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NASDAQ:AVGR

Avinger (AVGR) Stock Price, News & Analysis

$1.42
-0.19 (-11.80%)
(As of 07/26/2024 ET)
Today's Range
$1.22
$1.50
50-Day Range
$1.61
$3.58
52-Week Range
$1.22
$14.00
Volume
972,615 shs
Average Volume
40,471 shs
Market Capitalization
$2.41 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Avinger MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
252.1% Upside
$5.00 Price Target
Short Interest
Healthy
2.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.96mentions of Avinger in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.08) to ($1.35) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.10 out of 5 stars

AVGR stock logo

About Avinger Stock (NASDAQ:AVGR)

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) primarily in the United States and Germany. The company 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. Its lumivascular products comprise Lightbox imaging consoles; the Ocelot and Tigereye family of devices, 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. The company is also developing 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 based in Redwood City, California.

AVGR Stock Price History

AVGR Stock News Headlines

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Avinger, Inc.
See More Headlines
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Company Calendar

Last Earnings
5/15/2024
Today
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:AVGR
Employees
68
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+247.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-18,320,000.00
Net Margins
-251.78%
Pretax Margin
-251.78%

Debt

Sales & Book Value

Annual Sales
$7.65 million
Book Value
($4.53) per share

Miscellaneous

Free Float
1,508,000
Market Cap
$2.45 million
Optionable
Not Optionable
Beta
1.25
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Key Executives

  • Mr. Jeffrey M. Soinski (Age 62)
    President, CEO & Director
    Comp: $616.79k
  • Mr. Nabeel P. Subainati (Age 40)
    VP of Finance, Principal Financial Officer & Accounting Officer
    Comp: $347.58k
  • Mr. Himanshu N. Patel (Age 64)
    Chief Technology Officer
    Comp: $430.08k
  • Mr. Keith Schaefer
    Chief Operating Officer
  • Mr. Philip R. Preuss (Age 46)
    Chief Marketing Officer & VP of Business Operations
  • Mr. Corey Gibbs
    Vice President of Sales
  • Dr. Jaafer Golzar FACC
    M.D., Chief Medical Officer

AVGR Stock Analysis - Frequently Asked Questions

How have AVGR shares performed this year?

Avinger's stock was trading at $2.71 at the beginning of the year. Since then, AVGR shares have decreased by 47.6% and is now trading at $1.42.
View the best growth stocks for 2024 here
.

How were Avinger's earnings last quarter?

Avinger, Inc. (NASDAQ:AVGR) posted its earnings results on Wednesday, May, 15th. The medical device company reported ($2.49) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.35) by $1.14. The medical device company earned $1.86 million during the quarter, compared to the consensus estimate of $2.36 million.

When did Avinger's stock split?

Avinger's stock reverse split on the morning of Wednesday, September 13th 2023. The 1-15 reverse split was announced on Wednesday, September 13th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, September 13th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

When did Avinger IPO?

Avinger (AVGR) raised $60 million in an IPO on Friday, January 30th 2015. The company issued 4,600,000 shares at $12.00-$14.00 per share. Canaccord Genuity and Cowen and Company served as the underwriters for the IPO and Oppenheimer, BTIG and Stephens were co-managers.

How do I buy shares of Avinger?

Shares of AVGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Avinger own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Avinger investors own include Bionano Genomics (BNGO), Novan (NOVN), Titan Pharmaceuticals (TTNP), Matinas BioPharma (MTNB), Zosano Pharma (ZSAN), Organigram (OGI) and Onconova Therapeutics (ONTX).

This page (NASDAQ:AVGR) was last updated on 7/26/2024 by MarketBeat.com Staff

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