Myomo Inc

Company Profile

Myomo Inc had its IPO on 2017-06-12 under the ticker symbol MYO.

The company operates in the Healthcare sector and Medical Devices industry. Myomo Inc has a staff strength of 100 employees.

Stock update

Shares of Myomo Inc opened at $1.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.13 - $1.43, and closed at $1.24.

This is a +10.71% increase from the previous day's closing price.

A total volume of 2,659,137 shares were traded at the close of the day’s session.

In the last one week, shares of Myomo Inc have increased by +45.88%.

Myomo Inc's Key Ratios

Myomo Inc has a market cap of $29.70 million, indicating a price to book ratio of 0.4805 and a price to sales ratio of 0.2714.

In the last 12-months Myomo Inc’s revenue was $17.41 million with a gross profit of $10.25 million and an EBITDA of $-8612869. The EBITDA ratio measures Myomo Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Myomo Inc’s operating margin was -50.6% while its return on assets stood at -39.54% with a return of equity of -90.32%.

In Q2, Myomo Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 62%.

Myomo Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.88 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Myomo Inc’s profitability.

Myomo Inc stock is trading at a EV to sales ratio of 0.0077 and a EV to EBITDA ratio of 0.282. Its price to sales ratio in the trailing 12-months stood at 0.2714.

Myomo Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$13.30 million

Total Liabilities

$4.34 million

Operating Cash Flow

$-3008690.00

Capital Expenditure

$14973

Dividend Payout Ratio

0%

Myomo Inc ended 2024 with $13.30 million in total assets and $0 in total liabilities. Its intangible assets were valued at $13.30 million while shareholder equity stood at $8.82 million.

Myomo Inc ended 2024 with $0 in deferred long-term liabilities, $4.34 million in other current liabilities, 2110.00 in common stock, $-92441689.00 in retained earnings and $0 in goodwill. Its cash balance stood at $6.01 million and cash and short-term investments were $8.96 million. The company’s total short-term debt was $181,783 while long-term debt stood at $0.

Myomo Inc’s total current assets stands at $12.63 million while long-term investments were $102773.00 and short-term investments were $2.95 million. Its net receivables were $1.64 million compared to accounts payable of $766583.00 and inventory worth $1.34 million.

In 2024, Myomo Inc's operating cash flow was $-3008690.00 while its capital expenditure stood at $14973.

Comparatively, Myomo Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.24

52-Week High

$1.81

52-Week Low

$0.369

Analyst Target Price

$3.31

Myomo Inc stock is currently trading at $1.24 per share. It touched a 52-week high of $1.81 and a 52-week low of $1.81. Analysts tracking the stock have a 12-month average target price of $3.31.

Its 50-day moving average was $0.76 and 200-day moving average was $0.61 The short ratio stood at 0.09 indicating a short percent outstanding of 0%.

Around 1772.3% of the company’s stock are held by insiders while 1769.7% are held by institutions.