Femasys Inc (NASDAQ:FEMY) traded at $1.26 at close of the session on Friday, November 01 and made a downward move of -5.26% on its previous day’s price.
Looking at the stock we see that its previous close was $1.33 and the beta (5Y monthly) reads -2.822 with the day’s price range being $1.23 – $1.36. In terms of its 52-week price range, FEMY has a high of $2.40 and a low of $0.73. The company’s stock has gained about 13.00% over that past 30 days.
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Femasys Inc has a market cap of $26.54 million and is expected to release its quarterly earnings report in December. Estimates by analysts give the company expected earnings per share (EPS) of -0.2, with the EPS growth for the year raised at -0.75 for current year and -0.75 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 650k, with a low of 400k and a high of 1M. The median projection represents growth squeezing down to 166.40% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 2.47M, or 130.40% up from figures reported last year.
On the other hand, looking at the outlook for the FEMY stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold.
Based on estimates by 3 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Femasys Inc (FEMY) stock as a Hold, while 3 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 2.54% off its SMA20 and 8.70% from its 50-day simple moving average. The RSI (14) is pointing at 53.56 while the volatility over the past week is 6.24% and jumps to 5.91% over the past one month. The beta value is -2.83, while the average true range (ATR) is currently pointing at 0.07.
Coming back to Femasys Inc (NASDAQ:FEMY), we note that the average 3-month trading volume was 141.72K, while that of the preceding 10-day period stands at 0.29 million. Current shares outstanding are 21.66 million.
The insiders hold 7.62% of the company’s shares while institutions hold 7.00%. The data shows that short shares as of 2024-10-15, stood at 0.5 million at a short ratio of 4.68. This represents a 284.00 short interest in shares outstanding on 2024-10-15. Shares short fall in October from the previous month at 0.68 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 29.23% up in year-to-date price movement.
