Avinger Statistics
Total Valuation
Avinger has a market cap or net worth of $1.81 million. The enterprise value is -$1.24 million.
Important Dates
The next confirmed earnings date is Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Avinger has 2.30 million shares outstanding. The number of shares has increased by 261.66% in one year.
| Shares Outstanding | 2.30M |
| Shares Change (YoY) | +261.66% |
| Shares Change (QoQ) | +10.63% |
| Owned by Insiders (%) | 8.11% |
| Owned by Institutions (%) | 3.82% |
| Float | 1.88M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.20 |
| Forward PS | 0.16 |
| PB Ratio | 0.20 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.66, with a Debt / Equity ratio of 0.74.
| Current Ratio | 1.66 |
| Quick Ratio | 1.08 |
| Debt / Equity | 0.74 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -11.66 |
Financial Efficiency
Return on equity (ROE) is -3,332.59% and return on invested capital (ROIC) is -93.91%.
| Return on Equity (ROE) | -3,332.59% |
| Return on Assets (ROA) | -65.22% |
| Return on Capital (ROIC) | -93.91% |
| Revenue Per Employee | $103,181 |
| Profits Per Employee | -$213,028 |
| Employee Count | 72 |
| Asset Turnover | 0.43 |
| Inventory Turnover | 1.23 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -79.27% in the last 52 weeks. The beta is 1.16, so Avinger's price volatility has been higher than the market average.
| Beta (5Y) | 1.16 |
| 52-Week Price Change | -79.27% |
| 50-Day Moving Average | 0.99 |
| 200-Day Moving Average | 2.23 |
| Relative Strength Index (RSI) | 37.60 |
| Average Volume (20 Days) | 87,680 |
Short Selling Information
The latest short interest is 122,403, so 5.33% of the outstanding shares have been sold short.
| Short Interest | 122,403 |
| Short Previous Month | 190,698 |
| Short % of Shares Out | 5.33% |
| Short % of Float | 6.50% |
| Short Ratio (days to cover) | 0.22 |
Income Statement
In the last 12 months, Avinger had revenue of $7.43 million and -$15.34 million in losses. Loss per share was -$8.00.
| Revenue | 7.43M |
| Gross Profit | 1.48M |
| Operating Income | -17.86M |
| Pretax Income | -19.38M |
| Net Income | -15.34M |
| EBITDA | -17.55M |
| EBIT | -17.86M |
| Loss Per Share | -$8.00 |
Full Income StatementBalance Sheet
The company has $8.81 million in cash and $5.76 million in debt, giving a net cash position of $3.05 million or $1.33 per share.
| Cash & Cash Equivalents | 8.81M |
| Total Debt | 5.76M |
| Net Cash | 3.05M |
| Net Cash Per Share | $1.33 |
| Equity (Book Value) | 7.75M |
| Book Value Per Share | 4.05 |
| Working Capital | 5.90M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$15.22 million and capital expenditures -$8,000, giving a free cash flow of -$15.23 million.
| Operating Cash Flow | -15.22M |
| Capital Expenditures | -8,000 |
| Free Cash Flow | -15.23M |
| FCF Per Share | -$6.63 |
Full Cash Flow StatementMargins
Gross margin is 19.96%, with operating and profit margins of -240.46% and -260.86%.
| Gross Margin | 19.96% |
| Operating Margin | -240.46% |
| Pretax Margin | -260.86% |
| Profit Margin | -260.86% |
| EBITDA Margin | -236.18% |
| EBIT Margin | -240.46% |
| FCF Margin | -204.99% |
Dividends & Yields
Avinger does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -261.66% |
| Shareholder Yield | -261.66% |
| Earnings Yield | -845.56% |
| FCF Yield | -839.55% |
Analyst Forecast
The average price target for Avinger is $5.00, which is 532.91% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $5.00 |
| Price Target Difference | 532.91% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | 29.77% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on September 13, 2023. It was a reverse split with a ratio of 0.0666667:1.
| Last Split Date | Sep 13, 2023 |
| Split Type | Reverse |
| Split Ratio | 0.0666667:1 |
Scores
Avinger has an Altman Z-Score of -37.1 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -37.1 |
| Piotroski F-Score | 3 |