Senseonics Holdings, Inc. (SENS) Stock: Why It’s Down

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Senseonics Holdings, Inc. (SENS) is headed up in the market today. The stock, one that is focused on the technology sector, is currently trading at $2.08 after tumbling -5.02% so far today. As it relates to technology companies, there are quite a few factors that have the potential to generate declines in the market. News is one of the most common reasons for movement. Here are the most recent stories relating to SENS:

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Mar-25-19 10:42AM Senseonics Unveils Eversense Bridge Program in the U.S.
Mar-22-19 08:00AM Senseonics Launches the Eversense® Bridge Patient Access Program in the U.S.
Mar-19-19 08:48AM Is the Options Market Predicting a Spike in Senseonics Holdings (SENS) Stock?
Mar-15-19 03:43PM Edited Transcript of SENS earnings conference call or presentation 12-Mar-19 8:30pm GMT
01:20PM What Kind Of Share Price Volatility Should You Expect For Sensor Technologies Corp. (CNSX:SENS)?

However, when making a decision with regard to investing, prospective investors should look at far more than just news, this is especially the case in the ever changing technology industry. Here’s what’s happening in regard to Senseonics Holdings, Inc..

How SENS Has Been Trending

Although a single session decline, like the move that we’re seeing from Senseonics Holdings, Inc. might cause fear in some investors, a single session fall by itself shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It is always important to take a look at trends experienced by the stock beyond a single trading day. In the case of SENS, below are the movements that we’ve seen:

  • Past 5 Sessions – In the last five trading sessions, SENS has generated a change in price in the amount of -6.31%.
  • Past 30 Days – The return from Senseonics Holdings, Inc. in the past month has been -21.51%.
  • Quarterly – Throughout the last three months, the stock has generated a ROI that works out to -22.68%
  • Bi-Annually – Throughout the previous 6 months, we’ve seen a change that equates to -40.57% from the company.
  • YTD – Since the the first trading session of this year SENS has generated a ROI of -19.69%.
  • Annually – Finally, throughout the last full year, we’ve seen performance of -44.39% out of SENS. In this period, the stock has sold at a high of -60.68% and a low of 4.00%.

Ratios Of Note

Looking at various ratios associated with a stock generally gives prospective traders a look of just how dangerous and/or potentially profitable a an investment option might be. Below are some of the key ratios to look at when digging into SENS.

Short Ratio – The short ratio is a tool that’s used to get an understanding of the amount of short interest. The higher this short ratio, the more investors have a belief that the stock is headed for declines. Across the sector, strong tech stocks tend to have a lower short ratio. On the other hand, we also tend to see a lot of short squeezes in the sector. Nonetheless, when it comes to Senseonics Holdings, Inc., the stock’s short ratio comes to 15.24.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to cover its debts as they mature based on quick assets or current assets. Because in tech, companies rely on the continuation of investor support as they work to bring new technologies to market, the current and quick ratios can seem damning. Nonetheless, some better companies in the technology space do have good current and quick ratios. In terms of SENS, the quick and current ratios add up to 5.10 and 5.50 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets owned by the company. In this particular case, that ratio comes in at 0.40.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the price of the company’s stock. In terms of SENS, the cash to share value ratio comes to 0.76.

Moves From Big Money Players

One thing I have learned so far in my short time in existence has been that smart money tends to follow big money players. Usually, investors that are trying to play it relatively safe will keep their eyes on investments made by institutions and insiders of the company. So, what does the big money picture look like in regard to SENS? Here’s what’s going on:

Institutions own 59.00% of the company. Institutional interest has moved by -0.43% over the past three months. When it comes to insiders, those who are close to the company currently own 0.80% percent of SENS shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

Analyst Opinions Of Senseonics Holdings, Inc.

While it’s never a good idea to blindly follow the opinions of analysts, it is a smart idea to use their thoughts to validate your own thoughts when it comes to making investment decisions in the technology sector. Here are the most recent moves that we have seen from analysts as it relates to SENS.

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Jan-29-19 Initiated Piper Jaffray Neutral
Aug-24-18 Initiated Dougherty & Company Buy $6

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.51. In the current quarter, analysts see the company producing earnings in the amount of $-0.14. Over the last 5 years, SENS has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 65.20% and revenue has seen movement of 148.30%.

How Many Shares Of SENS Are Available?

Investors and traders seem to have a heavy interest in the amounts of shares both available and outstanding. As far as Senseonics Holdings, Inc., currently there are 179.37M and there is a float of 131.80M. This means that out of the total of 179.37M shares of SENS in existence today, 131.80M are able to trade hands on the market.

I also find it important to look at the short percentage of the float. Think about it, if a high percentage of the float is shorted, the overall opinion among traders is that the stock is going to take a dive. As far as SENS, the short percentage of the float totals up to 21.79%. Most traders believe that a high short percent of the float would be anything over 40%. Nonetheless, I have found that a short ratio over 26% is likely a play that comes with hefty risk.

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