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Myomo Inc. (MYO): The stock ticks all the boxes for top investors

Myomo Inc. (MYO) is priced at $0.72 after the most recent trading session. At the very opening of the session, the stock price was $0.77 and reached a high price of $0.78, prior to closing the session it reached the value of $0.77. The stock touched a low price of $0.65.Recently in News on March 13, 2023, Myomo Reports Fourth Quarter and Full Year 2022 Financial Results. Fourth quarter revenue was $4.0 million, up 2% sequentially387 patients added to the pipeline in fourth quarter, up 75% compared with Q4 2021. You can read further details here

Myomo 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 $4.5300 on 03/22/22, with the lowest value was $0.3690 for the same time period, recorded on 12/22/22.

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Myomo Inc. (MYO) full year performance was -81.79%

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, Myomo Inc. shares are logging -84.17% during the 52-week period from high price, and 94.39% 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 $0.37 and $4.53.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1576647 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 Myomo Inc. (MYO) recorded performance in the market was 40.26%, having the revenues showcasing 34.65% 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 5.72M, as it employees total of 87 workers.

The Analysts eye on Myomo Inc. (MYO)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.7204, with a change in the price was noted -0.80. In a similar fashion, Myomo Inc. posted a movement of -52.81% for the period of last 100 days, recording 1,106,549 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 MYO is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical rundown of Myomo Inc. (MYO)

Raw Stochastic average of Myomo Inc. in the period of last 50 days is set at 69.46%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 57.58%. In the last 20 days, the company’s Stochastic %K was 67.70% and its Stochastic %D was recorded 75.04%.

Considering, the past performance of Myomo Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 40.26%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -59.01%, alongside a downfall of -81.79% for the period of the last 12 months. The shares increased approximately by -6.53% in the 7-day charts and went down by 37.92% in the period of the last 30 days. Common stock shares were driven by 34.65% during last recorded quarter.

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