Staar Surgical Co (NASDAQ:STAA) shares, rose in value, with the stock price up by 4.65% to the previous day’s close as strong demand from buyers drove the stock to $16.89.
Actively observing the price movement in the last trading, the stock closed the session at $16.14, falling within a range of $15.97 and $17.005. The value of beta (5-year monthly) was 0.753. Referring to stock’s 52-week performance, its high was $49.86, and the low was $13.50. On the whole, STAA has fluctuated by -7.45% over the past month.
With the market capitalization of Staar Surgical Co currently standing at about $833.11 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-10.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 260.75M, with a low estimate of 39.7M and a high estimate of 41.55M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 40.33M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that STAA’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 STAA currently trading nearly -0.15% and -4.01% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.31, while the 7-day volatility ratio is showing 6.56% which for the 30-day chart, stands at 5.93%. Furthermore, Staar Surgical Co (STAA)’s beta value is 0.69, and its average true range (ATR) is 1.13.
A comparison of Staar Surgical Co (STAA) with its peers suggests the former has fared considerably weaker in the market. STAA showed an intraday change of 4.65% in last session, and over the past year, it shrunk by -63.77%%.
Data on historical trading for Staar Surgical Co (NASDAQ:STAA) indicates that the trading volumes over the past 10 days have averaged 1.2 and over the past 3 months, they’ve averaged 1.17 million. According to company’s latest data on outstanding shares, there are 49.29 million shares outstanding.
Nearly 0.74% of Staar Surgical Co’s shares belong to company insiders and institutional investors own 109.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.21 million shares as on 2025-03-31, resulting in a short ratio of 4.81. According to the data, the short interest in Staar Surgical Co (STAA) stood at 2104.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 4.57 million. The stock has fallen by -30.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the STAA stock heading into the next quarter.
