Myomo Inc (AMEX:MYO) price on Thursday, July 03, fall -2.40% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.03.
A look at the stock’s price movement, the close in the last trading session was $2.08, moving within a range at $2.03 and $2.15. The beta value (5-Year monthly) was 1.487. Turning to its 52-week performance, $7.17 and $2.02 were the 52-week high and 52-week low respectively. Overall, MYO moved -29.51% over the past month.
Myomo Inc’s market cap currently stands at around $73.04 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-07.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MYO 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.
6 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, 5 recommend MYO as a Buy and 1 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.
MYO’s current price about -20.06% and -37.97% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 19.26, while 7-day volatility ratio is 7.41% and 6.27% in the 30-day chart. Further, Myomo Inc (MYO) has a beta value of 1.41. Analysts have given the company’s stock an average 52-week price target of $8, forecast between a low of $8 and high of $8. Looking at the price targets, the low is -294.09% off current price level while to achieve the yearly target high, price needs to move -294.09%. Nonetheless, investors will most likely welcome a -294.09% jump to $8 which is the analysts’ median price.
If we refocus on Myomo Inc (AMEX:MYO), historical trading data shows that trading volumes averaged 1.09 over the past 10 days and 609.28K over the past 3 months. The company’s latest data on shares outstanding shows there are 34.44 million shares.
The 8.24% of Myomo Inc’s shares are in the hands of company insiders while institutional holders own 52.65% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.04 million on 2025-06-13, giving us a short ratio of 1.96. The data shows that as of 2025-06-13 short interest in Myomo Inc (MYO) stood at 301.99999 of shares outstanding, with shares short falling to 1.11 million registered in 2025-05-15. Current price change has pushed the stock -34.09% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MYO stock continues to rise going into the next quarter.
