Currently, there are 34.31M common shares owned by the public and among those 22.92M shares have been available to trade.
The company’s stock has a 5-day price change of 63.84% and 41.15% over the past three months. MGRM shares are trading 54.85% year to date (YTD), with the 12-month market performance up to 58.87% higher. It has a 12-month low price of $1.53 and touched a high of $4.90 over the same period. MGRM has an average intraday trading volume of 48.61K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 53.14%, 43.42%, and 49.36% respectively.
Institutional ownership of Monogram Technologies Inc (NASDAQ: MGRM) shares accounts for 4.12% of the company’s 34.31M shares outstanding.
It has a market capitalization of $129.51M and a beta (3y monthly) value of 1.38. The earnings-per-share (ttm) stands at -$0.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 15.94% over the week and 10.02% over the month.
Analysts forecast that Monogram Technologies Inc (MGRM) will achieve an EPS of -0.1 for the current quarter, -0.1 for the next quarter and -0.4 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.1 while analysts give the company a high EPS estimate of -0.1. Comparatively, EPS for the current quarter was -0.11 a year ago. Earnings per share for the fiscal year are expected to decrease by -23.91%, and 30.70% over the next financial year. EPS should grow at an annualized rate of 19.50% over the next five years, compared to -90.58% over the past 5-year period.
Looking at the support for the MGRM, a number of firms have released research notes about the stock. ROTH MKM stated their Buy rating for the stock in a research note on December 09, 2024, with the firm’s price target at $4.
