Currently, there are 57.89M common shares owned by the public and among those 57.50M shares have been available to trade.
The company’s stock has a 5-day price change of 45.45% and 28.64% over the past three months. HYPR shares are trading 45.45% year to date (YTD), with the 12-month market performance up to 14.29% higher. It has a 12-month low price of $0.76 and touched a high of $1.90 over the same period. HYPR has an average intraday trading volume of 341.66K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 28.69%, 19.46%, and 26.50% respectively.
Institutional ownership of Hyperfine Inc (NASDAQ: HYPR) shares accounts for 10.71% of the company’s 57.89M shares outstanding.
It has a market capitalization of $99.15M and a beta (3y monthly) value of 0.92. The earnings-per-share (ttm) stands at -$0.57. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.95% over the week and 8.57% over the month.
Analysts forecast that Hyperfine Inc (HYPR) will achieve an EPS of -0.14 for the current quarter, -0.12 for the next quarter and -0.42 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.14 while analysts give the company a high EPS estimate of -0.14. Comparatively, EPS for the current quarter was -0.14 a year ago. Earnings per share for the fiscal year are expected to increase by 12.50%, and 5.10% over the next financial year.
Looking at the support for the HYPR, a number of firms have released research notes about the stock. Wells Fargo stated their Equal Weight rating for the stock in a research note on August 11, 2022, with the firm’s price target at $8-$2.40. Evercore ISI coverage for the Hyperfine Inc (HYPR) stock in a research note released on May 31, 2022 offered a Outperform rating with a price target of $7.
