Inmode Ltd (NASDAQ:INMD) shares, rose in value, with the stock price up by 0.07% to the previous day’s close as strong demand from buyers drove the stock to $14.92.
Actively observing the price movement in the last trading, the stock closed the session at $14.91, falling within a range of $14.71 and $15.07. The value of beta (5-year monthly) was 1.965 whereas the PE ratio was 6.38 over 12-month period. Referring to stock’s 52-week performance, its high was $19.85, and the low was $13.68. On the whole, INMD has fluctuated by -20.00% over the past month.
With the market capitalization of Inmode Ltd currently standing at about $1.04 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-03.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 391.73M, with a low estimate of 75.8M and a high estimate of 80.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 77.57M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that INMD’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 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.71, with the price of INMD currently trading nearly -9.77% and -16.55% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.82, while the 7-day volatility ratio is showing 5.22% which for the 30-day chart, stands at 5.98%. Furthermore, Inmode Ltd (INMD)’s beta value is 2.01, and its average true range (ATR) is 0.94.
A comparison of Inmode Ltd (INMD) with its peers suggests the former has fared considerably weaker in the market. INMD showed an intraday change of 0.07% in last session, and over the past year, it shrunk by -15.32%%.
Data on historical trading for Inmode Ltd (NASDAQ:INMD) indicates that the trading volumes over the past 10 days have averaged 2.1 and over the past 3 months, they’ve averaged 1.29 million. According to company’s latest data on outstanding shares, there are 69.56 million shares outstanding.
Nearly 16.22% of Inmode Ltd’s shares belong to company insiders and institutional investors own 61.99% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.14 million shares as on 2025-03-31, resulting in a short ratio of 5.39. According to the data, the short interest in Inmode Ltd (INMD) stood at 1168.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 6.27 million. The stock has fallen by -10.66% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the INMD stock heading into the next quarter.
