Stereotaxis, Inc. (NYSE:STXS) has its shares plummet by -12.2% or $0.71 from its all-time high of $5.82, with STXS attaining that price back on December 19, 2019. The drop in the price of the shares saw it stand at $5.11 per share. STXS has been trading at a low of $1.01 over the past one year but it surged by 405.94% or $4.1 to reach the $5.11 mark. Following the massive rise in stock price, STXS received more attention from investors and analysts. On Sunday, the stock dipped by -3.04%, which caused investors and analysts to worry about it. Following the plunge in price, the STXS beta stands at 1.62, implying that its volatility level has gone up by -0.62 ahead of the general market. A look at the stock’s 200-day moving average shows that it is 74.96% above while its 50-day moving average shows that it is currently 31.15% above. Compared to 5.97% average daily volatility of past month, the stock’s average volatility for this week has increased by 4.78 as the volatility level currently stands at 10.75%.
Over the past seven days, the stock has witnessed a price surge by 10.61%. This massive rise in stock price has caught the attention of both investors and market traders. The stock has performed excellently over the past 52 weeks, rising by 315.79% during that time frame and is now up by 372.71% since this point this year. STXS has surged by 37.74% over the past 30 days, with its equity price gaining% of its value over the past ninety days. These figures add up to see the stock record a growth of 85.82% over the past six months.
The stock’s technical analysis reveals that its 14-day Relative Strength Index (RSI) is currently in a overbought position as it was able to attain 71.79 points. The trading volume now standing at 1715720 shares. The increase of 1537010 shares in trading volume shows that traders and investors have shown more interest in the stock over the past few weeks. During that trading session, the average trading volume of STXS was 178710 shares, which is more than 9.6 times higher than its usual trading volume.
The stock is currently overbought as its Stochastic Oscillator (%D) is at 97.35%, which implies that a dip in price could be experienced soon. Its shares P/S ratio is above the 0.38 industry average and above the 0.38 by the wider market, as VFC’s P/S ratio currently stands at 3.04. The stock’s estimated price-earnings (P/E) multiple is 25.09 which is also below the 12-month price-earnings (P/E) which stands at 28.63. V.F. Corporation has experienced a rise in its earnings, recording an increase rate of 1.4% in each quarter over the past five years.
The stock has an average rating of 2 which means that it has been rated as a Buy by most analysts. The stock is being covered by 13 analysts who gave a consensus recommendation of 2 which implies that it is currently in a bull/bear situation. Reuters looked into analysts covering V.F. Corporation, and 3 of them believe that the stock is a Hold at the moment. 10 of the analysts rated it as a Buy or a Strong Buy while the remaining analysts (0) rated it as a sell at the moment.