Cardiovascular Systems Inc. (NASDAQ:CSII) went down by -2.07% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Medical Devices giant went up by $30.35 to trade ended Tuesday trading at $30.99. This is down from the $30.99 price recorded on Monday’s trading session. Thanks to this latest performance, CSII is closer to the higher price 52-week target of $50.00 and further from the lowest price target of $38.00. Its performance from the start of the year has also been negative, with CSII down by -37.54% year-to-date.
Cardiovascular Systems Inc. (CSII) started the day trading at $30.65 and recorded an intraday high of $31.2375. It also recorded an intraday low of $30.07 during Tuesday’s trading session. Cardiovascular Systems Inc. is a very active stock that recorded a trading volume that is more than 26.0% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 449132, which is more than 26.0 of the total average daily trading volume of 332.37K.
Cardiovascular Systems Inc. (NASDAQ:CSII) 2020 Performance Impressive
The increase in CSII’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of CSII currently stands at $55.22, which is higher than the current trading price of the stock by 45.04%. However, CSII’s current trading price is -16.73% lower than the 52-week low price of $26.00. In terms of trading volume, Cardiovascular Systems Inc. currently experienced healthy participation during the last trading session. 449132 shares of Cardiovascular Systems Inc. were traded on the stock exchange on Tuesday, which is more than 26.0% of the 332.37K average trading volume of the stock.
The performance of the stock has been positive over the past year. CSII’s performance over the past one year has seen it plunge by -28.44%, while the stock has gone down by -37.82% in the last six months. The quarterly performance of CSII currently stands at -17.82%, and it is down by -26.87% in the last month. The only negative figure was from the weekly performance, which currently reads -2.07%. At the time of writing CSII’s report, the company has a total market cap of $1.16B, making it one of the largest publicly-traded companies in the world.Cardiovascular Systems Inc. also has over 731 employees all over the world.
CSII Insider Activities
For Cardiovascular Systems Inc., insiders hold 87.90% of all company shares. The insider transactions over the past six months are down by 0.00%. During that period, insiders bought 0 shares in 0 transactions. In that same period, insiders sold 19,201 of their shares in 6 transactions. After these transactions, insiders at Cardiovascular Systems Inc. now hold 1.16M shares, which is over 95.36% of the total company stocks. Institutional investors currently hold a large chunk of the CSII shares, as they control 3.28% of the company’s total stock.
CSII Fundamental Analysis
For Cardiovascular Systems Inc., the stock’s diluted earnings per share (EPS) stands at -0.31. In the coming year, analysts expect the EPS to be -0.28. The stock’s EPS growth this year is -114.90%, 63.90% in the previous five years. In terms of revenue, Cardiovascular Systems Inc.’s quarterly sales (YOY) is shrinking at -0.44, which is lower than the average annual revenue of 63.90% over the past half a decade.
The Return on Investment (ROI) on Cardiovascular Systems Inc.’s stock currently stands at -0.60%, and it has a net profit margin of -4.00%. The operating margin of the company is -4.10%, and its gross margin is 80.10%.
CSII Analysts Prediction
BofA/Merrill reiterate their Underperform position on the stock ($51 and $42)
Stifel and Needham also believe that Cardiovascular Systems Inc.’s stock is outperforming at the moment.
At the moment, Cardiovascular Systems Inc.’s Total Debt to Equity ratio stands at 0.15, and they have a long-term Debt to Equity ratio of 0.15.
CSII Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of CSII currently stands at -8.87%, while the SMA50 is -16.85%. The biggest one is the SMA200, which is currently reading -27.44% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 36.15.
