Silk Road Medical Celebrates Milestone of 100,000 Transcarotid Artery Revascularization Procedures

SILKDelisted Stock  USD 27.49  0.00  0.00%   
About 56% of Silk Road's investor base is looking to short. The analysis of current outlook of investing in Silk Road Medical suggests that many traders are alarmed regarding Silk Road's prospects. Silk Road's investing sentiment shows overall attitude of investors towards Silk Road Medical.
  
Studied across thousands of patients and supported by hundreds of clinical publications, the TCAR pioneer has continually delivered positive outcomes through minimally invasive techniques SUNNYVALE, Calif., July 30, 2024 -- Silk Road Medical, Inc. , a leading minimally invasive medical device company focused on reducing the risk and impact of stroke, today announced the milestone that more than 100,000 TCAR procedures have been performed to date. Since

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Silk Road Fundamental Analysis

We analyze Silk Road's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Silk Road using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Silk Road 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.

Return On Asset

Return On Asset Comparative Analysis

Silk Road is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Silk Road Medical 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 Silk Road stock to make a market-neutral strategy. Peer analysis of Silk Road could also be used in its relative valuation, which is a method of valuing Silk Road by comparing valuation metrics with similar companies.

Peers

Silk Road Related Equities

FNAParagon 28   5.81   
0%
100.0%
RXSTRxsight   4.25   
0%
73.0%
TMDXTransMedics   3.89   
0%
66.0%
NPCENeuropace   3.40   
0%
58.0%
SIBNSi Bone   2.44   
0%
41.0%
LIVNLivaNova PLC   2.07   
0%
35.0%
KIDSOrthopediatrics Corp   0.73   
0%
12.0%
TMCITreace Medical   0.38   
0%
6.0%
OFIXOrthofix Medical   0.63   
10.0%
0%
AXGNAxogen   2.25   
38.0%
0%
NARIInari Medical   2.51   
43.0%
0%
SGHTSight Sciences   2.51   
43.0%
0%
LUNGPulmonx Corp   3.53   
60.0%
0%
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Other Consideration for investing in Silk Stock

If you are still planning to invest in Silk Road Medical 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 Silk Road's history and understand the potential risks before investing.
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