Avinger, Inc. is a commercial-stage medical device company. The Company designs, manufactures and sells image-guided, catheter-based systems that are used by physicians to treat patients with peripheral arterial disease (PAD). The Company focuses on introducing products based on its lumivascular platform, which is an intravascular image-guided system. The Company manufactures and sells a suite of products in the United States and certain European markets. The Company's products include Lightbox imaging console, as well as its Wildcat, Kittycat and the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (CTO). The lumivascular platform offers real-time visualization of the inside of the artery during PAD treatment. The lumivascular platform consists of a capital component Lightbox and a range of disposable catheter products, including Ocelot, Ocelot PIXL, Ocelot MVRX and Pantheris.
Industry, Sector and Symbol:
- Sector: Medical
- Industry: Medical Imaging Systems
- Sub-Industry: N/A
- Symbol: NASDAQ:AVGR
- CUSIP: N/A
- Web: www.avinger.com
Capitalization:- Market Cap: $6.95 million
- Outstanding Shares: 23,913,000
Average Prices:- 50 Day Moving Avg: $0.44
- 200 Day Moving Avg: $1.07
- 52 Week Range: $0.26 - $5.15
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -0.23
- P/E Growth: 0.0000
Sales & Book Value:- Annual Revenue: $15.94 million
- Price / Sales: 0.44
- Book Value: ($0.87) per share
- Price / Book: -0.33
Profitability:- EBIDTA: ($46,300,000.00)
- Net Margins: -342.46%
- Return on Equity: -2,432.46%
- Return on Assets: -119.80%
Debt:- Current Ratio: 0.49%
- Quick Ratio: 0.35%
Misc:- Average Volume: 1.32 million shs.
- Beta: -0.23
- Short Ratio: 1.4
Frequently Asked Questions for Avinger (NASDAQ:AVGR)
What is Avinger's stock symbol?
Avinger trades on the NASDAQ under the ticker symbol "AVGR."
How were Avinger's earnings last quarter?
Avinger, Inc. (NASDAQ:AVGR) announced its quarterly earnings results on Monday, August, 1st. The company reported ($1.06) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($1.15) by $0.09. The firm had revenue of $4.70 million for the quarter, compared to analyst estimates of $3.05 million. Avinger had a negative net margin of 342.46% and a negative return on equity of 2,432.46%. View Avinger's Earnings History.
Where is Avinger's stock going? Where will Avinger's stock price be in 2017?
4 equities research analysts have issued twelve-month price objectives for Avinger's stock. Their forecasts range from $5.00 to $5.00. On average, they anticipate Avinger's stock price to reach $5.00 in the next twelve months. View Analyst Ratings for Avinger.
Are investors shorting Avinger?
Avinger saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,239,364 shares, an increase of 24.6% from the July 14th total of 1,797,593 shares. Based on an average daily trading volume, of 476,700 shares, the days-to-cover ratio is presently 4.7 days. Currently, 10.2% of the company's shares are sold short.
Who are some of Avinger's key competitors?
Some companies that are related to Avinger include RXi Pharmaceuticals Corporation (RXII), Anthera Pharmaceuticals (ANTH), Kitov Pharmaceuticals Holdings (KTOV), Galena Biopharma (GALE), Immune Pharmaceuticals (IMNP), Lombard Medical (EVAR), OpGen (OPGN), Soligenix (SNGX), Cytori Therapeutics (CYTX), Celsion Corporation (CLSN), Argos Therapeutics (ARGS), Nivalis Therapeutics (ALPN), Roka Bioscience (ROKA), ESSA Pharma (EPIX), Bio Blast Pharma (ORPN), Mateon Therapeutics (MATN), Repros Therapeutics (RPRX) and Dynatronics Corporation (DYNT).
Who are Avinger's key executives?
Avinger's management team includes the folowing people:
- John B. Simpson M.D. Ph.D., Executive Chairman of the Board
- Jeffrey M. Soinski, President, Chief Executive Officer, Director
- Matthew B. Ferguson, Chief Business Officer and Chief Financial Officer
- Sougata Banerjee, Senior Vice President - Operations and Quality
- Himanshu N. Patel, Chief Technology Officer
- Philip R. Preuss, Vice President - Marketing and Business Operations
- James G. Cullen, Independent Director
- Thomas J. Fogarty M.D., Independent Director
- Donald A. Lucas Jr., Independent Director
- James B. McElwee, Independent Director
When did Avinger IPO?
