Assure (IONM) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Assure in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IONM shares.
View IONM analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 12-month price targets for Assure's shares. Their IONM share price forecasts range from $4.00 to $60.00. On average, they predict the company's share price to reach $25.33 in the next year. This suggests a possible upside of 2,335.9% from the stock's current price.
View analysts price targets for IONM or view top-rated stocks among Wall Street analysts.

Assure's stock was trading at $5.2060 at the start of the year. Since then, IONM shares have decreased by 80.0% and is now trading at $1.04.
View the best growth stocks for 2023 here.

Assure saw a increase in short interest in May. As of May 15th, there was short interest totaling 438,000 shares, an increase of 1,528.3% from the April 30th total of 26,900 shares. Based on an average trading volume of 504,000 shares, the days-to-cover ratio is currently 0.9 days. Approximately 4.2% of the company's stock are sold short.
View Assure's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our IONM earnings forecast.

Assure Holdings Corp. (NASDAQ:IONM) released its earnings results on Monday, November, 15th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.60) by $1.80. The firm had revenue of $8.55 million for the quarter, compared to analyst estimates of $6.80 million. Assure had a negative trailing twelve-month return on equity of 231.42% and a negative net margin of 40.19%. During the same period last year, the firm posted ($3.00) earnings per share.

Assure shares reverse split on the morning of Monday, March 6th 2023. The 1-20 reverse split was announced on Monday, March 6th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, March 6th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Assure trades on the NASDAQ under the ticker symbol "IONM."

Assure's stock is owned by a number of retail and institutional investors. Top institutional investors include Sabby Management LLC (2.51%). Insiders that own company stock include Awm Investment Company, Inc, John C Price, John Farlinger, Martin Andrew Burian and Preston T Parsons.
View institutional ownership trends.

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

One share of IONM stock can currently be purchased for approximately $1.04.

Assure (NASDAQ:IONM) has a market capitalization of $1.14 million and generates $10.98 million in revenue each year.

The company employs 134 workers across the globe.

Assure's mailing address is 4600 S Ulster St Ste 1225, Denver, Colorado 80237. The official website for the company is www.assureneuromonitoring.com. The company can be reached via phone at 720-287-3093 or via email at ir@assureiom.com.