Scorching Stock in Action: Amedica Corporation (
Post# of 22757
Scorching Stock in Action: Amedica Corporation (NASDAQ:AMDA)
By Lauren Corfield -
January 20, 2017
Amedica Corporation (NASDAQ:AMDA) traded with the volume of 4.23 Million in the previous trading session. The Stock opened its session at $0 and closed at $0.44 by showing decrease of -30.88 percent. Amedica Corporation has 1 year price target of $3.25. The stock gained a consensus recommendation of 1 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company reported its last quarter on Sep 16.
On Sep 16 Amedica Corporation (NASDAQ:AMDA) reported its EPS in the last quarter as $-0.3/Share lagging the analyst estimate of $-0.15/Share by the difference of $-0.15. This showed the surprise of -100% in the last quarter earnings. For the Current Quarter, 2 analysts are projecting the mean EPS to be $-0.08/share. According to their observations and findings, the stock could provide a high EPS of $-0.04/share and a Low EPS of $-0.11/share.
The 2 analysts offering 12-month price forecasts for Amedica Corp have a median target of 3.25, with a high estimate of 5.00 and a low estimate of 1.50. The median estimate represents a +642.86% increase from the last price of 0.44. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Amedica Corporation where they believe that the company has the potential to earn average revenue of $3.79 Million for the current quarter. According to their predictions High & Low revenue estimates are 4.08 Million and 3.5 Million respectively.
Amedica Corporation (NASDAQ:AMDA) topped its 52-week high price of $3.62 on Jan 29, 2016 and 52-Week Low Price of $0.42 on Jan 19, 2017. The Stock currently has the market capitalization of $11.41 Million, P/E (price to earnings ttm) of 0 and Weekly volatility of 7.11% and monthly volatility of 7.00% respectively.
Amedica Corporation Gross Margin percentage stands at 73.6% while its Operating Margin for trailing twelve month is -69.6 percent and Profit margin (ttm) is 0 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -36.91% with the 50-Day Simple Moving Average of -36.91 percent. Currently, the company has SMA200 (200-day simple moving average) of -56.39 Percent. The Stock has YTD (year to date) performance of -30.59 percent.
Many research firms have provided their ratings on Amedica Corporation (NASDAQ:AMDA) where Maxim Group provided Buy rating on the stock on 10-Nov-16. Other firms include Ladenburg Thalmann giving Buy rating on 5-Jan-16.
The latest Insider trade was made on 8 Dec 2015 where Truetzel (David W) Director did a transaction type “Sell” in which 1100 shares were traded at a price of $0.13. Another insider trade includes Director Truetzel (David W) who also initiated a transaction in which 200 shares were traded on 8 Dec 2015 as “Sell”.
Company Profile:
Amedica Corporation is a commercial biomaterial company. It is focused on using its silicon nitride technology platform to develop, manufacture and sell a broad range of medical devices. The Company market spinal fusion products and are developing products for use in total hip and knee joint replacements. Amedica Corporation is based in Salt Lake City, Utah.
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