Hyperfine, Inc. (NASDAQ:HYPR - Get Free Report) shares were up 12.7% during mid-day trading on Monday . The stock traded as high as $1.27 and last traded at $1.24. Approximately 420,808 shares were traded during mid-day trading, an increase of 204% from the average daily volume of 138,523 shares. The stock had previously closed at $1.10.
Hyperfine Stock Performance
The company has a market cap of $118.18 million, a PE ratio of -2.84 and a beta of 0.92. The stock's 50-day simple moving average is $1.00 and its 200 day simple moving average is $1.01.
Hyperfine (NASDAQ:HYPR - Get Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.14) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.14). Hyperfine had a negative net margin of 309.42% and a negative return on equity of 57.54%. The firm had revenue of $3.64 million during the quarter, compared to analysts' expectations of $3.40 million. During the same period in the prior year, the company posted ($0.15) earnings per share. On average, sell-side analysts predict that Hyperfine, Inc. will post -0.57 EPS for the current fiscal year.
Institutional Trading of Hyperfine
An institutional investor recently bought a new position in Hyperfine stock. Graypoint LLC bought a new position in shares of Hyperfine, Inc. (NASDAQ:HYPR - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 50,000 shares of the company's stock, valued at approximately $44,000. Graypoint LLC owned approximately 0.07% of Hyperfine as of its most recent filing with the SEC. 15.03% of the stock is currently owned by institutional investors.
About Hyperfine
(
Get Free Report)
Hyperfine, Inc, a medical device company, provides magnetic resonance imaging (MRI) products in the United States. The company offers Swoop Portable MR imaging system, which offers portable brain neuroimaging; and support and technical assistance services. It serves ICU, comprehensive, and primary stroke accredited facilities through direct sales and distributors.
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