Semler Scientific Inc. (NASDAQ:SMLR - Get Free Report) saw an uptick in trading volume on Tuesday . 647,401 shares changed hands during mid-day trading, a decline of 10% from the previous session's volume of 716,164 shares.The stock last traded at $33.85 and had previously closed at $32.06.
Wall Street Analysts Forecast Growth
SMLR has been the subject of several analyst reports. Cantor Fitzgerald dropped their target price on Semler Scientific from $61.00 to $60.00 and set an "overweight" rating for the company in a report on Wednesday, August 6th. Benchmark decreased their price objective on shares of Semler Scientific from $101.00 to $86.00 and set a "buy" rating on the stock in a report on Tuesday. Finally, Maxim Group cut their target price on Semler Scientific from $95.00 to $80.00 and set a "buy" rating on the stock in a research report on Friday. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Semler Scientific presently has an average rating of "Buy" and an average price target of $74.25.
Get Our Latest Stock Report on Semler Scientific
Semler Scientific Stock Down 0.3%
The stock has a market cap of $473.16 million, a price-to-earnings ratio of 13.22 and a beta of 1.39. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 0.25. The firm's 50 day moving average is $33.48 and its two-hundred day moving average is $35.41.
Semler Scientific (NASDAQ:SMLR - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $5.04 EPS for the quarter, topping analysts' consensus estimates of ($0.27) by $5.31. The business had revenue of $8.22 million during the quarter, compared to the consensus estimate of $8.10 million. Semler Scientific had a net margin of 86.20% and a return on equity of 43.84%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets purchased a new position in shares of Semler Scientific in the 4th quarter worth about $30,000. Summit Securities Group LLC purchased a new position in Semler Scientific in the first quarter valued at approximately $32,000. SBI Securities Co. Ltd. lifted its position in Semler Scientific by 161.3% during the first quarter. SBI Securities Co. Ltd. now owns 959 shares of the company's stock valued at $35,000 after buying an additional 592 shares in the last quarter. Police & Firemen s Retirement System of New Jersey grew its stake in Semler Scientific by 75.5% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 1,674 shares of the company's stock worth $65,000 after buying an additional 720 shares during the period. Finally, Tower Research Capital LLC TRC increased its position in shares of Semler Scientific by 354.8% in the second quarter. Tower Research Capital LLC TRC now owns 1,819 shares of the company's stock worth $70,000 after acquiring an additional 1,419 shares in the last quarter. Institutional investors and hedge funds own 49.37% of the company's stock.
About Semler Scientific
(
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Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company's products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient's vascular condition.
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