Surmodics Stock Price on August 23, 2024
| SRDX Stock | USD 37.59 0.54 1.42% |
Below is the normalized historical share price chart for SurModics extending back to March 04, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SurModics stands at 37.59, as last reported on the 26th of October, with the highest price reaching 38.37 and the lowest price hitting 37.51 during the day.
If you're considering investing in SurModics Stock, it is important to understand the factors that can impact its price. SurModics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the firm had a -0.23% return per unit of risk over the last 3 months. SurModics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SurModics' Variance of 0.422, coefficient of variation of (434.35), and Risk Adjusted Performance of (0.18) to confirm the risk estimate we provide.
At this time, SurModics' Common Stock Shares Outstanding is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 1.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 116 M in 2024. . At this time, SurModics' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 2.93 in 2024, whereas Price To Sales Ratio is likely to drop 3.71 in 2024. SurModics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of March 1998 | 200 Day MA 35.8605 | 50 Day MA 38.967 | Beta 1.201 |
SurModics |
Sharpe Ratio = -0.2252
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| Negative Returns | SRDX |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SurModics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SurModics by adding SurModics to a well-diversified portfolio.
Price Book 4.6046 | Enterprise Value Ebitda 173.6807 | Price Sales 4.5203 | Shares Float 10.3 M | Wall Street Target Price 43 |
Related Headline
CONMED Headline on 23rd of August 2024
Disposition of 2300 shares by Stanley Peters of CONMED at 41... by Stanley Peters
Filed transaction by CONMED Officer: President As And Aet. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
SurModics Valuation on August 23, 2024
It is possible to determine the worth of SurModics on a given historical date. On August 23, 2024 SurModics was worth 39.97 at the beginning of the trading date compared to the closed value of 39.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SurModics stock. Still, in general, we apply an absolute valuation method to find SurModics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SurModics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SurModics' related companies.
| Open | High | Low | Close | Volume | |
| 40.10 | 40.10 | 39.96 | 39.96 | 302,678 | |
08/23/2024 | 39.97 | 40.12 | 39.66 | 39.71 | 414,730 |
| 39.83 | 39.83 | 39.40 | 39.57 | 325,193 |
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SurModics Trading Date Momentum on August 23, 2024
| On August 26 2024 SurModics was traded for 39.57 at the closing time. The top price for the day was 39.83 and the lowest listed price was 39.40 . The trading volume for the day was 325.2 K. The trading history from August 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.35% . The trading price change against the current closing price is 0.40% . |
SurModics Fundamentals Correlations and Trends
By evaluating SurModics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SurModics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SurModics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SurModics Stock history
SurModics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SurModics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SurModics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SurModics stock prices may prove useful in developing a viable investing in SurModics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.6 M | 13.7 M | |
| Net Loss | -24.5 M | -23.3 M |
SurModics Quarterly Net Working Capital |
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SurModics Stock Technical Analysis
SurModics 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.
Price Boundaries
SurModics Period Price Range
Low | October 26, 2024
| High |
0.00 | 0.00 |
SurModics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
SurModics October 26, 2024 Market Strength
Market strength indicators help investors to evaluate how SurModics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SurModics shares will generate the highest return on investment. By undertsting and applying SurModics stock market strength indicators, traders can identify SurModics entry and exit signals to maximize returns
SurModics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SurModics' price direction in advance. Along with the technical and fundamental analysis of SurModics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SurModics to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (1.03) |
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Additional Tools for SurModics Stock Analysis
When running SurModics' price analysis, check to measure SurModics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SurModics is operating at the current time. Most of SurModics' value examination focuses on studying past and present price action to predict the probability of SurModics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SurModics' price. Additionally, you may evaluate how the addition of SurModics to your portfolios can decrease your overall portfolio volatility.