ATRI Stock Summary and Trading Ideas (Atrion | NASDAQ:ATRI)

Atrion Corp develops and manufactures products for medical applications. Its fluid-delivery products contribute the largest proportion of revenue and include valves that can hold and release controlled amounts of fluids or gases and are often used in anesthesia and oncology applications. Atrion's cardiovascular products include the MPS2 Myocardial Protection System, which delivers fluids and medications, mixes drugs, and controls temperature and pressure during open-heart surgery. The cardiovascular business also sells cardiac-surgery vacuum relief valves, inflation devices, and other products used in heart surgery. The firm's ophthalmic products include medical devices that disinfect contact lenses. Atrion generates the majority of revenue in the United States.

Atrion trades on the NASDAQ stock market under the symbol ATRI.

As of April 19, 2024, ATRI stock price climbed to $402.35 with 38,541 million shares trading.

ATRI has a beta of 1.03, meaning it tends to be more sensitive to market movements. ATRI has a correlation of 0.08 to the broad based SPY ETF.

ATRI has a market cap of $708.73 million. This is considered a Small Cap stock.

In the last 3 years, ATRI stock traded as high as $805.62 and as low as $274.98.

The top ETF exchange traded funds that ATRI belongs to (by Net Assets): VTI, IWM, VXF, SMDV, IWO.

ATRI stock has underperformed the market in the last year with a return of -32.4%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ATRI shares. However, ATRI has outperformed the market in the last 3 month and 2 week periods, returning +20.2% and -3.3%, while SPY returned +3.0% and -4.5%, respectively. This indicates ATRI has been having a stronger performance recently.

ATRI support price is $367.04 and resistance is $404.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATRI stock will trade within this expected range on the day.