In the world of investing, potential is the magic word that can turn heads and open wallets. Assure Holdings Corp (IONM), a player in the Medical Care Facilities industry, is drawing attention with its growth narrative that could be a beacon for savvy investors. Traded on the NASDAQ under the healthcare category, Assure Holdings is carving out a niche in intraoperative neuromonitoring (IONM), a critical service that enhances surgical outcomes by providing real-time feedback on patients' neurological status during complex procedures. Despite a history of losses, which is not uncommon for growth-oriented healthcare companies, Assure Holdings is showing signs of a compelling turnaround. With a valuation real value pegged at **$1.24** and a market value slightly lower at **$0.35**, the stock appears undervalued, suggesting room for significant appreciation as the company continues to expand its reach and refine its operations. The Rate Of Daily Change stands at a healthy 1.3, indicating that the stock has been experiencing positive momentum. This is further supported by the Daily Balance Of Power at 0.6667, which hints at strong buying interest that could propel the stock forward. The Accumulation Distribution figure of 338.7K suggests that the stock is being accumulated, a positive sign for potential investors. Analysts are taking note of Assure Holdings' potential, with a single analyst offering a strong buy recommendation and setting both the lowest and highest estimated target price at $4. This consensus target price represents a significant premium over the current Day Median Price of $0.32 and Day Typical Price of $0.33, underscoring the growth trajectory that lies ahead. As the fiscal year end approaches in December, investors are closely watching Assure Holdings Corp, anticipating that the company's strategic initiatives could unlock its latent potential and deliver robust returns. With a strong buy consensus and a target price that far exceeds its current valuation, Assure Holdings Corp stands out as a potentially lucrative opportunity for those looking to invest in the healthcare sector's future. Certainly! Here's a revised version of the text with proper English:
Typically, our analysis centers on examining the price patterns of Assure Holdings Corp (US Stocks: IONM) and their interplay with various microeconomic factors and influences. We leverage predictive analytics to develop daily price indicators for Assure Holdings Corp and juxtapose them with pertinent economic drivers. In today's discussion, we will revisit Assure Holdings. We aim to articulate the reasons behind our sustained confidence in the stock's potential for a rebound.
The successful prediction of Assure Holdings
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Assure Holdings Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Assure Holdings based on Assure Holdings hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Assure Holdings's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Assure Holdings's related companies.
Watch out for price decline
Please consider monitoring Assure Holdings on a daily basis if you are holding a position in it. Assure Holdings is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Assure Holdings stock to be traded above the $1 level to remain listed. If Assure Holdings stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
Use Technical Analysis to project Assure expected Price
Assure Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Assure Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Assure Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Assure Holdings Gross Profit
Assure Holdings Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Assure Holdings previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Assure Holdings Gross Profit growth over the last 10 years. Please check Assure Holdings'
gross profit and other
fundamental indicators for more details.
Breaking it down a bit more
Assure Holdings Corp reported the previous year's revenue of 10.98
M. Net Loss for the year was (30.11
M) with profit before overhead, payroll, taxes, and interest of 14.87
M.
| 2020 | 2021 | 2022 | 2023 (projected) |
Revenues USD | 3.5M | 29.2M | 11.0M | 14.6M | Revenues | 3.5M | 29.2M | 11.0M | 14.6M |
Cost of Revenue Breakdown
Assure Holdings Cost of Revenue yearly trend continues to be very stable with very little volatility. Cost of Revenue is likely to drop to about 13.3
M. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used. At this time, Assure Holdings' Cost of Revenue is very stable as compared to the past year.
| 2010 | 3.55 Million |
| 2019 | 4.96 Million |
| 2020 | 7.91 Million |
| 2021 | 14.32 Million |
| 2022 | 15.19 Million |
| 2023 | 13.31 Million |
In the world of investing, it's often said that fortune favors the bold, and Assure Holdings Corp (NASDAQ: IONM) exemplifies this maxim with its intriguing growth prospects. Despite a challenging financial landscape marked by a Return On Equity of -2.75% and a Probability Of Bankruptcy at a high 96%, the company's Gross Profit of **$14.87 million** suggests an underlying resilience. With a Price To Sales ratio of just 0.18X, Assure Holdings appears undervalued, especially when considering its potential upside of 13.33%. The company's insider ownership stands at a significant 18.42%, signaling confidence from those who know it best. Moreover, a current Market Capitalization of **$1.78 million** might deter some, but for savvy investors, this could represent a ripe opportunity for entry before the company realizes its full market potential. With a Target Price of $4, far above its Day Typical Price of $0.33, Assure Holdings Corp could be a compelling pick for those looking to unlock potential in the healthcare equipment and supplies sector.
Will Assure Holdings recent roll up continue?
Assure Holdings Corp, a provider of intraoperative neuromonitoring services, has exhibited a significant decrease in its coefficient of variation, which currently stands at 16,891.05. This reduction suggests a declining level of volatility in comparison to the stock's average return, potentially indicating a stabilization of
investor sentiment after a period of consolidation or implementation of a 'roll-up' strategy. While this metric alone does not offer a complete picture of the company's
financial health or
future performance, it may signal to investors that Assure Holdings is becoming a more predictable entity within its market segment. Investors considering Assure Holdings should still conduct thorough due diligence, analyzing the company's fundamentals, industry trends, and overall market conditions before making any trading decisions. Assure Holdings Corp has demonstrated above-average volatility over the selected time frame. It is crucial for investors to independently evaluate Assure Holdings Corp to ensure that their
market timing strategies are in line with their expectations regarding the stock's volatility. Assure Holdings Corp may be classified as a potential penny stock. While Assure Holdings could indeed be a viable investment opportunity, many penny stocks are speculative by nature and are prone to artificial price inflation. Investors are urged to fully understand the potential rewards and risks associated with investing in Assure Holdings Corp. We advise investors to be wary of red flags such as unsolicited emails, message board promotions, unsubstantiated claims of breakthroughs, unusual volume spikes, unexpected news releases, and promotions not accompanied by SEC filings.
Additionally, investors should review the biographies and employment histories of current and past company officers before investing in high-volatility instruments, penny stocks, or equities with a microcap classification. While it is possible to profit from an investment in Assure Holdings if one times their entry and exit impeccably, it is important to note that penny stocks subjected to artificial hype often fail to sustain their elevated share prices for more than a few days. The price of a promoted high-volatility instrument will almost invariably revert to its prior level. The only sustainable way to increase shareholder value is through legitimate performance, underpinned by robust fundamentals. In conclusion, Assure Holdings Corp (IONM) presents a compelling growth narrative for investors seeking exposure to the healthcare sector. With a unanimous **analyst consensus** of a 'Strong Buy' and a single **analyst target price estimate** at $**4**, the market's confidence in the company's prospects is evident. This target reflects a significant premium over the current valuation hype value of **0.37** and market value of **0.35**, suggesting substantial upside potential. Moreover, the valuation real value of **1.24** indicates that the stock may be undervalued, providing an attractive entry point for investors. As the fiscal year-end approaches in December, those considering Assure Holdings should weigh these factors carefully, as the company's stock could be poised for growth in the hands of a patient investor. .
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Aina Ster is a Member of Macroaxis Editorial Board. Aina delivers weekly perspective on ongoing market and economic trends, analysis and tips from predictive analysis to forecasting across various financial instruments.
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