Surgalign Holdings Inc. (SRGA) is priced at $1.41 after the most recent trading session. At the very opening of the session, the stock price was $1.41 and reached a high price of $1.42, prior to closing the session it reached the value of $1.39. The stock touched a low price of $1.33.Recently in News on September 7, 2021, Surgalign Holdings, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(C)(4). Surgalign Holdings, Inc. (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care through the evolution of digital surgery, today announced that it has granted restricted stock unit awards to 4 employees, none of whom are executive officers, as an inducement for them to accept employment with Surgalign, and representing the right to receive, in the aggregate, up to 38,960 shares of Surgalign common stock. The awards were granted on September 1, 2021 under the Surgalign Holdings, Inc. 2021 Inducement Plan. One-third of the restricted stock units vest on the first anniversary of the date of grant, and one-eighth of the remaining restricted stock units vest on each subsequent quarterly anniversary of the date of grant, such that the award will be fully vested on the third anniversary of the date of grant, subject to continued employment through the applicable vesting date. 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 $0.8825 for the same time period, recorded on 08/06/21.
Surgalign Holdings Inc. (SRGA) full year performance was -29.44%
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 -56.88% during the 52-week period from high price, and 59.77% 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 $0.88 and $3.27.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1381548 for the day, which was evidently lower, 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 -36.53%, having the revenues showcasing -6.71% 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 199.23M, as it employees total of 197 workers.
Specialists analysis on Surgalign Holdings Inc. (SRGA)
During the last month, 0 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 1.4055, with a change in the price was noted -0.45. In a similar fashion, Surgalign Holdings Inc. posted a movement of -24.32% for the period of last 100 days, recording 3,946,288 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.
Trends and Technical analysis: Surgalign Holdings Inc. (SRGA)
Raw Stochastic average of Surgalign Holdings Inc. in the period of last 50 days is set at 70.17%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 67.88%. In the last 20 days, the company’s Stochastic %K was 68.43% and its Stochastic %D was recorded 71.48%.
Now, considering the stocks previous presentation, 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 -36.53%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -46.74%, alongside a downfall of -29.44% for the period of the last 12 months. The shares increased approximately by -9.74% in the 7-day charts and went down by 52.65% in the period of the last 30 days. Common stock shares were lifted by -6.71% during last recorded quarter.