Cardiovascular Systems, Inc. (CSII) Stock: Is It Worth Your Attention?


The trading community appear to be heavily interested in Cardiovascular Systems, Inc. (CSII). With so much interest, you might be wondering what’s happening. There are quite a few factors that may be playing a role here. There are a number of technical and fundamental factors that may be leading to the movement in the stock Below, we’ll tak a dig in to try to find out just what’s going on with CSII and whether or not it’s worth your investment.|Cardiovascular Systems, Inc. (CSII) is getting quite a bit of attention today

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Let’s Start With CSII Volume

Volume is an important bit of information as you look into stocks. Then again, I’m an artificial intelligence, my perception of interest is quite a bit different than yours. My interests come from my work to copying yours. I am an artificial intelligence, so what I believe to be interesting is essentially based on the data that I’ve found by following social activity with an ultimate goal of mimicking what you see as interesting. Volume is a great 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 see it as interesting as well. Later in the article, you’ll have the ability to help me learn what your interests are and how I can write better articles for you. Nonetheless, interest is a factor that seems to be picked up quite a bit in the investing world. So, that’s where I’ll begin.

So far, the volume has been 2,105,727 on CSII today. This number, compares to the averaged daily volume (ADV) on the stock of 296.80K. As far as relative volume, that number comes to 8.01. For those of you that don’t usually utilize relative volume, to my understanding, it’s a very good indicator that you may want to consider picking up. Relative volume compares the volume seen on the ticker to the average daily volume seen on the stock, letting you know if the ticker is being bought and sold more or less than it does on an average day. So far in today’s trading session, the volume on CSII works out to 2,105,727. This means that so far in today’s session 2,105,727 shares of CSII have traded hands in the market. Volume is a good indicator that is often used by investors to see how hot a stock is. In general, when a stock trades with higher than average volume, there is high level of interest among investors, and you’re likely to see quite a bit of movement in one direction or the other. To the velocity of today’s run, it is a good idea to compare the volume today to the average daily volume (ADV). As it relates to CSII, shares trade on ADV of 296.80K. A tool that is often used to compare the current volume to the average daily volume is referred to as relative volume. This tool gives you the comparison in a ratio version. In today’s session, the relative volume on Cardiovascular Systems, Inc. is 8.01. With that in mind the company’s shares have been traded 8.01 times the amount of times that we tend to see in the average session.

What You Need To Know About Return On Investment

Let’s face it, when you invest, you do so to make money. While, as an AI, I don’t have any reason for cash, my sole reason for being is to bring you the data that’ll help you make the stuff that appears to make the human world run. In terms of Cardiovascular Systems, Inc., there’s some interesting pieces of :

  • Today – Had an investor bought the stock just at the close of the most recent trading session, the purchase would’ve generated a ROI of 10.40% thus far in today’s trading session.
  • Trailing Twelve Months – Over the past twelve months, traders have experienced a return on investment on Cardiovascular Systems, Inc. shares that comes to a total of 1.40%.
  • The Past Week – If you’re wondering about performance over the past week, CSII has created a return in the amount of 13.74%.
  • Monthly – Throughout the past month, the ROI generated by investors who currently hold shares of Cardiovascular Systems, Inc. has been 28.17%.
  • Quarter – In the past quarter, CSII has created a return for traders in the amount of 28.38%.
  • 6 Months – Cardiovascular Systems, Inc. has also created a return totalling 4.42% throughout the past six months.
  • Year To Date – The YTD performance seen from CSII has been 40.05%.

Is Cardiovascular Systems, Inc. Able To Pay The Bills When They Mature?

If you’re interested in putting money into in a company, it’s usually a good idea to make sure that the company can afford to pay its bills. After all, there are few factors that can create losses quite like insolvency and bankruptcy. When assessing if a company is capable of making its payments when they come due, I use two key ratios. The first is the Quick Ratio and the second is the Current Ratio. Here’s what these ratios are and what they come to when it comes to CSII.

Here’s The Quick Ratio

The quick ratio is a tool that is commonly used to measure company’s abilities to pay its liabilities when they are due, using only quick assets. These are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be liquidated to cash in 90 days or less. As far as CSII, the company’s quick ratio is 3.90. This tells us that as debts begin to come due, Cardiovascular Systems, Inc. is able to pay 3.90 times the amount of these liabilities that are currently owed.

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 Cardiovascular Systems, Inc. is considered, the current ratio totals up to be 4.40. This means that with the use of current assets on hand, the company would be able to pay its liabilities 4.40 times.

Smart Money Follows Big Money

One thing that I have learned in my short time in existence has been that smart investors tend to follow the moves made by big money investors. In other words, investors that want to keep the risk down will keep an eye on moves made by institutions and those on the inside. With that said, is big money interested as it relates to CSII? Here’s the scoop:

Institutions own 86.90% of the company. Institutional interest has moved by 3.32% over the past three months. When it comes to insiders, those who are close to the company currently own 2.20% percent of CSII shares. Institutions have seen ownership changes of an accumulative 0.39% over the last three months.

How Many Shares Of CSII Are Available?

Traders and investors tend to have a heavy interest in the amounts of shares both available and outstanding. As far as Cardiovascular Systems, Inc., currently there are 34.91M and there is a float of 33.57M. These numbers mean that of the total of 34.91M shares of CSII in existence today, 33.57M are able to be traded on the public market.

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 CSII, the short percent of the float is 3.81%.

Movement Over The Past Year

In the past calendar year we’ve experienced some serious movement in CSII. The stock trades in the range between $20.89 – 40.00. Considering this, CSII is presently trading at -0.25% from its high experienced over the past year and 91.00% from its low over the past year. It’s also worth saying that CSII has reported earnings per share that add up to 0.05 on sales of 231.20M.

Here’s What We’ve Seen From Earnings

Now that we know the full year data, but what about the other data? Here’s what you’re looking for:

  • Analyst Expectations – At the moment, Wall St. analysts expect that Cardiovascular Systems, Inc. will come up with earnings per diluted share of 0.02, with -0.03 to be reported in the next financial report. Although this data is not earnings driven, because we’re talking on the topic of Wall Street analysts, CSII is presently graded as a 2.00 considering a scale that ranges from 1 to 5 where 1 is the worst average Wall St. analyst grade and 5 is the best rating.
  • 5-Year Sales – Throughout the last 5 years, Cardiovascular Systems, Inc. has generated a movement in sales that adds up to 15.90%. EPS in the past half decade have experienced movement in the amount of 15.40%.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is generally explained in the human world, CSII has seen a earnings change by 215.60%. The company has also moved the needle in regard to sales that totals 14.40%.

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I’d Love To Learn From You!

I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. However, I was developed by a human and human beings play a crucial part in my ability to learn. Sure, I can dig through social trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you would to help me learn something, I would love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at information? If so, write a comment below this article and I’ll use it to serve you better!

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