Myomo Inc Stock Price History

MYO Stock  USD 5.22  0.05  0.95%   
Below is the normalized historical share price chart for Myomo Inc extending back to June 12, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Myomo stands at 5.22, as last reported on the 29th of November, with the highest price reaching 5.39 and the lowest price hitting 5.08 during the day.
IPO Date
12th of June 2017
200 Day MA
3.811
50 Day MA
4.1808
Beta
1.555
 
Covid
If you're considering investing in Myomo Stock, it is important to understand the factors that can impact its price. Myomo appears to be relatively risky, given 3 months investment horizon. Myomo Inc has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Myomo's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Myomo's Downside Deviation of 3.86, mean deviation of 2.75, and Risk Adjusted Performance of 0.0998 to check out if our risk estimates are consistent with your expectations.
  
At this time, Myomo's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Common Stock is likely to grow to 2,851, while Total Stockholder Equity is likely to drop about 4.9 M. . At this time, Myomo's Price Book Value Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Book Ratio is likely to grow to 17.26, while Price To Sales Ratio is likely to drop 7.30. Myomo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1412

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Estimated Market Risk

 3.79
  actual daily
33
67% of assets are more volatile

Expected Return

 0.54
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Myomo is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Myomo by adding it to a well-diversified portfolio.
Price Book
16.9907
Enterprise Value Ebitda
(0.82)
Price Sales
6.2555
Shares Float
15.3 M
Wall Street Target Price
7.3333

Myomo Stock Price History Chart

There are several ways to analyze Myomo Stock price data. The simplest method is using a basic Myomo candlestick price chart, which shows Myomo price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 26, 20245.27
Lowest PriceOctober 31, 20243.66

Myomo November 29, 2024 Stock Price Synopsis

Various analyses of Myomo's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Myomo Stock. It can be used to describe the percentage change in the price of Myomo from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Myomo Stock.
Myomo Price Action Indicator(0.04)
Myomo Price Daily Balance Of Power(0.16)
Myomo Price Rate Of Daily Change 0.99 

Myomo November 29, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Myomo Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Myomo intraday prices and daily technical indicators to check the level of noise trading in Myomo Stock and then apply it to test your longer-term investment strategies against Myomo.

