Hyperfine Inc (NASDAQ:HYPR) shares, rose in value on Thursday, April 16, with the stock price up by 4.11% to the previous day’s close as strong demand from buyers drove the stock to $0.70.
Actively observing the price movement in the last trading, the stock closed the session at $0.67, falling within a range of $0.669 and $0.6999. The value of beta (5-year monthly) was 1.047. Referring to stock’s 52-week performance, its high was $1.90, and the low was $0.58. On the whole, HYPR has fluctuated by -18.16% over the past month.
With the market capitalization of Hyperfine Inc currently standing at about $54.18 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-16.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.67M, with a low estimate of 2.6M and a high estimate of 2.99M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.81M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HYPR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of HYPR currently trading nearly -3.39% and -25.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.12, while the 7-day volatility ratio is showing 6.94% which for the 30-day chart, stands at 9.65%. Furthermore, Hyperfine Inc (HYPR)’s beta value is 1.03, and its average true range (ATR) is 0.08.
A comparison of Hyperfine Inc (HYPR) with its peers suggests the former has fared considerably weaker in the market. HYPR showed an intraday change of 4.11% in last session, and over the past year, it shrunk by -29.69%%.
Data on historical trading for Hyperfine Inc (NASDAQ:HYPR) indicates that the trading volumes over the past 10 days have averaged 0.28 and over the past 3 months, they’ve averaged 1.18 million. According to company’s latest data on outstanding shares, there are 58.08 million shares outstanding.
Nearly 25.59% of Hyperfine Inc’s shares belong to company insiders and institutional investors own 10.68% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.38 million shares as on 2025-03-31, resulting in a short ratio of 0.96. According to the data, the short interest in Hyperfine Inc (HYPR) stood at 401.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.02 million. The stock has fallen by -20.90% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HYPR stock heading into the next quarter.
