Currently, there are 20.18M common shares owned by the public and among those 19.70M shares have been available to trade.
The company’s stock has a 5-day price change of 88.96% and -17.33% over the past three months. CUTR shares are trading 75.63% year to date (YTD), with the 12-month market performance down to -78.55% lower. It has a 12-month low price of $0.28 and touched a high of $4.97 over the same period. CUTR has an average intraday trading volume of 365.46K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 65.15%, 46.16%, and -47.49% respectively.
Institutional ownership of Cutera Inc (NASDAQ: CUTR) shares accounts for 33.08% of the company’s 20.18M shares outstanding.
It has a market capitalization of $15.53M and a beta (3y monthly) value of 1.30. The earnings-per-share (ttm) stands at -$6.57. Price movements for the stock have been influenced by the stock’s volatility, which stands at 32.00% over the week and 16.82% over the month.
Earnings per share for the fiscal year are expected to decrease by -1.05%, and 35.78% over the next financial year. EPS should grow at an annualized rate of 25.00% over the next five years, compared to -29.66% over the past 5-year period.
Piper Sandler coverage for the Cutera Inc (CUTR) stock in a research note released on July 27, 2023 offered a Neutral rating with a price target of $18. William Blair was of a view on May 11, 2023 that the stock is Mkt Perform, while Piper Sandler gave the stock Underweight rating on May 10, 2023, issuing a price target of $14. Maxim Group on their part issued Hold rating on March 30, 2023.