(AVGR) raised $60 million in an initial public offering on Friday, January 30th 2015. The company issued 4,600,000 shares at a price of $12.00-$14.00 per share. Canaccord Genuity and Cowen and Company acted as the underwriters for the IPO and Oppenheimer, BTIG and Stephens were co-managers.
Who owns Avinger stock?
Avinger's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.50%). Company insiders that own Avinger stock include Donald A Lucas, Himanshu Patel, Jeffrey M Soinski, John B Ph D Md Simpson, John D Simpson and Matthew Ferguson. View Institutional Ownership Trends for Avinger.
Who sold Avinger stock? Who is selling Avinger stock?
How do I buy Avinger stock?
Shares of Avinger can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Avinger's stock price today?
One share of Avinger stock can currently be purchased for approximately $0.29.
MarketBeat Community Rating for Avinger (NASDAQ AVGR)MarketBeat's community ratings are surveys of what our community members think about Avinger and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Avinger (NASDAQ:AVGR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.25) |
| Consensus Price Target: | $5.00 (1,619.39% upside) |
Analysts' Ratings History for Avinger (NASDAQ:AVGR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/14/2017 | Cowen and Company | Reiterated Rating | Buy | | N/A |  |
| 4/12/2017 | CIBC | Downgrade | Outperform -> Market Perform | | High | |
| 4/12/2017 | Oppenheimer Holdings, Inc. | Reiterated Rating | Outperform -> Market Perform | | High | |
| 4/11/2017 | Canaccord Genuity | Downgrade | Buy -> Hold | | High | |
| 8/15/2016 | BTIG Research | Reiterated Rating | Buy | $18.00 -> $6.00 | N/A | |
| 1/4/2016 | Dougherty & Co | Downgrade | Buy -> Hold | | N/A | |
(Data available from 8/17/2015 forward)
Earnings History for Avinger (NASDAQ:AVGR)Earnings History by Quarter for Avinger (NASDAQ AVGR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 3/6/2017 | Q4 2016 | ($0.55) | ($0.58) | $4.70 million | $4.68 million | View | Listen | |
| 11/3/2016 | Q3 | ($0.84) | ($0.73) | $4.90 million | $5.30 million | View | N/A | |
| 8/1/2016 | Q2 | ($1.15) | ($1.06) | $3.05 million | $4.70 million | View | Listen | |
| 5/4/2016 | Q1 | ($1.17) | ($1.28) | $2.90 million | $4.54 million | View | Listen | |
| 3/1/2016 | Q4 | ($1.04) | ($1.07) | $3.10 million | $2.86 million | View | Listen | |
| 11/5/2015 | Q315 | ($0.88) | ($1.08) | $3.10 million | $2.70 million | View | Listen | |
| 7/28/2015 | Q215 | ($1.16) | ($0.83) | $2.72 million | $3.00 million | View | Listen | |
| 5/6/2015 | Q1 | ($1.15) | ($1.53) | $2.30 million | $2.09 million | View | Listen | |
| 3/12/2015 | Q414 | ($0.75) | ($33.62) | $3.10 million | $3.07 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Avinger (NASDAQ:AVGR)2017 EPS Consensus Estimate: ($1.94)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.73) | ($0.73) | ($0.73) |
| Q2 2017 | 1 | ($0.46) | ($0.46) | ($0.46) |
| Q3 2017 | 1 | ($0.38) | ($0.38) | ($0.38) |
| Q4 2017 | 1 | ($0.37) | ($0.37) | ($0.37) |
(Data provided by Zacks Investment Research)
Dividend History for Avinger (NASDAQ:AVGR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Avinger (NASDAQ:AVGR)Insider Ownership Percentage: 30.50%
Institutional Ownership Percentage: 60.97%
Insider Trades by Quarter for Avinger (NASDAQ:AVGR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/16/2016 | Jeffrey M Soinski | CEO | Buy | 57,100 | $3.50 | $199,850.00 | |
| 8/16/2016 | Matthew Ferguson | CFO | Buy | 7,000 | $3.50 | $24,500.00 | |
| 5/6/2016 | Donald A Lucas | Director | Sell | 9,309 | $12.58 | $117,107.22 | |
| 5/6/2016 | Himanshu Patel | Insider | Sell | 10,000 | $13.40 | $134,000.00 | |
| 4/15/2016 | John B Ph D Md Simpson | Major Shareholder | Sell | 75,111 | $13.11 | $984,705.21 | |
| 3/11/2016 | John B Ph D Md Simpson | Major Shareholder | Sell | 40,000 | $11.44 | $457,600.00 | |
| 3/11/2016 | Matthew Ferguson | CFO | Buy | 1,500 | $11.37 | $17,055.00 | |
