Neuronetics Inc (NASDAQ:STIM) shares, rose in value on Thursday, April 16, with the stock price down by -0.27% to the previous day’s close as strong demand from buyers drove the stock to $3.76.
Actively observing the price movement in the last trading, the stock closed the session at $3.77, falling within a range of $3.63 and $3.8195. The value of beta (5-year monthly) was 1.975. Referring to stock’s 52-week performance, its high was $5.92, and the low was $0.52. On the whole, STIM has fluctuated by -24.95% over the past month.
With the market capitalization of Neuronetics Inc currently standing at about $247.46 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-03.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 148.57M, with a low estimate of 28.57M and a high estimate of 29.9M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 29.07M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that STIM’s technical picture suggests that short-term indicators denote the stock is a Hold 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 STIM currently trading nearly -3.47% and -11.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.71, while the 7-day volatility ratio is showing 7.53% which for the 30-day chart, stands at 10.66%. Furthermore, Neuronetics Inc (STIM)’s beta value is 1.89, and its average true range (ATR) is 0.43.
A comparison of Neuronetics Inc (STIM) with its peers suggests the former has fared considerably weaker in the market. STIM showed an intraday change of -0.27% in last session, and over the past year, it shrunk by -6.93%%.
Data on historical trading for Neuronetics Inc (NASDAQ:STIM) indicates that the trading volumes over the past 10 days have averaged 0.87 and over the past 3 months, they’ve averaged 1.53 million. According to company’s latest data on outstanding shares, there are 55.68 million shares outstanding.
Nearly 78.65% of Neuronetics Inc’s shares belong to company insiders and institutional investors own 11.52% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.34 million shares as on 2025-03-31, resulting in a short ratio of 2.24. According to the data, the short interest in Neuronetics Inc (STIM) stood at 523.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.99 million. The stock has risen by 133.54% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the STIM stock heading into the next quarter.
