CHF Solutions Inc. (NASDAQ:CHFS) does about 12.19M shares in volume on a normal day but saw 4621092 shares change hands in Friday trading. The company now has a market cap of 35.80M USD and an enterprise value of about $14.92M. Its current market price is $0.46, marking a decrease of -7.05% compared to the previous close of $0.49. The 52 week high reached by this stock is $2.92 whilst the lowest price level in 52 weeks is $0.30. The script in recent trading has seen the stock touch a high of $0.49 and a low of $0.4509.
CHF Solutions Inc. (CHFS) has a 20-day trading average at $0.6897 and the current price is -84.25% off the 52-week high compared with 53.33% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6057 and its 200-day simple moving average is $0.5679. If we look at the stock’s price movements over the week, volatility stands at 9.94%, which increases to 14.14% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 36.45 to suggest the stock is neutral.
2 analysts observing the CHF Solutions Inc. (CHFS) stock have set the 12-month price targets for the company’s shares at between $1.50 and $1.80. The median price target is 72.12% away from the current levels at $1.65.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 2 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is -34.94%, -23.95%, and -19.29% away from its SMA20, SMA50, and SMA200 respectively, with the CHFS price moving above the 50-day SMA on August 21. CHF Solutions Inc. (CHFS) stock is down -11.54% over the week and -29.45% over the past month. Its price is -46.59% year-to-date and -82.24% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/29/2017, with the company’s earnings per share (EPS) of -$4.55 below consensus estimates by -$0.35. The company’s next earnings report is expected on 11/10/2020, with forecasts estimating quarterly EPS at -$1.26 and -$3.03 for whole year. Expected sales for next quarter are $1.7 million, which analysts say will come at $4 million for the current fiscal year and next year at $10 million. In addition, estimates put the company’s current quarterly revenue at an average of $1.3 million.
Its 12-month price target is $1.65. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $1.50, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $1.80.
Outstanding shares total 45.10M with insiders holding 0.03% of the shares and institutional holders owning 4.77% of the company’s common stock. The company has a return on investment of -905.70% and return on equity of -398.50%. The beta has a value of 1.80. Price to book ratio is 1.84 and price to sales ratio is 5.87.
According to a U.S. Securities and Exchange Commission filing, Vanguard Extended Market Index Fu has reduced its position in CHF Solutions Inc. (CHFS) to 302,881 shares, mirroring a recent drop by 0.00%. Vanguard Extended Market Index Fu dumped 0.0 shares of CHF Solutions Inc. common stock bringing its total worth to about $0.26 million at the end of recent close, SEC documents show. Vanguard Extended Market Index Fu isn’t the only investment manager who changed stakes and is followed by Fidelity Nasdaq Composite Index F, which sold off 0.0 shares to end up with 9,440 shares worth $8015.0.