| 12/14/2015 | Donald A Lucas | Director | Sell | 2,500 | $16.22 | $40,550.00 | |
| 12/11/2015 | Donald A Lucas | Director | Sell | 4,000 | $15.92 | $63,680.00 | |
| 11/25/2015 | John B Ph D Md Simpson | Major Shareholder | Sell | 100,000 | $17.26 | $1,726,000.00 | |
| 11/24/2015 | John B Ph D Md Simpson | Chairman | Sell | 42,445 | $17.20 | $730,054.00 | |
| 2/4/2015 | Himanshu Patel | CTO | Sell | 1,731 | $13.00 | $22,503.00 | |
| 2/4/2015 | James Cullen | Director | Sell | 2,307 | $13.00 | $29,991.00 | |
| 2/4/2015 | Matthew Ferguson | CFO | Sell | 1,154 | $13.00 | $15,002.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Avinger (NASDAQ:AVGR)
Latest Headlines for Avinger (NASDAQ:AVGR)
| Source: |
|
| Date | Headline |
|---|
 | Avinger, Inc. :AVGR-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 16 at 4:47 PM |
| EQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - August 14 at 9:38 PM |
 | Avinger, Inc. (NASDAQ:AVGR) Short Interest Update
www.americanbankingnews.com - August 13 at 2:20 AM |
 | IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Avinger, Inc. and Reminds Investors with Losses to Contact the Firm
feeds.benzinga.com - August 12 at 1:31 AM |
| Scott+Scott, Attorneys at Law, LLP Announces Deadline for Lead Plaintiff Motions in Federal Securities Case Against Avinger, Inc. (NASDAQ: AVGR)
finance.yahoo.com - August 10 at 3:55 PM |
 | Avinger's (AVGR) CEO Jeff Soinski on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 9 at 9:28 PM |
| Edited Transcript of AVGR earnings conference call or presentation 8-Aug-17 8:30pm GMT
finance.yahoo.com - August 9 at 4:26 PM |
| Avinger reports 2Q loss
finance.yahoo.com - August 9 at 4:26 PM |
| Avinger Announces Second Quarter 2017 Results
finance.yahoo.com - August 8 at 9:05 PM |
| Avinger Announces Participation in Canaccord Genuity 37th Annual Growth Conference
finance.yahoo.com - August 3 at 5:38 PM |
| Scott+Scott, Attorneys at Law, LLP Announces Deadline for Lead Plaintiff Motions in Federal Securities Case Against Avinger, Inc. (AVGR)
finance.yahoo.com - August 1 at 5:10 PM |
| Avinger, Inc. (AVGR) to Release Earnings on Tuesday
www.americanbankingnews.com - August 1 at 7:31 AM |
| Critical Review: EndoChoice Holdings (GI) versus Avinger (AVGR)
www.americanbankingnews.com - July 26 at 8:28 PM |
| SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Avinger, Inc. (AVGR) & Lead Plaintiff Deadline: September 5, 2017
finance.yahoo.com - July 26 at 4:51 PM |
| Avinger to Announce Second Quarter 2017 Results on August 8, 2017
finance.yahoo.com - July 26 at 4:51 PM |
| Avinger, Inc. (AVGR) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 25 at 6:45 PM |
| Reviewing Analogic Corporation (ALOG) and Avinger (NASDAQ:AVGR)
www.americanbankingnews.com - July 25 at 6:12 PM |
| AVGR Investors Update: Hagens Berman Updates Investors in Avinger, Inc. Concerning Securities Class Action Pending in Federal Court and Reminds Them of the September 5, 2017 Lead Plaintiff Deadline
finance.yahoo.com - July 25 at 4:08 PM |
| Avinger, Inc. (AVGR) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - July 24 at 7:56 AM |
| Avinger, Inc. (NASDAQ:AVGR) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 17 at 8:26 PM |
| Avinger, Inc. (NASDAQ:AVGR) Sees Large Decline in Short Interest
www.americanbankingnews.com - July 17 at 7:18 AM |
| Haeggquist & Eck, LLP Announces Investigation of Potential Corporate Misconduct at Avinger, Inc. in Connection with Its IPO and the Sales and Safety of the Company’s Products
finance.yahoo.com - July 14 at 6:05 PM |
| Analyzing EndoChoice Holdings (GI) & Avinger (NASDAQ:AVGR)
www.americanbankingnews.com - July 14 at 8:36 AM |
| AVGR SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Securities Action Involving Avinger, Inc. (AVGR)
finance.yahoo.com - July 13 at 4:59 PM |
| Robbins Arroyo LLP: Avinger, Inc. (AVGR) Misled Shareholders According to a Class Action
finance.yahoo.com - July 13 at 2:30 AM |
| Bottini & Bottini, Inc. Files Securities Class-Action Lawsuit Against Avinger, Inc.
