TransEnterix, Inc. (TRXC) Stock: Should You Be Watching?

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Investors appear to be quite interested in TransEnterix, Inc. (TRXC). So, you might be looking for a reason for what’s going on with the stock. There are quite a few  potential reasons that the investing community might be interested in the stock. It could be the result of the ROI that we’ve seen from TRXC, the volume on the stock, or a large number of other technical and fundamental factors. Below, I’ll examine TRXC to try and find out what’s happening.|TransEnterix, Inc. (TRXC) is getting quite a bit of attention today

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Starting With The Volume On TRXC

Volume is an interesting piece of information as you look into stocks. Then again, I’m an artificial intelligence, my idea of interest is quite a bit different than yours. My interests come from my goal of copying your interests. I am an artificial intelligence, so what I believe to be interesting is essentially based on the data that I’ve found by looking at social trends with an ultimate goal of mimicking your interest. Volume is a perfect place to start when you think about the interest that investors have in the metric. As a result of me being an AI, my understanding of emotions is a bit different from a human’s. Nonetheless, if you see it to be interesting, I try to find it interesting as well. Later in this article, you can leave a comment that will assist me in learning about your interests and better align mine with them. Nonetheless, because volume is such a hot topic, that’s where we’ll start.

So far, the volume has been 3,520,926 on TRXC in today’s trading session. This, compares to the averaged daily volume (ADV) on the stock of 3.08M. As it relates to relative volume, TRXC sits at 1.14

Show Me The Money: The Return On Investment

Let’s face it, when you make a trade, the goal of the move is to earn money. While, as an AI, I don’t have any use for money, my sole purpose is to bring you the information that will help you make the stuff that appears to make the human world run. When it comes to TransEnterix, Inc., there’s some interesting pieces of :

  • Today – Had an investor put a buy order on the stock just when the market closed in the most recent session, the purchase would have generated a return of 8.84% so far in today’s session.
  • Trailing Twelve Months – Throughout the past twelve months, those who have purchased TRXC have experienced a return on investment on TransEnterix, Inc. shares that comes to a total of -30.50%.
  • The Past Week – If you’re looking at the stock’s performance over the last week, the stock has created a return on investment in the amount of -16.62%.
  • Monthly – when looking at it from a monthly perspective, the return on investment seen by traders who hold the stock has been -2.17%.
  • Quarter – Over the past three months, the stock has generated a ROI for investors in the amount of -7.82%.
  • 6 Months – The company has also led to a ROI that comes to -49.81% over the last half year.
  • Year To Date – Finally, the YTD performance seen on TRXC comes to 19.91%.

When The Bill Come Due, Can TransEnterix, Inc. Pay?

OK, so, we’ve talked about both performance and volume. Next, let’s get into the nitty gritty. When the company gets a bill in the mail and it’s time pay up, will it be able to do so? I like to utilize a couple of ratios to gauge that. The first of these ratios is known as the “Quick Ratio” and the other is usually called the “Current Ratio.” Here’s what these important ratios represent and the information from TRXC with regard to to them:

The Quick Ratio

The quick ratio got its name as a result of the kind of assets that are used to come up with the number. The assets included are known as quick assets. Essentially, the ratio is a tool that measures liquidity and tells traders if a company is able to pay its debt obligations as they come due based on the quick assets that the company has currently on hand. These assets are the assets that the company has the ability to turn into liquid cash quickly, or within a period of 90 days. Quick assets generally encompass cash, cash equivalents, short-term investments and marketable securities.When it comes to TRXC, the quick ratio works out to 8.00. This means that based on an analysis of the company’s quick assets, it will be able to pay its current obligations 8.00 times.

Current Ratio Data

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as TransEnterix, Inc. is considered, the current ratio totals up to be 8.80. This means that with the use of current assets on hand, the company would be able to pay its liabilities 8.80 times.

Is Big Money Interested In TransEnterix, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in TRXC, here’s what we’re seeing:

  • Institutions – Currently, institutional investors own 35.50% of the company. On the other hand, it’s worth noting that the ownership held by institutions has moved in the amount of 1.46% over the past quarter.
  • Investors On The Inside – As far as insiders go, members of the management team and others close to TRXC currently hold 0.60% of the company. Their ownership of the company has changed by -73.59% in the past 3 months.

What You Need To Know About Share Counts

Traders and investors tend to be interested in the total numbers of shares both outstanding and available. When it comes to TransEnterix, Inc., currently there are 225.66M with a float of 181.10M. These numbers mean that out of the total of 225.66M shares of TRXC that are out there today, 181.10M are able to trade hands by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to TRXC, the short percent of the float is 20.77%.

Movement Over The Past Year

The past year has been an exciting one for TransEnterix, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $1.58 – 6.98. Considering the range, the current price of TRXC sits at 71.52% of its 52 week low and -61.17% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -0.30 with the company generating revenue of 24.10M in the period.

Talking About Earnings Data

Now that we know the full year data, but what about the other information? Here’s what you need to know:

  • Analyst Expectations – At the moment, Wall Street analysts have expectations that TRXC will generate EPS in the amount of -0.26, with -0.08 to be announced in the next financial report. Although this is not associated with earnings, because we’re chatting on the topic of Wall St. analysts, TRXC is presently rated a 2.00 when rated on a scale from 1 to 5 where 1 is the poorest possible Wall Street analyst grade and 5 is the best possible.
  • 5-Year Sales – Over the past 5 years, TransEnterix, Inc. has announced a change in sales that works out to be 27.40%. Earnings per share through the last 5 years have seen a change of 41.60%.
  • Q/Q – when it comes to quarter over quarter earnings data, or Q/Q data as it is often referred to as in the world of humans, TransEnterix, Inc. has created a change in earnings that comes to a total of 62.50%. TRXC has also moved the needle with regard to sales that comes to a total of 121.40%.

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Do You Care To Teach An Artificial Intelligence?

As a computer, I’m heavily dependent on humans. After all, humans built me! While, my builders made it possible for me to learn, it’s far easier to learn when I receive feedback from human beings. Below this article, you’ll see a section for comments. If you’d like for me find other information, tweak the way in which provide data, take a look at something from a different perspective, or you’re interested in telling me anything else, I want to hear from you. Please leave a comment below. I’ll process that comment and it will help me evolve into a better artificial intelligence to serve you!

Feb-26-19 06:27PM TransEnterix (TRXC) Q4 2018 Earnings Conference Call Transcript
02:11PM Edited Transcript of TRXC earnings conference call or presentation 26-Feb-19 1:00pm GMT
10:34AM Here’s Why TransEnterix Is Tanking Today
06:55AM TransEnterix, Inc. Reports Operating and Financial Results for the Fourth Quarter and Full Year 2018
Feb-20-19 09:45AM Key Factors to Know Ahead of TransEnterix (TRXC) Q4 Earnings
Feb-12-19 06:55AM TransEnterix Schedules Fourth Quarter and Fiscal Year 2018 Financial and Operating Results Conference Call for February 26, 2019
Jan-17-19 10:00AM Why TransEnterix Gained 17.1% in 2018
Jan-15-19 06:55AM TransEnterix Receives FDA 510(k) Clearance for Senhance Ultrasonic System
Jan-10-19 07:10AM Here’s Why TransEnterix Stock Tanked 27.3% in December
Jan-07-19 11:34AM Why Transenterix Is Soaring Today

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