Beamr Imaging Ltd (NASDAQ:BMR) shares, rose in value on Friday, January 03, with the stock price up by 8.21% to the previous day’s close as strong demand from buyers drove the stock to $5.14.
Actively observing the price movement in the last trading, the stock closed the session at $4.75, falling within a range of $4.6 and $5.4399. Referring to stock’s 52-week performance, its high was $34.94, and the low was $1.37. On the whole, BMR has fluctuated by 67.97% over the past month.
With the market capitalization of Beamr Imaging Ltd currently standing at about $79.72 million, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BMR’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of BMR currently trading nearly 25.37% and 49.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.26, while the 7-day volatility ratio is showing 29.52% which for the 30-day chart, stands at 17.69%. Furthermore, Beamr Imaging Ltd (BMR)’s beta value is 4.14, and its average true range (ATR) is 0.67.
A comparison of Beamr Imaging Ltd (BMR) with its peers suggests the former has fared considerably weaker in the market. BMR showed an intraday change of 8.21% in last session, and over the past year, it grew by 217.28%%.
Data on historical trading for Beamr Imaging Ltd (NASDAQ:BMR) indicates that the trading volumes over the past 10 days have averaged 0.94 and over the past 3 months, they’ve averaged 338.35K. According to company’s latest data on outstanding shares, there are 15.51 million shares outstanding.
Nearly 30.62% of Beamr Imaging Ltd’s shares belong to company insiders and institutional investors own 0.76% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.62 million shares as on 2024-12-13, resulting in a short ratio of 1.94. According to the data, the short interest in Beamr Imaging Ltd (BMR) stood at 532.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 0.44 million. The stock has risen by 4.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BMR stock heading into the next quarter.
