SSKN Stock Summary and Trading Ideas (Strata Skin Sciences | NASDAQ:SSKN)

Strata Skin Sciences Inc is a medical technology company engaged in developing and commercializing products for the treatment of dermatological disorders. Its primary products include the XTRAC excimer laser and VTRAC lamp systems utilized in the treatment of psoriasis, vitiligo and various other skin conditions. Its operating segment includes Dermatology Recurring Procedures which is the key revenue driver and Dermatology Procedures Equipment. The Dermatology Recurring Procedures segment derives its revenues from the usage of its equipment by dermatologists to perform XTRAC procedures. Its Dermatology Procedures Equipment segment generates revenues from the sale of equipment, such as lasers and lamp products. Geographically, it derives a majority of revenue from the United states.

Strata Skin Sciences trades on the NASDAQ stock market under the symbol SSKN.

As of January 7, 2025, SSKN stock price climbed to $3.10 with 545 million shares trading.

SSKN has a market cap of $12.93 million. This is considered a Sub-Micro Cap stock.

Last quarter Strata Skin Sciences reported $9 million in Revenue and -$.53 earnings per share. This beat revenue expectation by $257,000 and missed earnings estimates by -$.09.

In the last 3 years, SSKN traded as high as $18.20 and as low as $2.51.

The top ETF exchange traded funds that SSKN belongs to (by Net Assets): VTI, VXF.

SSKN has underperformed the market in the last year with a return of -45.9%, while SPY returned +28.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SSKN shares. However, SSKN has outperformed the market in the last 3 month and 2 week periods, returning +17.9% and +7.6%, while SPY returned +3.8% and -0.3%, respectively. This indicates SSKN has been having a stronger performance recently.

SSKN support price is $2.88 and resistance is $3.22 (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 SSKN shares will trade within this expected range on the day.