Myomo Stock Price History Data

The price series of Myomo for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 1.61 with a coefficient of variation of 11.27. The daily prices for the period are spread out with arithmetic mean of 4.13. The median price for the last 90 days is 3.95. The company underwent 1:30 stock split on 31st of January 2020. Myomo Inc issued dividends to stockholders on 2020-01-31.
OpenHighLowCloseVolume
11/29/2024
 5.25  5.39  5.08  5.22 
11/27/2024 5.25  5.39  5.08  5.22  186,749 
11/26/2024 5.10  5.29  5.03  5.27  178,883 
11/25/2024 5.16  5.30  5.01  5.13  150,067 
11/22/2024 4.76  5.17  4.76  5.09  430,954 
11/21/2024 4.93  4.93  4.68  4.80  96,670 
11/20/2024 4.85  5.15  4.72  4.92  201,009 
11/19/2024 4.76  5.02  4.76  4.93  239,894 
11/18/2024 4.63  4.74  4.56  4.74  83,563 
11/15/2024 4.78  4.78  4.60  4.66  193,070 
11/14/2024 4.70  4.85  4.50  4.85  291,733 
11/13/2024 4.97  5.05  4.71  4.72  122,379 
11/12/2024 4.88  4.99  4.69  4.99  291,997 
11/11/2024 4.69  5.11  4.65  4.90  233,846 
11/08/2024 5.00  5.35  4.78  4.81  328,531 
11/07/2024 4.30  5.24  4.21  5.02  700,561 
11/06/2024 4.08  4.24  3.95  4.18  310,852 
11/05/2024 3.86  4.05  3.80  3.96  184,068 
11/04/2024 3.69  3.94  3.68  3.83  85,000 
11/01/2024 3.67  3.83  3.66  3.74  128,036 
10/31/2024 3.85  3.88  3.59  3.66  272,753 
10/30/2024 3.92  3.92  3.82  3.92  61,751 
10/29/2024 3.96  4.00  3.90  3.92  35,986 
10/28/2024 3.77  4.00  3.75  3.95  150,450 
10/25/2024 3.81  3.81  3.75  3.76  17,700 
10/24/2024 3.77  3.80  3.69  3.77  44,855 
10/23/2024 3.70  3.80  3.67  3.75  75,443 
10/22/2024 3.65  3.76  3.65  3.73  78,708 
10/21/2024 3.73  3.76  3.63  3.72  101,418 
10/18/2024 3.80  3.87  3.70  3.77  75,583 
10/17/2024 3.96  3.99  3.78  3.78  93,095 
10/16/2024 3.85  3.97  3.83  3.95  101,108 
10/15/2024 3.91  4.00  3.81  3.87  82,841 
10/14/2024 3.91  4.05  3.81  3.88  199,013 
10/11/2024 3.81  3.92  3.78  3.87  151,177 
10/10/2024 3.85  3.86  3.78  3.82  119,603 
10/09/2024 3.93  3.93  3.74  3.88  194,358 
10/08/2024 3.81  3.99  3.81  3.93  141,358 
10/07/2024 4.02  4.05  3.80  3.80  61,772 
10/04/2024 4.04  4.04  3.90  4.02  79,745 
10/03/2024 3.90  4.06  3.87  3.98  64,999 
10/02/2024 3.90  3.99  3.85  3.95  60,332 
10/01/2024 3.91  3.99  3.77  3.89  91,260 
09/30/2024 3.86  4.04  3.80  4.01  84,602 
09/27/2024 3.74  3.98  3.71  3.90  99,187 
09/26/2024 3.80  3.87  3.70  3.71  141,194 
09/25/2024 3.78  3.86  3.71  3.82  122,566 
09/24/2024 3.91  3.95  3.71  3.71  57,560 
09/23/2024 3.93  4.05  3.84  3.84  81,391 
09/20/2024 3.81  3.91  3.75  3.89  145,911 
09/19/2024 3.95  3.99  3.82  3.83  184,307 
09/18/2024 4.02  4.04  3.80  3.80  262,002 
09/17/2024 4.11  4.11  3.90  3.93  157,908 
09/16/2024 4.02  4.08  3.88  4.01  105,890 
09/13/2024 4.10  4.21  4.00  4.04  121,667 
09/12/2024 4.07  4.15  3.98  4.10  217,247 
09/11/2024 3.98  4.22  3.93  4.08  183,839 
09/10/2024 3.97  4.02  3.88  3.97  102,866 
09/09/2024 3.77  4.07  3.70  4.00  263,871 
09/06/2024 3.80  3.87  3.70  3.75  83,454 
09/05/2024 3.73  3.89  3.73  3.77  111,203 

About Myomo Stock history

Myomo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Myomo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Myomo Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Myomo stock prices may prove useful in developing a viable investing in Myomo
Last ReportedProjected for Next Year
Common Stock Shares Outstanding29.5 M31 M
Net Loss-9.6 M-10.1 M

Myomo Quarterly Net Working Capital

7.71 Million

Myomo Stock Technical Analysis

Myomo technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Myomo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Myomo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Myomo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Myomo's price direction in advance. Along with the technical and fundamental analysis of Myomo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Myomo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Myomo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Myomo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Myomo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Myomo Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myomo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myomo. If investors know Myomo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myomo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
0.835
Quarterly Revenue Growth
0.813
Return On Assets
(0.31)
Return On Equity
(0.83)
The market value of Myomo Inc is measured differently than its book value, which is the value of Myomo that is recorded on the company's balance sheet. Investors also form their own opinion of Myomo's value that differs from its market value or its book value, called intrinsic value, which is Myomo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myomo's market value can be influenced by many factors that don't directly affect Myomo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myomo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Myomo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myomo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.