Femasys Inc (NASDAQ:FEMY) shares, rose in value, with the stock price down by -11.14% to the previous day’s close as strong demand from buyers drove the stock to $1.35.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.52, falling within a range of $1.26 and $1.45. The value of beta (5-year monthly) is -2.852. Referring to stock’s 52-week performance, its high was $1.84, and the low was $0.86. On the whole, FEMY has fluctuated by -18.15% over the past month.
With the market capitalization of Femasys Inc currently standing at about $30.93 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.32M, with a low estimate of 1M and a high estimate of 1.9M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.38M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FEMY’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% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of FEMY currently trading nearly -11.18% and -3.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.59, while the 7-day volatility ratio is showing 9.94% which for the 30-day chart, stands at 9.75%. Furthermore, Femasys Inc (FEMY)’s beta value is -2.73, and its average true range (ATR) is 0.16.
A comparison of Femasys Inc (FEMY) with its peers suggests the former has fared considerably weaker in the market. FEMY showed an intraday change of -11.14% in today’s session so far, and over the past year, it shrunk by -16.11%%.
Data on historical trading for Femasys Inc (NASDAQ:FEMY) indicates that the trading volumes over the past 10 days have averaged 1.0 and over the past 3 months, they’ve averaged 417.72K. According to company’s latest data on outstanding shares, there are 22.23 million shares outstanding.
Nearly 14.49% of Femasys Inc’s shares belong to company insiders and institutional investors own 16.46% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.15 million shares as on 2025-03-14, resulting in a short ratio of 1.5. According to the data, the short interest in Femasys Inc (FEMY) stood at 632.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 0.3 million. The stock has risen by 22.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FEMY stock heading into the next quarter.
