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Tuesday, March 21, 2023

The Street Is Finally Waking Up To Hyperfine Inc. (NASDAQ: HYPR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Hyperfine Inc. (HYPR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.67%, to $1.48. The Hyperfine Inc. has recorded 6,798 volume in the after hours trading session.

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Stocks Info

Hyperfine Inc. is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Medical Devices industry. At the end of the last regular session, the stock closed at $1.49 and fluctuated between $1.6000 as its day high and $1.3730 as its day low. The current market capitalization of Hyperfine Inc. is $110.33M. A total of 0.75 million shares were traded on the day, compared to an average of 1.41M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, HYPR has seen 5 BUY and 1 SELL insider trades, representing the acquisition of 35,000 and the disposition of 5,534,000 shares. Over the last 12 months, there were 22 BUYs and 9 SELLs from insiders. Insiders purchased 2,039,939 shares during that period but sold 5,566,346.

In the most recent transaction, Gupta Alok sold 5,613 shares of HYPR for 1.39 per share on Feb 16. After the transaction, the Chief Financial Officer now owns 110,456 company shares. In a previous transaction on Feb 16, Siddiqui Khan sold 4,635 shares at 1.39 per share. HYPR shares that CMO and Chief Strategy Officer owns now total 80,445.

Among the insiders who bought shares, Sainz Maria acquired of 5,000 shares on Dec 14 at a per-share price of $0.95. This resulted in the President and CEO holding 39,425 shares of HYPR after the transaction. In another insider transaction, ROTHBERG JONATHAN M bought 229,215 shares at $0.82 per share on Nov 30. Company shares held by the Director now total 885,707.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for HYPR in the last 3 months, the mean price target is $2.63 with high estimates of $3.50 and low estimates of $2.00. In terms of 52-week highs and lows, HYPR has a high of $4.10 and a low of $0.68.

As of this writing, HYPR has an earnings estimate of -$0.22 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.2 per share and a lower estimate of -$0.25. The company reported an EPS of -$0.33 in the last quarter, which was -22.20% lower than expectations of -$0.27.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 3 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HYPR is Buy with a score of 4.33. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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