HeartBeam Inc (NASDAQ:BEAT) price on Thursday, July 03, rose 0.78% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.3.
A look at the stock’s price movement, the close in the last trading session was $1.29, moving within a range at $1.25 and $1.33. The beta value (5-Year monthly) was -0.595. Turning to its 52-week performance, $3.48 and $1.17 were the 52-week high and 52-week low respectively. Overall, BEAT moved -27.78% over the past month.
HeartBeam Inc’s market cap currently stands at around $43.95 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BEAT is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend BEAT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BEAT’s current price about -12.27% and -20.10% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.38, while 7-day volatility ratio is 8.61% and 7.91% in the 30-day chart. Further, HeartBeam Inc (BEAT) has a beta value of -0.71. Analysts have given the company’s stock an average 52-week price target of $10, forecast between a low of $10 and high of $10. Looking at the price targets, the low is -669.23% off current price level while to achieve the yearly target high, price needs to move -669.23%. Nonetheless, investors will most likely welcome a -669.23% jump to $10 which is the analysts’ median price.
If we refocus on HeartBeam Inc (NASDAQ:BEAT), historical trading data shows that trading volumes averaged 0.16 over the past 10 days and 104.28K over the past 3 months. The company’s latest data on shares outstanding shows there are 33.73 million shares.
The 26.60% of HeartBeam Inc’s shares are in the hands of company insiders while institutional holders own 8.99% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.13 million on 2025-06-13, giving us a short ratio of 1.27. The data shows that as of 2025-06-13 short interest in HeartBeam Inc (BEAT) stood at 44.0 of shares outstanding, with shares short rising to 0.11 million registered in 2025-05-15. Current price change has pushed the stock -47.58% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BEAT stock continues to rise going into the next quarter.
