SI-BONE Inc (NASDAQ:SIBN) shares, rose in value, with the stock price up by 3.90% to the previous day’s close as strong demand from buyers drove the stock to $13.85.
Actively observing the price movement in the last trading, the stock closed the session at $13.33, falling within a range of $12.98 and $13.9371. The value of beta (5-year monthly) was 1.023. Referring to stock’s 52-week performance, its high was $19.16, and the low was $11.70. On the whole, SIBN has fluctuated by -9.48% over the past month.
With the market capitalization of SI-BONE Inc currently standing at about $587.98 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-23.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 194.26M, with a low estimate of 44.5M and a high estimate of 45.82M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 45.13M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SIBN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell 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 50% Sell.
The stock’s technical analysis shows that the price of SIBN currently trading nearly 0.22% and -10.58% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.88, while the 7-day volatility ratio is showing 6.14% which for the 30-day chart, stands at 5.75%. Furthermore, SI-BONE Inc (SIBN)’s beta value is 0.82, and its average true range (ATR) is 0.84.
A comparison of SI-BONE Inc (SIBN) with its peers suggests the former has fared considerably weaker in the market. SIBN showed an intraday change of 3.90% in last session, and over the past year, it shrunk by -9.71%%.
Data on historical trading for SI-BONE Inc (NASDAQ:SIBN) indicates that the trading volumes over the past 10 days have averaged 0.41 and over the past 3 months, they’ve averaged 387.22K. According to company’s latest data on outstanding shares, there are 42.09 million shares outstanding.
Nearly 13.50% of SI-BONE Inc’s shares belong to company insiders and institutional investors own 88.84% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.55 million shares as on 2025-03-31, resulting in a short ratio of 4.09. According to the data, the short interest in SI-BONE Inc (SIBN) stood at 415.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.26 million. The stock has fallen by -1.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SIBN stock heading into the next quarter.
