EDAP Stock Summary and Trading Ideas (Edap Tms S.A. - American Depositary Shares Each Representing One Ordinary Share | NASDAQ:EDAP)

Edap TMS SA is a holding company operating in three divisions namely, HIFU (High-Intensity Focused Ultrasound), ESWL (Extracorporeal ShockWave Lithotripsy), and Distribution. The HIFU division develops, manufactures, and markets devices for the invasive destruction of certain types of tumors using HIFU technology. It markets three HIFU devices: the Ablatherm, Ablatherm Fusion, and the Focal One. The ESWL division is engaged in the manufacturing, marketing, and servicing of its installed base of Sonolith range of lithotripters. The Distribution division markets products that are complementary to its global activity such as lasers, micro-ultrasound systems, and other medical products from third parties. Its geographical segments are Asia, France, United States, and Others.

Edap Tms S.A. - American Depositary Shares Each Representing One Ordinary Share trades on the NASDAQ stock market under the symbol EDAP.

As of April 24, 2024, EDAP stock price declined to $6.84 with 46,607 million shares trading.

EDAP has a beta of 0.73, meaning it tends to be less sensitive to market movements. EDAP has a correlation of 0.02 to the broad based SPY ETF.

EDAP has a market cap of $253.79 million. This is considered a Small Cap stock.

Last quarter Edap Tms S.A. - American Depositary Shares Each Representing One Ordinary Share reported $21 million in Revenue and -$.15 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.10.

In the last 3 years, EDAP stock traded as high as $12.65 and as low as $3.60.

The top ETF exchange traded funds that EDAP belongs to (by Net Assets): APIE.

EDAP has underperformed the market in the last year with a price return of -36.3% while the SPY ETF gained +24.1%. However, in the short term, EDAP had mixed performance relative to the market. It has outperformed in the last 3 months, returning +9.1% vs +4.5% return in SPY. But in the last 2 weeks, EDAP shares have been beat by the market, returning -17.3% compared to an SPY return of -1.7%.

EDAP support price is $6.90 and resistance is $7.28 (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 EDAP stock will trade within this expected range on the day.