At the end of the latest market close, Conformis Inc. (CFMS) was valued at $0.40. In that particular session, Stock kicked-off at the price of $0.4173 while reaching the peak value of $0.4215 and lowest value recorded on the day was $0.2871. The stock current value is $0.30.Recently in News on May 10, 2022, Conformis, Inc. to Participate in the H.C. Wainwright Global Investment Conference. Conformis, Inc. (NASDAQ: CFMS), a leading medical device company that features personalized knee and hip replacement products, announced today that Mark Augusti, Chief Executive Officer, and Bob Howe, Chief Financial Officer, will participate in the H.C. Wainwright (HCW) Global Investment Conference. You can read further details here
Conformis 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 $0.8400 on 01/04/22, with the lowest value was $0.2871 for the same time period, recorded on 05/11/22.
Conformis Inc. (CFMS) full year performance was -63.23%
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, Conformis Inc. shares are logging -84.52% during the 52-week period from high price, and -24.32% 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 $0.40 and $1.96.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1965351 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 Conformis Inc. (CFMS) recorded performance in the market was -60.24%, having the revenues showcasing -56.28% 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 58.80M, as it employees total of 310 workers.
The Analysts eye on Conformis Inc. (CFMS)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.6409, with a change in the price was noted -0.36. In a similar fashion, Conformis Inc. posted a movement of -54.64% for the period of last 100 days, recording 796,045 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 CFMS is recording 0.24 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.24.
Technical rundown of Conformis Inc. (CFMS)
Raw Stochastic average of Conformis Inc. in the period of last 50 days is set at 3.36%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 4.11%. In the last 20 days, the company’s Stochastic %K was 2.50% and its Stochastic %D was recorded 5.59%.
Considering, the past performance of Conformis 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 -60.24%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -72.73%, alongside a downfall of -63.23% for the period of the last 12 months. The shares increased approximately by -42.06% in the 7-day charts and went up by -48.03% in the period of the last 30 days. Common stock shares were lifted by -56.28% during last recorded quarter.