Atricure Inc (NASDAQ:ATRC) shares, rose in value, with the stock price down by -0.22% to the previous day’s close as strong demand from buyers drove the stock to $32.01.
Actively observing the price movement in the last trading, the stock closed the session at $32.08, falling within a range of $31.17 and $33.5. The value of beta (5-year monthly) was 1.651. Referring to stock’s 52-week performance, its high was $43.11, and the low was $18.94. On the whole, ATRC has fluctuated by -8.07% over the past month.
With the market capitalization of Atricure Inc currently standing at about $1.58 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 522.85M, with a low estimate of 121.14M and a high estimate of 124.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 122.92M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ATRC’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 50% Buy 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 ATRC currently trading nearly -2.31% and -10.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.87, while the 7-day volatility ratio is showing 4.63% which for the 30-day chart, stands at 6.57%. Furthermore, Atricure Inc (ATRC)’s beta value is 1.51, and its average true range (ATR) is 2.04.
A comparison of Atricure Inc (ATRC) with its peers suggests the former has fared considerably weaker in the market. ATRC showed an intraday change of -0.22% in last session, and over the past year, it grew by 38.57%%.
Data on historical trading for Atricure Inc (NASDAQ:ATRC) indicates that the trading volumes over the past 10 days have averaged 0.45 and over the past 3 months, they’ve averaged 574.88K. According to company’s latest data on outstanding shares, there are 48.87 million shares outstanding.
Nearly 3.58% of Atricure Inc’s shares belong to company insiders and institutional investors own 94.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.34 million shares as on 2025-03-31, resulting in a short ratio of 2.09. According to the data, the short interest in Atricure Inc (ATRC) stood at 281.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.42 million. The stock has risen by 4.74% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ATRC stock heading into the next quarter.
