The trading price of Nephros Inc (NASDAQ:NEPH) closed higher on Friday, May 23, and closing at $2.92, 11.03% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 38.68. In examining the 52-week price action we see that the stock hit a 52-week high of $2.67 and a 52-week low of $1.36. Over the past month, the stock has gained 48.80% in value.
Nephros Inc, whose market valuation is $30.95 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest NEPH has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned NEPH a recommendation rating is 1. Out of them, 0 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Nephros Inc (NEPH) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that NEPH’s price is currently 38.74% off the SMA20 and 52.33% off the SMA50. The RSI metric on the 14-day chart is currently showing 78.67, and weekly volatility stands at 7.24%. When measured over the past 30 days, the indicator reaches 5.84%. Nephros Inc (NASDAQ:NEPH)’s beta value is currently sitting at 0.92, while the Average True Range indicator is currently displaying 0.18.
To see how Nephros Inc stock has been performing in comparison to its peers in the industry, here are the numbers: NEPH stock’s performance was 11.03% in the latest trading, and 27.51% in the past year. Nephros Inc has a P/E ratio of 38.68.
An evaluation of the daily trading volume of Nephros Inc (NASDAQ:NEPH) indicates that the 3-month average is 12.35K.
Currently, records show that 10.60 million of the company’s shares remain outstanding. The insiders hold 12.87% of outstanding shares, whereas institutions hold 44.00%. However, since the stock’s price has seen 98.64% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
