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Avinger Inc

AVGR | US

0.91

USD

-0.04

-3.89%

AVGR | US

About Avinger Inc

Sector

Healthcare

Industry

Medical Devices

Earnings date

30/06/2024

As of date

21/10/2024

Close

0.91

Open

0.94

High

0.95

Low

0.76

Avinger Inc. a commercial-stage medical device company designs manufactures and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral artery disease (PAD) in the United States and internationally. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures. The company's lumivascular products comprise Lightbox imaging consoles as well as the Ocelot family of catheters including Ocelot and Tigereye which are designed to allow physicians to penetrate a total blockage in an artery; and Pantheris an image-guided atherectomy device that allows physicians to precisely remove arterial plaque in PAD patients. In addition its chronic total occlusion (CTO)-crossing catheters Wildcat and Kittycat 2 which employs a proprietary design that uses a rotational spinning technique allowing the physician to switch between passive and active modes when navigating across a CTO. Further the company develops IMAGE-BTK for the treatment of PAD lesions below-the-knee. It markets and sells its products to interventional cardiologists vascular surgeons and interventional radiologists. The company was incorporated in 2007 and is headquartered in Redwood City California.

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AVGR | US

Risk
65.6
Sharpe
-0.74
Luna's Score
34/100
Recommendation
Sell

Luna says (AVGR | US)

What's Working

Value Stock (Price to Book < 3)

What's not Working

Weakness based on declining price with high volume

High 6-Month Volatility (>65%)

Microcap (<300M USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

69.0%

1 month

65.6%

3 months

99.7%

6 months

88.7%

Returns

Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

0.25

Debt to equity

0.74

Debt to assets

0.33

Ent. to EBITDA

-0.40

Ent. to rev.

1.68

PEG

-

Other Fundamentals

EBITDA

-17.55M

MarketCap

1.99M

MarketCap(USD)

1.99M

Div. yield

-

Op. margin

-223.44

Erngs. growth

-

Rev. growth

-9.50

Ret. on equity

-3.33K

Short ratio

0.41

Short perc.

9.50

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

Range10D

0.25

Range1M

0.39

Range3M

1.05

Volumes: Market Activity

Rel. volume

1.01

Price X volume

114.80K

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Helius Medical Technologies IncHSDTMedical Devices0.572.04M5.56%n/a0.55%
Tivic Health Systems Inc. Common StockTIVCMedical Devices0.31031.92M16.74%0.020.00%
Bluejay Diagnostics Inc. Common StockBJDXMedical Devices0.1071.77M13.83%n/a5.12%
NanoVibronix IncNAOVMedical Devices0.551.53M4.84%n/a4.68%
Escalon Medical CorpESMCMedical Devices0.1155856.47K-32.06%n/a0.00%
Dynatronics CorporationDYNTMedical Devices0.1012596.70K0.20%n/a47.23%
Allied Healthcare Products Inc.AHPIQMedical Devices0.0001401.000.00%n/a
Cesca Therapeutics IncKOOLMedical Devices11.050-0.27%n/a
Bone Biologics Corp WarrantsBBLGWMedical Devices300172.73%n/a0.00%
LUCYWLUCYWMedical Instruments & Supplies0.032501.88%n/a0.00%
  • 1

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Common StockBPYPOReal Estate Services16.520-1.49%7.64866.10%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-0.40-Cheaper
Ent. to Revenue1.68-Cheaper
PE Ratio-30.41-
Price to Book0.256.21Cheaper
Dividend Yield---
Std. Deviation (3M)99.69-Riskier
Debt to Equity0.74-145.53Expensive
Debt to Assets0.330.35Par
Market Cap1.99M-Emerging
  • 1

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