STXS Stock Summary and Trading Ideas (Stereotaxis | AMEX:STXS)

Stereotaxis Inc is engaged in robotic technologies designed to enhance the treatment of arrhythmias and perform endovascular procedures. The company's mission is the discovery, development, and delivery of robotic systems, instruments, and information solutions for the interventional laboratory. These innovations help physicians provide patient care with robotic precision and safety, improved lab efficiency and productivity, and enhanced integration of procedural information. The company's revenue generation is derived from the streams of Systems; Disposables, Royalty; and Sublease, of which a majority of revenue is generated from the Disposables, service and accessories stream. The company generates the majority of revenue from the United States.

Stereotaxis trades on the AMEX stock market under the symbol STXS.

As of April 16, 2024, STXS stock price declined to $2.67 with 239,525 million shares trading.

STXS has a beta of 0.91, meaning it tends to be less sensitive to market movements. STXS has a correlation of 0.02 to the broad based SPY ETF.

STXS has a market cap of $219.28 million. This is considered a Small Cap stock.

Last quarter Stereotaxis reported $5 million in Revenue and -$.07 earnings per share. This fell short of revenue expectation by $-3 million and met earnings estimates .

In the last 3 years, STXS stock traded as high as $10.30 and as low as $1.33.

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

STXS has outperformed the market in the last year with a price return of +52.6% while the SPY ETF gained +23.7%. STXS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +43.5% and +3.5%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

STXS support price is $2.58 and resistance is $2.82 (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 STXS stock will trade within this expected range on the day.