Home Sectors Healthcare Recent Movement: Surmodics (NASDAQ: SRDX)

Recent Movement: Surmodics (NASDAQ: SRDX)


Surmodics trades as part of the medical diagnostics and research industry and is in the healthcare sector. The company CEO is Gary Maharaj. Surmodics Inc is a provider of surface modification and in vitro diagnostic technologies to the healthcare industry.

Previous Intraday Trading Performance:

The SRDX stock showed a previous change of 0.23% with an open at 51.86 and a close of 51.98. It reached an intraday high of 52.79 and a low of 50.72.

Business Wire:  Surmodics to Host Virtual Annual Meeting of Shareholders


The stock has a market cap of $700.9m with 13.5m shares outstanding, of which the float is 9.9m shares. Trading volume reached 106,733 shares compared to its average volume of 89,717 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Surmodics shares returned -0.44% and in the past 30 trading days it returned 8.81%. Over three months, it changed -18.09%. In one year it has changed 72.98% and within that year its 52-week high was 82.35 and its 52-week low was 25.00. SRDX stock is 107.92% above its 52 Week Low.

Our calculations show a 200 day moving average of 58.56 and a 50 day moving average of 52.19. Currently SRDX stock is trading -11.23% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Surmodics to Host Virtual Annual Meeting of Shareholders


The last annual fiscal EPS for the company was reported at -0.34 that ended on 30th of September 2018. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.01. The TTM EPS is 0.49, which comes to a TTM PE of 106.08.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.12
09-30-2018:  0.05
06-30-2018:  0.27
03-31-2018:  0.07

Base on our calculations, the intrinsic value per share is 11.38, which means it may be overvalued by -356.92%

Indicators to Watch:

Based on the latest filings, there is 121.80% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.33

SeekingAlpha:  Technology – Top 5 Gainers / Losers as of 3.05 PM (08/23/2018)

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -1.45%, return on assets is -1.14%, profit margin is -2.16%, price-to-sales is 8.96 and price-to-book is 6.20.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 0  :Past Performance Score
 6  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.