ProSomnus Reports Successful Pilot Study Validation of Next Generation Remote Patient Monitoring Device for Obstructive Sleep Apnea
About 67% of ProSomnus, Common's investor base is looking to short. The analysis of current outlook of investing in ProSomnus, Common Stock suggests that many traders are alarmed regarding ProSomnus, Common's prospects. The current market sentiment, together with ProSomnus, Common's historical and current headlines, can help investors time the market. In addition, many technical investors use ProSomnus, Common Stock stock news signals to limit their universe of possible portfolio assets.
ProSomnus, |
PLEASANTON, Calif., Feb. 22, 2024 -- ProSomnus, Inc. , the leading non-CPAP Obstructive Sleep Apnea therapy, announced results of its pilot study for the Companys Next Generation Remote Patient Monitoring device for Obstructive Sleep Apnea . Data from the pilot study demonstrated that an oximeter embedded in a precision medical device can accurately, safely, and continuously monitor SpO2. This pilot study validation represents a s
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ProSomnus, Common Fundamental Analysis
We analyze ProSomnus, Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProSomnus, Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProSomnus, Common based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
ProSomnus, Common is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
ProSomnus, Common Stock Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProSomnus, Common stock to make a market-neutral strategy. Peer analysis of ProSomnus, Common could also be used in its relative valuation, which is a method of valuing ProSomnus, Common by comparing valuation metrics with similar companies.
Peers
ProSomnus, Common Related Equities
NPCE | Neuropace | 3.11 | ||||
LIVN | LivaNova PLC | 1.71 | ||||
KIDS | Orthopediatrics Corp | 1.44 | ||||
OFIX | Orthofix Medical | 0.99 | ||||
ESTA | Establishment Labs | 0.80 | ||||
ELMD | Electromed | 0.78 | ||||
AORT | Artivion | 0.20 | ||||
IRMD | Iradimed | 0.02 | ||||
CVRX | CVRx | 0.08 | ||||
CNMD | CONMED | 0.44 | ||||
ITGR | Integer Holdings | 0.48 | ||||
ANIK | Anika Therapeutics | 1.25 | ||||
SRDX | SurModics | 1.26 | ||||
TMCI | Treace Medical | 2.08 | ||||
LUNG | Pulmonx Corp | 6.51 |
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Other Consideration for investing in ProSomnus, Stock
If you are still planning to invest in ProSomnus, Common Stock check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ProSomnus, Common's history and understand the potential risks before investing.
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