IsoRay Inc. (AMEX:ISR) previous close was $0.60 while the outstanding shares total 67.56M. The firm has a beta of 1.83. ISR’s shares traded lower over the last trading session, losing -2.98% on 06/26/20. The shares fell to a low of $0.57 before closing at $0.58. Intraday shares traded counted 0.33 million, which was 29.82% higher than its 30-day average trading volume of 476.74K. The stock’s Relative Strength Index (RSI) is 32.54, with weekly volatility at 6.49% and ATR at 0.04. The ISR stock’s 52-week price range has touched low of $0.29 and a $1.06 high.
Investors have identified the Medical Instruments & Supplies company IsoRay Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $40.59 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
IsoRay Inc. (ISR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For ISR, the company has in raw cash 2.4 million on their books with 0.23 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 5719000 million total, with 1744000 million as their total liabilities.
ISR were able to record -3.04 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by -2.92 million. In cash movements, the company had a total of -2.79 million as operating cash flow.
Potential earnings growth for IsoRay Inc. (ISR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, IsoRay Inc. recorded a total of 2.88 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 33.19% coming in sequential stages and their sales for the third quarter increasing by 23.4%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.17 million trying to sell their products during the last quarter, with the result yielding a gross income of 1.71 million. This allows shareholders to hold on to 67.56M with the revenue now reading -0.01 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-0.01 cents a share).
Having a look at the company’s valuation, the company is expected to record -0.08 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ISR sounds very interesting.
Is the stock of ISR attractive?
In related news, VP of Sales & Marketing, Krachon Michael bought 50,000 shares of the company’s stock in a transaction that recorded on Nov 20. The purchase was performed at an average price of 0.39, for a total value of 19,495. As the purchase deal closes, the Chief R&D Officer, Cavanagh William now bought 10,000 shares of the company’s stock, valued at 3,900. Also, CEO, Woods Lori A bought 25,000 shares of the company’s stock in a deal that was recorded on Nov 15. The shares were cost at an average price of 0.39 per share, with a total market value of 9,745. Following this completion of disposal, the CEO, Woods Lori A now holds 125,000 shares of the company’s stock, valued at 49,550. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.85%.