Fluidigm Corporation (FLDM): Analysis on simple moving average


Fluidigm Corporation (NASDAQ:FLDM) changes shares on Monday trading session, with a change of 7.28% or $0.27 shares. The trading starts at $4.01 and closed at $3.71 throughout the day. The trading session low price was $3.895 and day high was $4.26 on Monday, June 15. After the session, the Healthcare sector daily volume shifted to 3.59 million while its average volume is 1.89M. In other hand, the FLDM market cap reached to $263.99M. While, its current target price is $3.98 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 10.86% and down -24.76% for month. Its quarterly performance was 66.53% above, while its half year performance is up 30.92%. FLDM yearly performance stood at negative -67.51% and rise 14.37% for year-to-date. Current recommendation for Fluidigm Corporation is 2.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. FLDM EPS (TTM) for 12-month is -0.79. EPS for this year is 34.80%, while for the next year its value is -0.62. Its EPS Q/Q reached 48.00%. It has an EPS of 12.60% up for past five years and for the next five years will be down -8.06%.

Let’s take a look on the analyst recommendations on FLDM for the current month and previous month. For the current month, 3 of 3 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 4 analysts participate in stock recommendation. Out of 4, 0 rated it sell, 3 rated it as Buy and 1 as Hold Ratings. On the other hand, target price ranges from $6.00-$12.00. Average target price for FLDM was reached at $9.00.

Russell Investments Group, Ltd., Primecap Management Company and Neuberger Berman Group, LLC are the top three holders in Fluidigm Corporation (FLDM) stock. On Mar 30, 2020, Russell Investments Group, Ltd. has 7.27 million shares which valued 18.47 million. On Mar 30, 2020, Primecap Management Company owned 6.18 million shares which valued at 15.69 million. On Mar 30, 2020, Neuberger Berman Group, LLC has a total of 5.81 million shares which valued at 14.76 million. In the end, Neuberger Berman Group, LLC have 8.22% shares outstanding of Fluidigm Corporation (FLDM) on Mar 30, 2020. The insider ownership moved to 0.80% and institutional holding shifted to 91.80%.

The company posted an EPS (TTM) of -0.79. According to the most recent quarter report on (Jun 2020), 4 analysts estimated an average EPS of -0.22, while -0.2 EPS posted a year ago period. Analyst Estimated EPS for FLDM published in the report was -0.26–0.19 during the same period. Comparing with last year, the average estimated EPS was -0.2 which is higher than -0.23 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for FLDM rise 9.77% for period of 200 days. SMA for 50 days was 16.32% which is showing green signal, while SMA-20 was -6.87%. The moving average value for Fluidigm Corporation (FLDM) is 3.2900 and 4.0583 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in FLDM stock. On Mar 11, COLELLA SAMUEL D, Director, bought 10,000 trading shares at the cost of $2.65, which valued at 26545.0. On Mar 10, COLELLA SAMUEL D, Director, bought 10,000 shares at the cost of $2.77, with total shares of 151,109. On Mar 06, BARTHELEMY NICOLAS, Director, bought 80,000 shares at the cost of 3.05. After this transaction, BARTHELEMY NICOLAS total shares reached to 149,373 which valued at 0.24 million.