Avinger Q3 Earnings Preview

AVGR Stock  USD 0.80  0.03  3.61%   
Slightly above 66% of Avinger's investor base is looking to short. The analysis of overall sentiment of trading Avinger stock suggests that many investors are alarmed at this time. Avinger's investing sentiment overview a quick insight into current market opportunities from investing in Avinger. Many technical investors use Avinger stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Avinger is set to report Q3 earnings on November 7th. Consensus estimates are -2.03 EPS and 1.64M revenue.

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Avinger Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Avinger can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Avinger Fundamental Analysis

We analyze Avinger's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avinger using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avinger based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Working Capital

Working Capital Comparative Analysis

Avinger is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Avinger Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Avinger stock to make a market-neutral strategy. Peer analysis of Avinger could also be used in its relative valuation, which is a method of valuing Avinger by comparing valuation metrics with similar companies.

Peers

Avinger Related Equities

TPGVFTop Glove   8.70   
0%
83.0%
PDEXPro Dex   4.81   
0%
46.0%
LUCYInnovative Eyewear   4.57   
0%
44.0%
GCTKGlucoTrack   4.00   
0%
38.0%
KRMDRepro Med   3.98   
0%
38.0%
MLSSMilestone Scientific   2.60   
0%
25.0%
ANGOAngioDynamics   2.34   
0%
22.0%
NEPHNephros   1.99   
0%
19.0%
STSSSharps Technology   1.73   
0%
16.0%
NXGLNexgel   1.51   
0%
14.0%
ATRCAtriCure   0.76   
0%
7.0%
ATRAptarGroup   0.58   
0%
5.0%
AKYAAkoya Biosciences   0.47   
0%
4.0%
ICUIICU Medical   0.39   
3.0%
0%
POCIPrecision Optics,   0.59   
5.0%
0%
ZJYLJIN MEDICAL   10.38   
100.0%
0%

Additional Tools for Avinger Stock Analysis

When running Avinger's price analysis, check to measure Avinger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avinger is operating at the current time. Most of Avinger's value examination focuses on studying past and present price action to predict the probability of Avinger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avinger's price. Additionally, you may evaluate how the addition of Avinger to your portfolios can decrease your overall portfolio volatility.