finance.yahoo.com - July 8 at 8:59 PM |
| INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of Commencement of a Securities Action on Behalf of Shareholders of Avinger, Inc. - AVGR
finance.yahoo.com - July 8 at 8:59 PM |
| SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Avinger, Inc. (AVGR) & Lead Plaintiff Deadline: September 5, 2017
finance.yahoo.com - July 8 at 8:59 PM |
| INVESTOR ALERT: Khang & Khang LLP Announces...
www.benzinga.com - July 8 at 7:27 AM |
| INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
feeds.benzinga.com - July 8 at 1:53 AM |
| Head-To-Head Comparison: Avinger (AVGR) and EndoChoice Holdings (GI)
www.americanbankingnews.com - July 5 at 8:30 PM |
| Avinger, Inc. (AVGR) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 30 at 10:08 AM |
| The Klein Law Firm Reminds Investors of a Securities Action Filed on Behalf of Avinger, Inc. Shareholders (AVGR)
finance.yahoo.com - June 28 at 9:25 PM |
| Avinger, Inc. (AVGR) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - June 20 at 7:56 PM |
| SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Commencement of a Securities Action on Behalf of Shareholders of Avinger, Inc. - AVGR
finance.yahoo.com - June 20 at 4:24 PM |
| AVGR Investors Alert: Hagens Berman Alerts Investors in Avinger, Inc. to Securities Class Action
finance.yahoo.com - June 20 at 4:24 PM |
| SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - June 19 at 8:53 PM |
| Avinger, Inc. (AVGR) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 19 at 8:52 PM |
| Analyzing Avinger (AVGR) & Novadaq Technologies (NVDQ)
www.americanbankingnews.com - June 17 at 12:12 AM |
| EQUITY ALERT: Levi & Korsinsky, LLP Reminds Investors of Commencement of a Securities Action on Behalf of Shareholders of Avinger, Inc. - AVGR
finance.yahoo.com - June 14 at 3:51 PM |
| SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Avinger, Inc. - AVGR
finance.yahoo.com - June 14 at 3:51 PM |
| The Klein Law Firm Notifies Investors of a Securities Action Filed on Behalf of Avinger, Inc. Shareholders (AVGR)
feeds.benzinga.com - June 12 at 12:43 PM |
| California Based Johnson & Weaver, LLP Investigates Avinger, Inc.: Were Avinger's Public Statements in its Offering Documents False and Misleading?
finance.yahoo.com - June 10 at 3:45 PM |
| SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - June 10 at 2:19 AM |
| Robbins Arroyo LLP: Avinger, Inc. (AVGR) Misled Shareholders According to a Recently Filed Class Action
finance.yahoo.com - June 9 at 9:19 PM |
| AVGR SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Securities Action Involving Avinger, Inc.
finance.yahoo.com - June 9 at 4:18 PM |
| INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - June 8 at 4:28 PM |
| The Klein Law Firm Reminds Investors of Commencement of a Securities Action Filed on Behalf of Avinger, Inc. Shareholders
finance.yahoo.com - June 7 at 3:56 PM |
| IMPORTANT EQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Avinger, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - June 7 at 3:56 PM |
| The Klein Law Firm Notifies Investors of Commencement of a Securities Action Filed on Behalf of Avinger, Inc. Shareholders
finance.yahoo.com - June 6 at 3:50 PM |
Avinger (AVGR) Chart for Thursday, August, 17, 2017
