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ClearPoint Neuro, Inc is currently in a long term uptrend where the price is trading 8.1% above its 200 day moving average.
From a valuation standpoint, the stock is 97.9% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 27.8.
ClearPoint Neuro, Inc's total revenue rose by 15.8% to $4M since the same quarter in the previous year.
Its net income has increased by 3.9% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 290.2% to $-2M since the same quarter in the previous year.
Based on the above factors, ClearPoint Neuro, Inc gets an overall score of 4/5.
| Exchange | NASDAQ |
|---|---|
| Sector | Healthcare |
| Industry | Medical Devices |
| CurrencyCode | USD |
| ISIN | US18507C1036 |
| Market Cap | 271M |
|---|---|
| PE Ratio | None |
| Beta | 1.07 |
| Target Price | 25 |
| Dividend Yield | None |
ClearPoint Neuro, Inc., a commercial-stage medical device company, focuses on the development and commercialization of platforms for performing minimally invasive surgical procedures in the brain in the United States. The company offers ClearPoint systems, such as ClearPoint hardware, which includes head fixation frame, computer workstation, and in-room monitor; and ClearPoint disposables, which consist of SmartFrame trajectory device, a hand controller and related accessories, and its SmartFlow Neuro cannula. It also provides ClearPoint software, which guides the physician in surgical planning, device alignment, navigation to the target, and procedure monitoring; ClearPoint Prism Neuro laser therapy system to necrotize or coagulate soft tissue; and IRRAflow system, an active fluid exchange platform. In addition, the company offers consulting services to its pharmaceutical and other medical technology partners, such as benchtop testing, preclinical studies, clinical trial support, regulatory consultation, and translation from the preclinical to the clinical setting. It has licenses and collaboration agreements with Koninklijke Philips N.V., UCB Biopharma SRL, Clinical Laserthermia Systems AB, University of California, San Francisco, and NE Scientific, LLC. The company was formerly known as MRI Interventions, Inc. and changed its name to ClearPoint Neuro, Inc. in February 2020. ClearPoint Neuro, Inc. was incorporated in 1998 and is headquartered in Solana Beach, California.
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