Eargo stock has undergone multiple analysts rating changes in the recent past. Eargo Upgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Sell.
Shares of Eargo traded up $0.78 on Wednesday, reaching $7.29. 3953728 shares of the stock traded hands, compared to its average volume of 3740822. Shares of Eargo were trading at $7.29 on Wednesday. The firm’s 50 day moving average is $19.10 and its 200 day moving average is $40.17.Eargo has a 12 month low of $6.55 and a 12 month high of $76.75. While on yearly highs and lows, Eargo’s today has traded high as $7.48 and has touched $6.55 on the downward trend. See More Analyst Rating at: RATING
Eargo Earnings and What to expect:
Eargo last posted its earnings data on August 12th, 2021. The reported ($0.36) EPS for the quarter, missing the consensus estimate of ($0.25) by $0.11. The company earned $22.88 million during the quarter, compared to analysts’ expectations of $22.14 million. Eargo has generated ($3.80) earnings per share over the last year (($1.25) diluted earnings per share). Earnings for Eargo are expected to grow in the coming year, from ($1.58) to ($1.09) per share. Eargo has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 18th, 2021 based off prior year’s report dates.
Earnings for Eargo are expected to grow in the coming year, from ($1.58) to ($1.09) per share. The P/E ratio of Eargo is -5.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Eargo is -5.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Eargo has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Eargo (EAR) Moving Average Technical Analysis
5 day Moving Average is $6.71 And 5 day price change is $0.64 (9.62%) with average volume for 5 day average is 1,735,840. While technical analysis for average 20 days shows significant difference, 20 day moving average is $10.47 and 20 day price change is -$13.96 (-65.69%) and average 20 day moving volume is 5,376,270. 50 day moving average is $19.10 and 50 day price change is -$28.49 ( -79.63%) and with average volume for 50 days is : 2,555,044. 200 day moving average is $40.17 and 200 day price change is -$44.03 (-85.80%) and with average volume for 200 days is : 954,789.
Other owners latest trading in Eargo :
- On 9/22/2021 shares held by Nan Fung Group Holdings Ltd were 2,886,724 which equates to market value of $115.21M and appx 35.80% owners of Eargo
- On 9/10/2021 shares held by Jasper Ridge Partners L.P. were 7,880 which equates to market value of $0.31M and appx 0.00% owners of Eargo
- On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 5,357 which equates to market value of $0.21M and appx 0.00% owners of Eargo
- In total Institutional ownership equates to Institutional Ownership Percentage: 69.69% for Eargo
See More Analyst Rating at: RATING