Avinger Inc Shares Close the Week 32.2% Lower - Weekly Wrap
The company saw its shares close the week 32.2% lower than last week, with trading volume higher than its 30 day average.
Jan 16, 2022 by Kwhen Finance Editors
Avinger Inc (AVGR) shares closed this week 32.2% lower than it did at the end of last week. The stock is currently down 30.7% year-to-date, down 71.9% over the past 12 months, and down 100.0% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.3%.
Trading Activity
- Shares traded as high as $0.58 and as low as $0.30 this week.
- Shares closed 88.3% below its 52-week high and 5.7% above its 52-week low.
- Trading volume this week was 15.2% higher than the 10-day average and 135.5% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 2.1.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
- The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price lags the performance of its peers in the Health Care industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Avinger Inc | -0.6 | -30.7 | -71.9 | -88.5 | 3.7 |
| Dow Jones Industrial Average | -0.6 | -1.2 | 17.8 | -3.1 | 22.0 |
| S&P 500 Index | 0.0 | -2.2 | 24.4 | -3.9 | 26.9 |
| Health Care | -0.2 | -5.7 | 12.9 | -6.8 | 19.8 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -791.7%
- The company's stock price performance over the past 12 months lags the peer average by 309.4%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Avinger Inc | AVGR | 0 | -30.7 | -71.9 | -88.5 | 3.7 |
| Peer Avg | N/A | -5.7 | 4.4 | -17.6 | -28.4 | 15.7 |
| ICU Medical, Inc. | ICUI | 42.7 | -7.3 | -0.6 | -22.1 | 19.8 |
| Glaukos Corporation | GKOS | -65.6 | 20.8 | -38.1 | -48.9 | 28.5 |
| HeartBeam Inc | BEAT | 0 | 4.2 | -31.6 | -42.4 | 14.5 |
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.
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