MACD Oscillator Analysis for EnteroMedics Inc. (NASDAQ:ETRM)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of EnteroMedics Inc. (NASDAQ:ETRM) for the period of 9-Day stands at 50.5% while the stochastic %D for the same period stands at 50.61%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of EnteroMedics Inc. (NASDAQ:ETRM) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for EnteroMedics Inc. (NASDAQ:ETRM) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently EnteroMedics Inc. (NASDAQ:ETRM)’s 20-Day Bollinger Band indicates “Hold”.

About Company

EnteroMedics Inc. was established to develop and commercialize a new therapeutic platform for treating a wide range of acute and chronic diseases that are mediated by the vagal nerves. Due to the large unmet need for more effective surgical management of obesity, and following an in-depth analysis of how the vagus nerve affects food intake and processing, EnteroMedics has selected obesity management as its primary focus.

Previous Day Activity Analysis

On the last trading day, EnteroMedics Inc. (NASDAQ:ETRM) opened the session at $2.06 and after going down -4.74% closed at $2.01. The stock lost -0.05 points in the last trade.

EnteroMedics Inc. (NASDAQ:ETRM)’s stock fluctuated in the range of $1.96 and $2.14 during the previous active session. EnteroMedics Inc. (NASDAQ:ETRM) traded with the volume of 1.28 Million with average volume of 908.48 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 3.09 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.19 and 52.9 respectively.

Currently the Insider Ownership of the shares of EnteroMedics Inc. (NASDAQ:ETRM) is at 6.7% and the shares outstanding are 14.43 Million.

Important Ratio Analysis

Some important ratios to consider here for EnteroMedics Inc. (NASDAQ:ETRM) are discussed below:

The Price to Sale P/S and Price to Book P/B shows the value of 48.34 and 0.4 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 2.59 and 0 correspondingly.

The Quick Ratio of EnteroMedics Inc. (NASDAQ:ETRM) stands at 2.6 while the Current Ratio depicts the value of 2.9.

Return on Assets ROA of EnteroMedics Inc. (NASDAQ:ETRM) is at -123% whereas, Return on Equity ROE and Return of Investment ROI of EnteroMedics Inc. (NASDAQ:ETRM) stand at -167.7% and -786.1% respectively.

Stock Performance Analysis

The stock performance of EnteroMedics Inc. (NASDAQ:ETRM) on the basis of 5 day trade show the jump of 4.69% whereas, the monthly performance of the stock shows increase of 8.65%.

The quarterly performance of the stock remained in red zone with the value of -55.82% while six month performance of the shares of EnteroMedics Inc. (NASDAQ:ETRM) remained bearish with the count of -61.79%.

The yearly and YTD performance of EnteroMedics Inc. (NASDAQ:ETRM) remained mix at -70.4% and 0.5% respectively.