Icad Inc (NASDAQ:ICAD) does about 219.81K shares in volume on a normal day but saw 631204 shares change hands in the recent trading day. The company now has a market cap of 44.87M USD. Its current market price is $1.73, marking a decrease of -2.26% compared to the previous close of $1.77. The 52 week high reached by this stock is $2.65 whilst the lowest price level in 52 weeks is $1.18.
Icad Inc (ICAD) has a 20-day trading average at $1.8010 and the current price is -34.71% off the 52-week high compared with 46.61% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.7268 and its 200-day simple moving average is $1.5677. If we look at the stock’s price movements over the week, volatility stands at 12.16%, which decreases to 9.84% 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 49.15 to suggest the stock is neutral.
The consensus objective for the share price is $4.38, suggesting that the stock has a potential upside of 60.5% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 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.
BTIG Research initiated its price target at $25.
The current price level is -4.00%, 0.16%, and 10.34% away from its SMA20, SMA50, and SMA200 respectively, with the ICAD price moving above the 50-day SMA on current market day. Icad Inc (ICAD) stock is up 12.34% over the week and -6.49% over the past month. Its price is -2.26% year-to-date and 11.61% over the past year.
To reach the target analysts have set, the stock logically needs to grow 60.5 percent from here.
The company has a return on investment of -11.50% and return on equity of -17.56%. The beta has a value of 1.44. Price to book ratio is 1.55 and price to sales ratio is 2.37.
