Earnings is just around the corner for SeaSpine Holdings Corporation (:SPNE) as the firm is slated to issue their report on 1/9/2017 4:30:00 PM. The firm has most recently posted quarter over quarter growth of 34.00% and sales growth of -3.10% quarter over quarter.
In terms of the trend lines, SeaSpine Holdings Corporation (:SPNE) shares are currently -53.72% off of their 52-week high and 17.72% off from the 52-week low point. The stock is -27.09% from the 200-day moving average and -2.98% from the 50-day average. The Relative Strength Index for the stock stands at 48.41.
Increased volatility should be expected heading into and immediately after the SeaSpine Holdings Corporation (:SPNE) earnings report. According to the most recent data, the average true range stands at 0.45 which is a measure of the most recent volatility. The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low). The average volatility for the week stands at 7.75% and 5.73% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.50.
So is there any potential upside for the stock if SeaSpine Holdings Corporation is able to meet or beat earnings? Analysts, on a consensus basis have a $22.00 on the stock, compared to a recent bid of $7.53. The average broker recommendation yields a score of 2.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.
Heading into the earnings report, 1.30% shares are held by company insiders. On the institutional front, 64.50% of SeaSpine Holdings Corporation (:SPNE) are owned by firms or funds. Over the past few months, insider transactions have trended 23.81% while institutions saw a change of 0.08% in company stock.
Year to date, SeaSpine Holdings Corporation (:SPNE) holders have seen returns of -9.37%. Over the past month the stock moved -1.92% and most recently shares over the past five trading days have moved -8.56%.