NASDAQ:RSLS

ReShape Lifesciences (RSLS) Stock Price, News & Analysis

$0.17
0.00 (0.00%)
(As of 04/22/2024 ET)
Today's Range
$0.17
$0.18
50-Day Range
$0.15
$0.19
52-Week Range
$0.14
$2.80
Volume
103,406 shs
Average Volume
347,298 shs
Market Capitalization
$2.19 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

ReShape Lifesciences MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
4,693.3% Upside
$8.00 Price Target
Short Interest
Healthy
3.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

0.25 out of 5 stars

RSLS stock logo

About ReShape Lifesciences Stock (NASDAQ:RSLS)

ReShape Lifesciences Inc., a medical device company, provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally. The company's product portfolio includes Lap-Band System, a minimally invasive long-term treatment of severe obesity and more invasive surgical stapling procedures, such as the gastric bypass or sleeve gastrectomy and ReShape Vest system, a laparoscopically implantable device to enable weight loss and stomach preservation. It also offers ReShapeCare virtual health coaching program, a program that supports healthy lifestyle changes for all medically managed weight-loss patients; and ReShape Diabetes Bloc-Stim Neuromodulation, a technology that is in preclinical development for the treatment of type 2 diabetes mellitus. In addition, the company provides Obalon Balloon System, a swallowable capsule used to track and display the location of the balloon during placement. The company was formerly known as EnteroMedics Inc. and changed its name to ReShape Lifesciences Inc. in 2017. ReShape Lifesciences Inc. was incorporated in 2002 and is headquartered in San Clemente, California.

RSLS Stock Price History

RSLS Stock News Headlines

Reshape Lifesciences Inc RSLS
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
RSLS ReShape Lifesciences Inc.
Q4 2023 ReShape Lifesciences Inc Earnings Call
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
ReShape Lifesciences Inc (RSLS)
ReShape Lifesciences, Inc.
ReShape Lifesciences Inc.
Why Is ReShape Lifesciences (RSLS) Stock Up 68% Today?
See More Headlines
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Company Calendar

Last Earnings
8/13/2020
Today
4/23/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Current Symbol
NASDAQ:RSLS
CUSIP
29365M20
Fax
N/A
Employees
29
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+4,693.3%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$-11,390,000.00
Net Margins
-131.22%
Pretax Margin
-130.62%

Debt

Sales & Book Value

Annual Sales
$8.68 million
Book Value
$0.51 per share

Miscellaneous

Free Float
13,122,000
Market Cap
$2.19 million
Optionable
Not Optionable
Beta
0.22
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Key Executives

  • Mr. Dan W. GladneyMr. Dan W. Gladney (Age 71)
    Executive Chair
    Comp: $129.5k
  • Mr. Paul F. Hickey (Age 59)
    CEO, President & Director
    Comp: $506.42k
  • Mr. Thomas  StankovichMr. Thomas Stankovich (Age 63)
    Senior VP & CFO
    Comp: $307.12k
  • Dr. Mark B. Knudson Ph.D. (Age 75)
    Co-Founder and Special Advisor to the CEO
    Comp: $33k
  • Dr. Katherine S. Tweden Ph.D. (Age 63)
    Co-Founder
    Comp: $338.41k
  • Mr. Al Diaz
    Vice President of Operations and R&D
  • Dr. Dov Gal D.V.M.
    M.B.A., VP of Regulatory Clinical Quality & Compliance Officer
  • Jody B. Dahlman
    Director of Communications
  • Mr. Naqeeb A. Ansari (Age 63)
    Senior Vice President of Global Commercial Operations
    Comp: $327.46k

RSLS Stock Analysis - Frequently Asked Questions

What is ReShape Lifesciences' stock price target for 2024?

0 analysts have issued twelve-month price targets for ReShape Lifesciences' stock. Their RSLS share price targets range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 4,693.3% from the stock's current price.
View analysts price targets for RSLS
or view top-rated stocks among Wall Street analysts.

How have RSLS shares performed in 2024?

ReShape Lifesciences' stock was trading at $0.2497 at the beginning of the year. Since then, RSLS shares have decreased by 33.2% and is now trading at $0.1669.
View the best growth stocks for 2024 here
.

Are investors shorting ReShape Lifesciences?

ReShape Lifesciences saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 729,300 shares, an increase of 70.1% from the March 15th total of 428,700 shares. Based on an average trading volume of 807,600 shares, the days-to-cover ratio is currently 0.9 days. Approximately 3.5% of the company's shares are short sold.
View ReShape Lifesciences' Short Interest
.

When is ReShape Lifesciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our RSLS earnings forecast
.

How were ReShape Lifesciences' earnings last quarter?

ReShape Lifesciences Inc. (NASDAQ:RSLS) released its earnings results on Thursday, August, 13th. The medical device company reported ($8.67) EPS for the quarter, beating the consensus estimate of ($218,400.00) by $218,391.33. The medical device company had revenue of $1.70 million for the quarter. ReShape Lifesciences had a negative net margin of 131.22% and a negative trailing twelve-month return on equity of 187.89%.

When did ReShape Lifesciences' stock split?

ReShape Lifesciences shares reverse split on Thursday, December 22nd 2022. The 1-50 reverse split was announced on Thursday, December 22nd 2022. The number of shares owned by shareholders was adjusted after the market closes on Thursday, December 22nd 2022. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

How do I buy shares of ReShape Lifesciences?

Shares of RSLS 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.

This page (NASDAQ:RSLS) was last updated on 4/23/2024 by MarketBeat.com Staff

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