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

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Senseonics Holdings, Inc. (SENS) is working its way for to the top in the market today. The stock, one that is focused on the tech industry, is currently priced at $1.15 after a move down of -8.73% so far today. As it relates to tech stocks, there are several aspects that have the ability to lead to declines in the market. One of the most common is news. Here are the most recent trending headlines relating to SENS:

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Nov-07-19 02:51PM Hedge Funds Are Dumping Senseonics Holdings, Inc. (SENS)
Nov-05-19 10:33AM Earnings Preview: Senseonics Holdings (SENS) Q3 Earnings Expected to Decline
Oct-29-19 04:05PM Senseonics Holdings, Inc. Schedules Third Quarter 2019 Earnings Release and Conference Call for November 12, 2019 at 4:30 p.m. Eastern Time
Oct-24-19 06:44PM Senseonics Announces a Positive Coverage Decision for Eversense CGM From Humana
Oct-15-19 11:21AM Do Insiders Own Shares In Senseonics Holdings, Inc. (NYSEMKT:SENS)?

Nonetheless, when making a decision to invest, investors should look into much more than news, this is especially the case in the ever changing technology sector. Here’s what’s happening with Senseonics Holdings, Inc..

Recent Movement From SENS

Although a move toward the top in a single session, like what we’re seeing from Senseonics Holdings, Inc. may lead to fear in some investors, a single session fall alone shouldn’t be the basis of a decision to, or not to, invest in a stock. It is generally smart to look at trends further out than a single session. In the case of SENS, below are the trends that investors have seen:

  • Past 5 Sessions – Throughout the past week, SENS has seen a price change in the amount of -1.71%.
  • Past 30 Days – The monthly ROI from Senseonics Holdings, Inc. works out to 30.37%.
  • Past Three Months – Over the last 3 months, the stock has generated a return on investment that works out to -1.71%
  • Bi-Annually – Over the past 6 months, we have seen a change that equates to -46.26% from the company.
  • Year To Date – Since the close of last year SENS has generated a return of -55.60%.
  • Annually – Finally, throughout the last year, we’ve seen movement that works out to -68.66% out of SENS. In this period of time, the stock has sold at a high price of -71.57% and a low price of 43.57%.

Ratios That Are Notable

Digging into various ratios having to do with a stock generally gives traders a look of just how dangerous and/or potentially profitable a an investment option may be. Below are a few of the key ratios to think about when digging into SENS.

Short Ratio – The short ratio is a tool that is used by investors to measure the amount of short interest. The higher this short ratio, the more investors believe that the stock is going to go down. Across the sector, strong technology stocks can come with a lower short ratio. However, 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 amounts to 23.93.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Basically, they measure the company’s abilities to cover its debts when they come due with only quick assets or current assets. In the tech sector, companies are heavily reliant on the continuation of support from investors as they work to bring new technologies to market, these ratios can look upsetting. However, several better companies in the technology industry come with great quick and current ratios. As it relates to SENS, the quick and current ratios come to 2.30 and 2.80 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. In this case, that ratio comes in at 0.09.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the value of shares. In this case, the cash to share value is 0.

Big Money And Senseonics Holdings, 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 SENS, here’s what we’re seeing:

  • Institutions – Currently, institutions hold 50.20% of Senseonics Holdings, Inc.. Nonetheless, it is important to mention that the ownership held by institutions has seen a move of 0.32% in the last 3 months.
  • Insiders – As far as insiders go, insiders of the company currently own 0.70% of the company. Their ownership of the company has seen a move of 0 over the past 3 months.

What Analysts Think About Senseonics Holdings, Inc.

While it’s never a smart idea to blindly follow the thoughts of analysts, it is a smart idea to use their analysis to validate your own opinions when it comes to making investment decisions in the technology industry. Below you’ll find the most recent moves that we’ve seen from analysts when it comes to SENS.

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Oct-23-19 Initiated Stifel Buy
Jul-05-19 Downgrade Raymond James Outperform → Mkt Perform
Jan-29-19 Initiated Piper Jaffray Neutral
Aug-24-18 Initiated Dougherty & Company Buy $6

Financial Results And Expectations

What have ween seen from SENS in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – Currently, Wall Street analysts expect that the company will generate earnings per diluted share that comes to -0.57, with -0.16 being announced in the earnings announcement for the current quarter. Although this is not associated with earnings, because we are talking about analysts, Senseonics Holdings, Inc. is presently rated a 1.80 on a scale from 1 to 5 where 1 is the poorest possible analyst grade and 5 is the best possible rating.
  • 5-Year Sales – Over the last 5 years, Senseonics Holdings, Inc. has created a movement in revenue that comes to a total of 0. Earnings through the last half decade have generated movement in the amount of 0.
  • Q/Q – In terms of quarter over quarter earnings performance, or Q/Q data as it is generally represented in the world of humans, the company has created a change in earnings in the amount of 25.00%. Senseonics Holdings, Inc. has also seen a change when it comes to sales that totals 27.80%.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 193.25M shares of Senseonics Holdings, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SENS has a float of 131.08M.

It’s also important to take a look at the short percentage of the float. Think about it, when a high percentage of the float is shorted, the overall opinion among investors is that the stock is headed for a steep decline. When it comes to SENS, the percentage of the float that is currently being sold short is 27.95%. Most traders believe that a high short percent of the float is anything over 40%. However, I have found that a short ratio over 26% is usually a play that comes with hefty risk.

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