Minim Inc (MINM) concluded trading on Wednesday at a closing price of $4.10, with 66.65 million shares of worth about $273.28 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.85% during that period and on Wednesday, January 31 the price saw a gain of about 61.42%. Currently the company’s common shares owned by public are about 1.88M shares.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
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However, the stock later moved at a day high price of 5.5499, or with a gain of 61.42%. Stock saw a price change of 80.62% in past 5 days and over the past one month there was a price change of 108.12%. Year-to-date (YTD), MINM shares are showing a performance of 108.12% which decreased to -18.77% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.60 but also hit the highest price of $14.00 during that period. The average intraday trading volume for Minim Inc shares is 2.30 million. The stock is currently trading 47.64% above its 20-day simple moving average (SMA20), while that difference is up 64.40% for SMA50 and it goes to 52.58% higher than SMA200.
Minim Inc (NASDAQ: MINM) currently have 1.88M outstanding shares and institutions hold larger chunk of about 2.29% of that.
The stock has a current market capitalization of $7.79M and its 3Y-monthly beta is at 2.77. It has posted earnings per share of -$11.16 in the same period. It has Quick Ratio of 0.25 while making debt-to-equity ratio of 13.93. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MINM, volatility over the week remained 31.48% while standing at 23.41% over the month.
Analysts are in expectations that Minim Inc (MINM) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$1 in the same quarter a year ago.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on August 06, 2021 offering a Buy rating for the stock and assigned a target price of $4 to it.
