance was -48.55%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Surgalign Holdings Inc. shares are logging -59.70% during the 52-week period from high price, and 9.59% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.46 and $3.97.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1740644 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Surgalign Holdings Inc. (SRGA) recorded performance in the market was -26.94%, having the revenues showcasing -30.13% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 178.69M, as it employees total of 197 workers.
Analysts verdict on Surgalign Holdings Inc. (SRGA)
During the last month, 6 analysts gave the Surgalign Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.0989, with a change in the price was noted -0.48. In a similar fashion, Surgalign Holdings Inc. posted a movement of -23.08% for the period of last 100 days, recording 1,774,172 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SRGA is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Surgalign Holdings Inc. (SRGA): Technical Analysis
Raw Stochastic average of Surgalign Holdings Inc. in the period of last 50 days is set at 17.72%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 26.92%. In the last 20 days, the company’s Stochastic %K was 33.33% and its Stochastic %D was recorded 38.25%.
Let’s take a glance in the erstwhile performances of Surgalign Holdings Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -26.94%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -35.48%, alongside a downfall of -48.55% for the period of the last 12 months. The shares increased approximately by -8.57% in the 7-day charts and went down by -5.88% in the period of the last 30 days. Common stock shares were lifted by -30.13% during last recorded quarter.