Masimo Corp (NASDAQ:MASI) shares, rose in value, with the stock price up by 0.31% to the previous day’s close as strong demand from buyers drove the stock to $152.15.
Actively observing the price movement in the last trading, the stock closed the session at $151.68, falling within a range of $150.76 and $153.71. The value of beta (5-year monthly) was 1.278. Referring to stock’s 52-week performance, its high was $194.88, and the low was $101.61. On the whole, MASI has fluctuated by -11.92% over the past month.
With the market capitalization of Masimo Corp currently standing at about $8.22 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.52B, with a low estimate of 365M and a high estimate of 370M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 367.79M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MASI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of MASI currently trading nearly -4.28% and -10.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.26, while the 7-day volatility ratio is showing 3.75% which for the 30-day chart, stands at 5.95%. Furthermore, Masimo Corp (MASI)’s beta value is 1.23, and its average true range (ATR) is 9.52.
A comparison of Masimo Corp (MASI) with its peers suggests the former has fared considerably weaker in the market. MASI showed an intraday change of 0.31% in last session, and over the past year, it grew by 10.11%%.
Data on historical trading for Masimo Corp (NASDAQ:MASI) indicates that the trading volumes over the past 10 days have averaged 0.82 and over the past 3 months, they’ve averaged 592.57K. According to company’s latest data on outstanding shares, there are 53.60 million shares outstanding.
Nearly 7.99% of Masimo Corp’s shares belong to company insiders and institutional investors own 95.57% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.9 million shares as on 2025-03-31, resulting in a short ratio of 4.99. According to the data, the short interest in Masimo Corp (MASI) stood at 781.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.37 million. The stock has fallen by -7.96% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MASI stock heading into the next quarter.
