Shares of Semler Scientific, Inc. (NASDAQ:SMLR - Get Free Report) were down 5.6% during mid-day trading on Friday . The stock traded as low as $67.33 and last traded at $67.82. Approximately 586,094 shares were traded during mid-day trading, an increase of 108% from the average daily volume of 281,545 shares. The stock had previously closed at $71.84.
Semler Scientific Stock Down 6.5 %
The stock has a 50-day moving average of $43.82 and a 200 day moving average of $34.79. The company has a market capitalization of $556.77 million, a PE ratio of 32.77 and a beta of 1.18.
Semler Scientific (NASDAQ:SMLR - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.35. The firm had revenue of $13.51 million during the quarter. Semler Scientific had a return on equity of 20.31% and a net margin of 27.00%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SMLR. Sanctuary Advisors LLC purchased a new stake in shares of Semler Scientific during the 3rd quarter worth approximately $104,000. Geode Capital Management LLC grew its holdings in Semler Scientific by 10.5% during the third quarter. Geode Capital Management LLC now owns 135,959 shares of the company's stock valued at $3,202,000 after purchasing an additional 12,964 shares during the period. Jane Street Group LLC increased its position in Semler Scientific by 72.3% in the third quarter. Jane Street Group LLC now owns 16,982 shares of the company's stock worth $400,000 after buying an additional 7,126 shares during the last quarter. State Street Corp raised its stake in shares of Semler Scientific by 0.6% in the third quarter. State Street Corp now owns 118,223 shares of the company's stock valued at $2,784,000 after buying an additional 725 shares during the period. Finally, Verition Fund Management LLC purchased a new position in shares of Semler Scientific during the 3rd quarter valued at $251,000. 49.37% of the stock is currently owned by hedge funds and other institutional investors.
About Semler Scientific
(
Get Free Report)
Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company's products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient's vascular condition.
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