Cutera Inc (NASDAQ:CUTR) currently has a daily average trading volume of 6.87M but it saw 18755721 shares traded in last market. With a market cap of 1.96M USD, the company’s current market price of $0.10 came falling about -10.19 while comparing to the previous closing price of $0.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.00 and as low as $0.09. In the recent trading on the day, stock has struck highest price mark of $0.085 while lowest mark touched by it was $0.1053.
Taking a look at 20-day trading activity of Cutera Inc (CUTR) gives us an average price of $0.3227, while its current price level is -96.77% below from 52-week high level whereas it is 13.87% 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 $0.3934 while that of 200 days or SMA-200 reads an average of $0.8137. A closer look into the stock’s movement over the week reveals that its volatility is standing at 65.91% during that period while stretching the period over a month that decreases to 28.77%. 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 24.43 which implies that the stock is in oversold territory.
Piper Sandler upgraded its recommendation for the stock as a “Neutral” from “Underweight” on July 27, 2023 while assigning a price target range of $14-$18.
Over the week, CUTR’s stock price is moving -16.10% down while it is -77.29% when we observe its performance for the past one month. Year-to-date it is -72.54% down and over the past year, the stock is showing a downside performance of -95.11%.
The company is expected to be releasing its next quarterly report on 2025-Mar-18, for which analysts forecasted an EPS of -0.89 while estimate for next year EPS is -4.96. In next quarter, company is expected to be making quarterly sales of $31.7M as analysts are expecting the sales for current fiscal year at $141M and seeing the company making $142.1M in sales next year. Moreover, analysts are in estimates of $35.4M for current-quarter revenue.
Currently, Cutera Inc’s total number of outstanding shares is 20.18M with 1.95% of that held by the insiders while 27.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -74.62%. Stock’s beta reads 1.43. Stock has a price to sale or P/S ratio amounts to 0.01. Its return on asset (ROA) is -41.09% on average.
