Vicarious Surgical Inc (NYSE:RBOT) shares, rose in value, with the stock price up by 8.73% to the previous day’s close as strong demand from buyers drove the stock to $0.27.
Actively observing the price movement in the last trading, the stock closed the session at $0.25. Referring to stock’s 52-week performance, its high was $2.45, and the low was $0.20. On the whole, RBOT has fluctuated by -20.30% over the past month.
As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.09, which is expected to increase to -$0.08 for fiscal year -$0.38 and then to about -$0.4 by fiscal year 2025. Data indicates that the EPS growth is expected to be 22.40% in 2025, while the next year’s EPS growth is forecast to be -5.30%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that RBOT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of RBOT currently trading nearly -16.66% and -25.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.74, while the 7-day volatility ratio is showing 19.72% which for the 30-day chart, stands at 13.41%. Furthermore, Vicarious Surgical Inc (RBOT)’s beta value is 1.21, and its average true range (ATR) is 0.05.
A comparison of Vicarious Surgical Inc (RBOT) with its peers suggests the former has fared considerably weaker in the market. RBOT showed an intraday change of 8.73% in last session, and over the past year, it shrunk by -88.14%%.
Data on historical trading for Vicarious Surgical Inc (NYSE:RBOT) indicates that the trading volumes over the past 10 days have averaged 0.64 million and over the past 3 months, they’ve averaged 682.76K. According to company’s latest data on outstanding shares, there are 155.89 million shares outstanding.
Nearly 59.71% of Vicarious Surgical Inc’s shares belong to company insiders and institutional investors own 19.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.77 million shares as on Mar 15, 2024, resulting in a short ratio of 6.93. According to the data, the short interest in Vicarious Surgical Inc (RBOT) stood at 3.28% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 4.63 million. The stock has fallen by -25.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RBOT stock heading into the next quarter.
