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

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Senseonics Holdings, Inc. (SENS) is working its way for to the top in the market in today’s trading session. The company, focused on the technology industry, is currently priced at $1.10 after falling -14.73% so far today. As it relates to tech stocks, there are several aspects that have the ability to generate declines in the market. One of the most common is news. Here are the most recent trending headlines centered around SENS:

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Jul-18-19 03:33PM Why Senseonics Holdings Stock Sank Today
05:30AM Senseonics Announces Pricing of Public Offering of Common Stock
05:30AM Senseonics Announces Pricing of $82.0 Million 5.25% Convertible Senior Notes Due 2025
Jul-16-19 04:06PM Senseonics Announces Public Offering of Common Stock
04:06PM Senseonics Announces Commencement of Convertible Notes Offering

Nonetheless, when making an investing decision, prospective investors should look at much more than just news, especially in the ever evolving technology space. Here’s what’s happening in regard to Senseonics Holdings, Inc..

The Performance That We’ve Seen From SENS

While a move toward the top in a single session, like the move that we’re seeing from Senseonics Holdings, Inc. may lead to fear in some investors, a single session move by itself should not be the reason for a decision to, or not to, invest in a stock. It’s generally a good idea to dig into trends experienced by the stock for a period longer than a single trading day. As it relates to SENS, here are the returns on investment that investors have seen:

  • Past Seven Days – Throughout the last week, SENS has seen a change in value amounting to -36.42%.
  • Past 30 Days – The performance from Senseonics Holdings, Inc. in the past month has been -46.86%.
  • Past 3 Months – Over the past quarter, the stock has produced a return on investment that works out to -45.54%
  • Past Six Months – In the past six months, we have seen a change that amounts to -57.36% from the stock.
  • Year To Date – Since the the last trading session of last year SENS has generated a return of -57.53%.
  • Annually – Lastly, over the last year, investors have seen performance amounting to -72.64% from SENS. Over this period, the stock has sold at a high of -77.51% and a low of -14.06%.

Notable Ratios

Looking at various key ratios associated with a stock can provide investors a view of just how risky and/or potentially profitable a stock pick may be. Below are some of the most important ratios to consider when digging into SENS.

Short Ratio – The short ratio is a tool that is used by investors to measure the amount of short interest. As the short ratio heads up, it shows that more investors are expecting that the stock is headed for declines. Across the sector, strong tech stocks tend to carry a lower short ratio. However, we also tend to see quite a few short squeezes in the industry. Nonetheless, as it relates to Senseonics Holdings, Inc., it’s short ratio amounts to 17.86.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Essentially, they measure whether or not a company can cover its debts when they mature with only quick assets or current assets. In the tech space, several companies are heavily reliant on continued support from investors as they work to bring new technologies to market, the current and quick ratios can look damning. Nonetheless, quite a few gems in the technology industry come with good current and quick ratios. When it comes to SENS, the quick and current ratios come to 4.00 and 4.60 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets that are owned by the company. In this case, the book to share value ratio is 0.25.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. As it relates to SENS, the cash to share value is 0.

Smart Money Follows Big Money

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 SENS, here’s what we’re seeing:

Institutions own 57.90% of the company. Institutional interest has moved by -0.19% 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 With Regard To Senseonics Holdings, Inc.

Although it’s rarely a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their thoughts when validating your own before making an investment decision in the technology space. Here are the recent moves that we have seen from analysts as it relates to SENS.

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Jul-05-19 Downgrade Raymond James Outperform → Mkt Perform
Jan-29-19 Initiated Piper Jaffray Neutral
Aug-24-18 Initiated Dougherty & Company Buy $6

What We’ve Seen In Financial Results

What have ween seen from SENS in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – At the moment, Wall Street analysts are expecting that Senseonics Holdings, Inc. will generate earnings per diluted share that comes to -0.53, with -0.16 being announced in the earnings report for the current quarter. Although this information is not earnings driven, because we are talking on the topic of Wall St. analysts, Senseonics Holdings, Inc. is currently rated a 1.90 when rated on a scale from 1 to 5 on which 1 is the poorest Wall St. analyst grade and 5 is the best.
  • 5-Year Sales – Over the last 5 years, Senseonics Holdings, Inc. has reported a change in revenue that works out to be 0. Earnings per diluted share in the last 5 years have generated movement in the amount of 0.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is generally explained in the world of humans, SENS has created a change in earnings that amounts to -2.10%. SENS has also experienced movement with regard to revenue that totals 17.20%.

What’s The Float Looking Like?

Traders tend to like to know the counts of shares both available and outstanding. When it comes to Senseonics Holdings, Inc., currently there are 184.16M with a float of 109.73M. This means that out of the total of 184.16M shares of SENS in existence today, 109.73M 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 SENS, the short percent of the float is 25.41%.

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