Airgain Inc. (NASDAQ:AIRG) changes shares on Tuesday trading session, with a change of 3.75% or $0.37 shares. The trading starts at $10.27 and closed at $9.86 throughout the day. The trading session low price was $9.73 and day high was $10.47 on Tuesday, June 16. After the session, the Technology sector daily volume shifted to 0.13 million while its average volume is 70.32K. In other hand, the AIRG market cap reached to $99.74M. While, its current target price is $10.23 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 down -9.55% and up 25.68% for month. Its quarterly performance was 26.14% above, while its half year performance is up 0.69%. AIRG yearly performance stood at negative -26.22% and fall -4.30% for year-to-date. Current recommendation for Airgain Inc. is 2.50.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AIRG EPS (TTM) for 12-month is -0.07. EPS for this year is 133.80%, while for the next year its value is 0.23. Its EPS Q/Q reached -472.90%. It has an EPS of -10.50% down for past five years and for the next five years will be up 18.00%.
Let’s take a look on the analyst recommendations on AIRG for the current month and previous month. For the current month, 2 of 4 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $9.00-$23.00. Average target price for AIRG was reached at $14.33.
EGAN FRANCIS X, SIMS JAMES K and MYERS CHARLES A. are the top three holders in Airgain Inc. (AIRG) stock. The insider ownership moved to 5.90% and institutional holding shifted to 50.40%.
The company posted an EPS (TTM) of -0.07. According to the most recent quarter report on (Jun 2020), 4 analysts estimated an average EPS of -0.08, while 0.12 EPS posted a year ago period. Analyst Estimated EPS for AIRG published in the report was -0.09–0.08 during the same period. Comparing with last year, the average estimated EPS was 0.12 which is higher than -0.05 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 AIRG rise 7.90% for period of 200 days. SMA for 50 days was 24.13% which is showing green signal, while SMA-20 was 10.76%. The moving average value for Airgain Inc. (AIRG) is 8.74 and 8.82 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AIRG stock. On May 19, Lyle David, Chief Financial Officer, bought 6,790 trading shares at the cost of $8.36, which valued at 56758.0. On May 18, Lyle David, Chief Financial Officer, bought 5,210 shares at the cost of $8.30, with total shares of 40,210. On Feb 28, SIMS JAMES K, Director, bought 5,000 shares at the cost of 7.89. After this transaction, SIMS JAMES K total shares reached to 295,227 which valued at 39433.0.