Icecure Medical Stock Today
ICCM Stock | USD 1.19 0.01 0.85% |
Performance0 of 100
| Odds Of DistressLess than 25
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Icecure Medical is selling at 1.19 as of the 5th of May 2024; that is 0.85% increase since the beginning of the trading day. The stock's lowest day price was 1.17. Icecure Medical has about a 25 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Icecure Medical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 26th of August 2021 | Category Healthcare | Classification Health Care |
IceCure Medical Ltd, a medical device company, engages in the research, development, and commercialization of medical devices for cryoablation of tumors in the human body. The company was incorporated in 2006 and is headquartered in Caesarea, Israel. Icecure Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. The company has 45.73 M outstanding shares of which 299.76 K shares are currently shorted by private and institutional investors with about 0.4 trading days to cover. More on Icecure Medical
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Moving against Icecure Stock
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Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 27th of May 2024
Icecure Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Icecure Medical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Icecure Medical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Old Name | Icecure Medical | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Icecure Medical report their recommendations after researching Icecure Medical's financial statements, talking to executives and customers, or listening in on Icecure Medical's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Icecure Medical. The Icecure consensus assessment is calculated by taking the average forecast from all of the analysts covering Icecure Medical. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the analysis of Icecure Medical's profitability, liquidity, and operating efficiency, Icecure Medical is not in a good financial situation at this time. It has a very high probability of going through financial hardship in June. Financial strength of Icecure Medical is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Icecure Medical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Icecure Medical's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Icecure Medical's financial leverage. It provides some insight into what part of Icecure Medical's total assets is financed by creditors.
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Icecure Medical (ICCM) is traded on NASDAQ Exchange in USA. It is located in 7 Ha?Eshel Street, Caesarea, Israel, 3079504 and employs 71 people. Icecure Medical is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 54.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Icecure Medical's market, we take the total number of its shares issued and multiply it by Icecure Medical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Icecure Medical conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 45.73 M outstanding shares of which 299.76 K shares are currently shorted by private and institutional investors with about 0.4 trading days to cover.
Icecure Medical currently holds about 17.73 M in cash with (12.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48.
Check Icecure Medical Probability Of Bankruptcy
Ownership AllocationIcecure Medical secures a total of 45.73 Million outstanding shares. Icecure Medical secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Icecure Ownership Details
Icecure Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Icecure Medical jumping above the current price in 90 days from now is about 86.44%. The Icecure Medical probability density function shows the probability of Icecure Medical stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Icecure Medical has a beta of -0.2563. This usually indicates as returns on the benchmark increase, returns on holding Icecure Medical are expected to decrease at a much lower rate. During a bear market, however, Icecure Medical is likely to outperform the market. Additionally, icecure Medical has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Icecure Medical to move above the current price in 90 days from now is about 86.44 (This Icecure Medical probability density function shows the probability of Icecure Stock to fall within a particular range of prices over 90 days) .
Icecure Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Icecure Medical that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Icecure Medical's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Icecure Medical's value.Instituion | Recorded On | Shares | |
Foundations Investment Advisors, Llc | 2023-12-31 | 10 K | |
Advisor Group Holdings, Inc. | 2023-12-31 | 7.2 K | |
Morgan Stanley - Brokerage Accounts | 2023-12-31 | 6.1 K | |
Jpmorgan Chase & Co | 2023-12-31 | 6 K | |
Royal Bank Of Canada | 2023-12-31 | 687 | |
Tower Research Capital Llc | 2023-12-31 | 294 | |
Susquehanna International Group, Llp | 2023-12-31 | 0.0 | |
Barclays Plc | 2023-12-31 | 0.0 | |
Bartlett & Co Wealth Management Llc | 2023-09-30 | 0.0 | |
Citadel Advisors Llc | 2023-09-30 | 72.6 K | |
Hrt Financial Llc | 2023-12-31 | 37.5 K |
Icecure Medical Historical Income Statement
Icecure Medical Income Statement is one of the three primary financial statements used for reporting Icecure's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Icecure Medical revenue and expense. Icecure Medical Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Icecure Medical's Total Other Income Expense Net is very stable compared to the past year. As of the 5th of May 2024, Income Tax Expense is likely to grow to about 288.6 K, while Total Revenue is likely to drop about 2.1 M. View More FundamentalsIcecure Stock Against Markets
Picking the right benchmark for Icecure Medical stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Icecure Medical stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Icecure Medical is critical whether you are bullish or bearish towards Icecure Medical at a given time. Please also check how Icecure Medical's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Icecure Medical without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Icecure Medical Corporate Management
Elected by the shareholders, the Icecure Medical's board of directors comprises two types of representatives: Icecure Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Icecure. The board's role is to monitor Icecure Medical's management team and ensure that shareholders' interests are well served. Icecure Medical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Icecure Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Naum Muchnik | Dev Research | Profile | |
Eyal Shamir | CEO Director | Profile | |
Galit Malik | Vice Service | Profile | |
Shay Levav | VP Applications | Profile | |
Ronen CPA | CFO COO | Profile | |
Merav Dotan | Vice Resources | Profile | |
Tlalit TelTzure | Vice Marketing | Profile |
How to buy Icecure Stock?
Before investing in Icecure Medical, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Icecure Medical. To buy Icecure Medical stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Icecure Medical. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Icecure Medical stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Icecure Medical stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Icecure Medical stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Icecure Medical, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Icecure Stock please use our How to Invest in Icecure Medical guide.
Already Invested in Icecure Medical?
The danger of trading Icecure Medical is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Icecure Medical is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Icecure Medical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Icecure Medical is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Icecure Medical is a strong investment it is important to analyze Icecure Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Icecure Medical's future performance. For an informed investment choice regarding Icecure Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icecure Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.Note that the Icecure Medical information on this page should be used as a complementary analysis to other Icecure Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Icecure Stock analysis
When running Icecure Medical's price analysis, check to measure Icecure Medical's 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 Icecure Medical is operating at the current time. Most of Icecure Medical's value examination focuses on studying past and present price action to predict the probability of Icecure Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icecure Medical's price. Additionally, you may evaluate how the addition of Icecure Medical to your portfolios can decrease your overall portfolio volatility.
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Is Icecure Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Icecure Medical. If investors know Icecure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Icecure Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.32) | Revenue Per Share 0.071 | Quarterly Revenue Growth 0.337 | Return On Assets (0.42) | Return On Equity (0.78) |
The market value of Icecure Medical is measured differently than its book value, which is the value of Icecure that is recorded on the company's balance sheet. Investors also form their own opinion of Icecure Medical's value that differs from its market value or its book value, called intrinsic value, which is Icecure Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Icecure Medical's market value can be influenced by many factors that don't directly affect Icecure Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Icecure Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icecure Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icecure Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.