Airsculpt Technologies Inc (NASDAQ: AIRS) Emerges As Guiding Light For Investors

Airsculpt Technologies Inc (NASDAQ:AIRS) currently has a daily average trading volume of 218.80K but it saw 145255 shares traded in last market. With a market cap of 349.03M USD, the company’s current market price of $6.03 came falling about -0.33 while comparing to the previous closing price of $6.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.20 and as low as $2.92. In the recent trading on the day, stock has struck highest price mark of $5.79 while lowest mark touched by it was $6.27.

Taking a look at 20-day trading activity of Airsculpt Technologies Inc (AIRS) gives us an average price of $5.76, while its current price level is -34.46% below from 52-week high level whereas it is 106.51% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.40 while that of 200 days or SMA-200 reads an average of $5.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.80% during that period while stretching the period over a month that increases to 8.63%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.27 which implies that the stock is in neutral territory.

Leerink Partners downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on May 14, 2024 while assigning a price target range of $8.25-$5. Piper Sandler issued its recommendations for the stock as it downgraded the price target for the stock is $4.

Over the week, AIRS’s stock price is moving 16.18% up while it is -6.94% when we observe its performance for the past one month. Year-to-date it is 16.18% up and over the past year, the stock is showing a downside performance of -24.62%.

Currently, Airsculpt Technologies Inc’s total number of outstanding shares is 57.81M. Company’s return on investment (ROI) stands at -4.45% and return on equity (ROE) at -9.35%. It has a 30.92 of forward P/E ratio. Stock’s beta reads 1.72. Stock has a price to book (P/B) ratio of 4.22 while price to sale or P/S ratio amounts to 1.85. Its return on asset (ROA) is -3.78% on average.